WASHINGTON, D.C.—Growth Energy, the nation’s largest biofuel trade association, issued the following statement today after Reps. Brad Schneider (D-Ill.), Dan Kildee (D-Mich.), and Julia Brownley (D-Calif.) introduced the Expanding Clean Fuel Production Act—a bill that would extend the Section 45Z Clean Fuel Production Credit for 10 years:
“Farmers and renewable fuel producers are making decisions today about how to invest their time and money in the years to come. With this bill they would be able to make those decisions with greater confidence, and make the kind of investments that increase efficiency, lower their carbon intensity, create jobs, and grow the rural economy,” said Growth Energy CEO Emily Skor. “We commend Reps. Schneider, Kildee, and Brownley for taking the lead on this issue in the House, and we look forward to working with them and all of our biofuel champions in this Congress and the next to extend the 45Z tax credit and maximize its benefits for farmers, producers, and the communities that depend on them.”
Learn more about 45Z here.
