In Georgia, Cultura Technologies announced that its newly formed brand, CreditCrop, has joined the Clean Fuel Credit Consortium (CFCC), a multi-company collaboration with Verdova, Vericap, and JAG Group, Inc. The consortium aims to support clean-fuel credit generation and regulatory compliance across the North American ethanol marketplace. The CFCC goal is to establish a unified, verifiable […]
In New York, Morning Ag Clips reported that the Ohio Soybean Association (OSA) commended the U.S. Department of the Treasury for the release of new guidance surrounding the 45Z biofuel tax credit. The guidance addresses key aspects of biofuel production and outlines the eligibility criteria for claiming the credit, benefiting soybean farmers by further strengthening […]
In Washington, the U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) released guidance on the Clean Fuels Production Credit (section 45Z) last Friday. Section 45Z provides a tax credit for the production of transportation fuels with lifecycle greenhouse gas (GHG) emissions below certain levels. The credit is in effect in 2025 and […]
In Washington, Growth Energy responded to a request for information from the House Ways and Means Committee about the 45Z clean fuel production credit. In a letter to the Committee Members who issued the RFI—Reps. Adrian Smith (R-Neb.), Randy Feenstra (R-Iowa), Michelle Fischbach (R-Minn.), Darin LaHood (R-Ill.), Carol Miller (R-W. Va.), and Claudia Tenney (R-N.Y.)—Growth […]
In Washington DC, U.S. Senator Sherrod Brown (D-OH) announced the introduction of his new bipartisan legislation to block taxpayer money from being used to subsidize biofuels produced using imported foreign feedstocks such as Chinese used cooking oil and Brazilian ethanol. The bill would also extend the 45Z Clean Fuel Production Credit. The 45Z Clean Fuel […]
