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...
We are likely to see a number of hemp companies invoke force majeure clauses in contracts as a result of the COVID-19 pandemic. A successful force majeure case eliminates liability for companies that are unable to meet contract terms as a result of natural disaster, war, terrorism, strikes, and ostensibly, pandemics. Energy companies like Valero are looking to reduce their exposure in markets with far more ethanol in storage than is typical, and…