05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Support for the biodiesel tax credit resurfaced after the government’s partial shutdown concluded. Supporters of the lapsed program are looking towards the omnibus budget package as the next/last best chance for success this year.
Biodiesel RINs gave back yesterday’s gains as both the 2018 and 2019 vintages moved lower. The 2019 RIN fell 2.5 cents, settling just below Friday’s…