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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Today in Michigan, with holiday drivers facing record-high gas prices, the state Senate Ag Committee approved legislation to expand access to lower-cost, lower-emissions biofuel blends for drivers in Michigan. growthenergy.org/2022/06/23/gro…

via @GrowthEnergy

New → Canada has released its finalized Clean Fuel Regulations, and they are a win for the Canadian consumer and low-carbon biofuels. growthenergy.org/2022/06/29/can… https://t.co/sz5VlK7MSL

via @GrowthEnergy

@FoxNews @sheetz E15 is available this summer thanks to @POTUS recent emergency waiver. Year-round E15 should be made permanent so these savings can be accessed by American drivers all year long.

via @GrowthEnergy

As seen on @FoxNews ⛽️ @sheetz is selling E15/Unleaded88 for $3.99/per gallon all weekend long to promote renewable fuel options and reflect the cost savings of E15 at stations across the country. https://t.co/RJBx9ztRYw

via @GrowthEnergy