Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with Fastmarkets.
The Biden administration is expected to provide guidance relating to the 45z tax credit, according to one source. The 45z credit replaces the $1 per gallon Blenders Tax Credit that expired at the end of 2024. However, GREET guidance on modelling the credit has been missing.
Not having the guidance in place has moved much of the biodiesel industry into taking downtime to wait and see if production economics become viable in the near term without the BTC.
Biofuel producers are hoping to see either some promising news on the 45z or a return to the BTC.
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01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...