On December 19, Congress approved a set of government funding packages that re-authorized two tax credits critical to the biofuels industry: the biodiesel tax credit and the second-generation biofuels tax credit. These tax credits have been waiting to be extended since they expired in 2017 and include renewal of a $1 per gallon tax credit for biodiesel through the end of 2022, and $1.01 credit for second-generation biofuels through 2020. By extending these credits, Congress has provided biofuels producers the certainty they need to plan for the future and invest in innovation that helps grow rural economies.

Growth Energy was pleased to join a group of industry associations in November in sending a letter to Congressional leadership asking for these credits to be extended and welcomed the great news for the biofuels industry. We applaud our champions in Congress for their continued efforts in fighting for rural America and for taking up this critical issue.

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Our 2020 Executive Leadership Conference is right around the corner — if you can't make it in person, make sure you follow along here from February 5-8 to catch up on all the highlights. cvent.com/events/2020-ex…

via @GrowthEnergy

Today, our SVP of Federal Affairs Chris Bliley gave a presentation to the National Capital Area Chapter of the U.S. Association for Energy Economics on the role of the RFS and biofuel in our nation's energy policy, and taking questions from local energy experts. https://t.co/T554b0Wrj4

via @GrowthEnergy

We've partnered with the National Association of Agricultural Educators on a one of a kind curriculum to help the next generation learn about biofuel and the value the industry adds to rural communities across the country. Interested? Click here: growthenergy.org/resources/clas…

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Mexico is already one of our primary export markets, but their pursuit of a ten percent ethanol blend standard could open up a massive new market for our producers. The USMCA helps us get there. https://t.co/9wqZseIFkI

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