Limiting 45Z credits to U.S. feedstocks has risks, says Vilsack
U.S. food and ag exports might suffer if the government denies 45Z tax credits to foreign feedstocks used in making sustainable aviation fuel, said Agriculture Secretary Tom Vilsack on Tuesday. The Biden administration intends to issue regulations for the tax credits, worth up to $1.75 a gallon, before leaving office in January, Vilsack told a biofuels group. "I'm confident that we're going to get her done."