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U.S. advocates local crops in fuel credits

U.S. advocates local crops in fuel credits


By Jamie Martin

During a recent White House meeting, American Farm Bureau President Zippy Duvall, alongside other agriculture leaders, emphasized the need for prioritizing American-grown crops in sustainable fuel production tax credits.

The meeting, which included stakeholders from the National Corn Growers Association and American Soybean Association, focused on the Clean Fuel Production Credit and the Sustainable Aviation Fuel Credit, set to impact the agricultural sector significantly.

"We appreciate John Podesta’s willingness to hear our concerns about the Clean Fuel Production Credit and the Sustainable Aviation Fuel Credit," said President Duvall. He stressed that while these incentives aim to reduce carbon emissions and maintain economic sustainability for farmers, they need to be restructured to benefit domestic producers more effectively.

The leaders highlighted that the current guidelines do not mandate the use of domestically grown feedstocks for sustainable aviation fuel production, often disadvantaging U.S. farmers. They also pointed out the burdensome reporting requirements that make it difficult for local farmers to participate profitably.

The group urged the administration to establish regulations that favor American feedstocks and revise guidelines to make biofuel production more feasible for U.S. farmers.

With the Clean Fuels Production Credit scheduled to take effect next year, timely action is crucial for farmers planning their crop strategies. The proposed changes aim to ensure a fair market for U.S. crops and support the nation's goals for cleaner energy and economic sustainability in rural America.

Photo Credit: national-corn-growers-association


Categories: National

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