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...
Faith that the Trump administration could get behind the government mandated renewable fuels industry is being replaced by despair. Small to mid-level producers have been looking for consistency and a forward outlook that they can build on. Instead, RVO’s for the D4 and advanced biofuels mandates have stalled. The blenders tax credit does not look any closer to reaching resolution, at least not before the 11
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