*Please Note – Bob Lane will be out of the office until August 8, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*
Between 2016 and 2022, nearly half of federal subsidies were for renewable energy producers (mostly biofuels, wind and solar), according to a recently released U.S. EIA report. Renewable subsidies rose from $7.4 billion in fiscal year 2016, to $15.6 billion in 2022, the EIA’s Federal Financial Interventions and Subsidies in Energy report showed.
Tax and direct expenditures, combined, accounted for about 97 percent of total renewable subsidies over that period. Due to decreasing direct expenditures and growing tax expenditures, tax expenditures made up nearly all of the renewable subsidies in recent years.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...