Stakeholders Urge Congress to Extend Biofuel Tax Policies
by Anna Simet (Biomass Magazine) Tax provisions critical to the biofuel and biopower industries are set to expire at the end of the month—including the federal renewable energy production tax credit and cellulosic biofuel producer , biodiesel and renewable diesel credit tax credits—and industry stakeholders are urging Congress for extensions.
The Advanced Ethanol Council, Advanced Biofuel Association, Algae Biomass Organization and Biotechnology Industry Organization delivered a letter to House Ways and Means Committee Ranking Member Dave Camp, R-Mich., and Chairman Sander Levin, D-Mich, and Senate Finance Committee Chair Max Baucus, D-Mont., and Ranking Member Orrin Hatch, R-Utah, on behalf of 63 biofuel industry member companies. READ MORE and MORE (Advanced Biofuels Association) and MORE (Platts)