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...
The biodiesel market continues edge sideways with RINs moving higher one day only to slip lower the next. The absence of the blenders tax credit (BTC) being attached to the latest already signed legislation as created somewhat of a vacuum. One producer mentioned that there was a lot riding on the BTC being passed. Now that it hasn’t, they are talking about shutting down production at the end of…