With just days left in office, the Biden Administration has released information about the 45-Z tax credit. However, biofuels groups argue the plan lacks critical details.
When it comes to renewable fuels, the Treasury Department says used cooking oil will not be included in the 45-Z credit, and they say that is to help limit concerns around mislabeled oils. In addition, the Energy Department is also expected to update the GREET model, which will determine the emissions rated for 45-Z.
Industry groups say they are disappointed by the release, saying it lacks key details farmers need.
The Renewable Fuels Association’s Geoff Cooper says, “We do not believe this guidance alone will spur the investment, innovation, and job creation in the clean fuels sector that Congress and the Administration intended. It simply isn’t bankable, investable, or otherwise actionable for the vast majority of biofuel producers.”
Lewis Williamson of HTS Commodities joined us with an update on the historic winter storm impacts and his outlook on today’s ag markets.
January 27, 2026 02:39 PM
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RFD NEWS correspondent Frank McCaffrey recently spoke with Dr. Mike Vickers, a South Texas rancher, who says illegal border crossings have dramatically declined in the last year.
January 27, 2026 11:51 AM
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New rule speeds leasing and permitting for federal oil and gas development
January 27, 2026 11:17 AM
Payment totals alone do not show financial stress — production costs and net losses complete the picture.
January 26, 2026 02:30 PM
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Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.
January 26, 2026 01:33 PM
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Without additional support, many soybean operations will continue to face financial stress as they prepare for the 2026 crop.
January 26, 2026 09:41 AM
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