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Shining Light on Farm & Food Policy for 20 Years.
Friday, April 26, 2024
Biofuel producers find themselves in a discomforting, but all-too-familiar, situation again this year. Valuable tax incentives have been allowed to expire once again, and Republican tax writers are openly questioning whether those and other lapsed tax breaks should be allowed to die.
The National Biodiesel Board is once again pushing for an extension of the biodiesel tax credit and will testify before a House subcommittee today to make their case.
The Trump administration this week finalizes hefty steel and aluminum tariffs that have farm groups bracing from retaliatory trade actions, and the president also is pushing forward to address complaints by refiners about the cost of complying with federal biofuel mandates.
President Trump’s search for a way to address refiners’ complaints about the Renewable Fuel Standard remained at an impasse following a meeting with biofuel and refining industry executives where the idea of a temporary cap on ethanol credits was quickly rejected by producers.
The Commerce Department today took the final step to authorizing retaliatory action against imports of biodiesel from Argentina and Indonesia, setting the final rates importers must pay to bring the biofuel into the U.S.
Lawmakers have reached agreement on new assistance for cotton and dairy producers, potentially clearing the way for House and Senate Agriculture committees to begin moving a new farm bill by spring.
One would think a state’s effort to introduce more low-carbon fuels into the gas tanks of consumers would be cheered by renewable fuels stakeholders of all shapes and sizes. But one would be wrong.
A new study on biodiesel’s lifecycle energy and greenhouse gas (GHG) emission effects updates and reaffirms the long-understood benefits of using the renewable fuel.
Representatives all segments of the biomass-based diesel value chain sent a letter to congressional leaders today, urging them to include a retroactive, multi-year extension of the biodiesel tax incentive as part of a comprehensive budget negotiation or continuing resolution.
