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 Environmental Protection Agency (EPA) missed a Nov. 30 statutory deadline to announce the quantity of renewable fuel the nation’s refiners would be required to blend with transportation fuel next year. Missing the deadline was not unexpected as EPA has failed to release the initial proposal submitted to the White House Office of Management and Budget in June.
Generally, the EPA submits their proposal in…