Growth Energy, the nation’s largest biofuel trade association, issued the following statement after the House passed its budget reconciliation bill:
“We’re grateful to our champions on Capitol Hill who have worked hard to preserve and extend rural priorities, like the 45Z clean fuel production tax credit. This budget reconciliation package would give farmers and ethanol producers the freedom and flexibility to deliver for the American people. It ultimately delivers on the President’s agenda—it’s good for rural communities, good for innovation, good for investment, and good for American energy dominance,” said Growth Energy CEO Emily Skor. “We urge the Senate to protect the 45Z tax credit and get this bill onto the President’s desk, so we can unlock billions of dollars of investments in new markets for farmers and U.S. clean energy innovation.”