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.”
March cold storage data showed generally tighter year-over-year stock levels across several key meat and dairy categories.
April 28, 2026 06:00 AM
·
Dr. Peter Beetham with Cibus joins us to discuss the Supreme Court review of a case about glyphosate use, its potential impact on Bayer and Roundup, farmers who use the products, and the ag industry as a whole.
April 27, 2026 03:18 PM
·
Meredith Petersen joined us to discuss the National Swine Health Strategy, how it was developed through industry collaboration, potential challenges ahead, and its expected benefits for pork producers.
April 27, 2026 03:05 PM
·
Discussions focused on rising costs and the future of farm policy.
April 27, 2026 01:10 PM
·
U.S. Soybean Export Council CEO Jim Sutter joins us to discuss the impact of new trade development funding for U.S. soy.
April 27, 2026 01:08 PM
·
Rep. Adrian Smith joins us to discuss the push for nationwide year-round E15 sales and legislative hurdles for getting it into the farm bill.
April 27, 2026 12:16 PM
·
