Renewable fuel groups are bending the ear of lawmakers, urging them to take action on IRA tax credits that expired at the end of last year.
The RFA’s Geoff Cooper says it could be a while before the industry gets solid answers around 45Z.
”...That’s why, in the meantime, RFA believes Congress should strongly consider reinstating the suite of biofuel tax incentives that expired in December, including the second generation biofuel producer tax credit.”
Cooper says he is optimistic for the year ahead, adding the ethanol industry added $50 billion to the GDP last year, with more than $25 billion in income.
Related Stories
“There is a lot of financial uncertainty on the farms right now.”
U.S. Secretary of Agriculture Brooke Rollins announced her five-point comprehensive strategy to fight High-Path Avian Flu (HPAI) on Wednesday in an op-ed published in the Wall Street Journal.
“62% of the commercial beekeepers have lost their bees, which would be in the millions— over a million bees”
