Biofuels Central

Growth Energy to US Treasury – Unleash American Biofuels

growth energy biofuels american
biofuels central news

Growth Energy to US Treasury – Unleash American Biofuels

WASHINGTON, D.C.—Growth Energy, the nation’s largest biofuel trade association, called on the U.S. Treasury and Internal Revenue Service (IRS) to swiftly finalize guidance for the implementation of the 45Z clean fuels credit. In a letter submitted in response to IRS notices 2025-10 and 2025-11, Growth Energy provided a detailed roadmap for changes that would unleash U.S. energy production and unlock investments needed to restore the rural economy.

Growth Energy CEO Emily Skor, said:

The Trump administration has an important opportunity to give farmers and biofuel producers the freedom and flexibility to dominate clean fuel markets around the world and ensure that America wins the global race for the future of the skies,

“The previous administration passed on making 45Z an economic engine for rural America, but this U.S. Treasury could unleash billions of dollars of investment in America’s farm economy. We’re grateful to the Trump administration for taking a fresh look at 45Z, and we urge regulators to move quickly to restore our competitive edge across the heartland.”

Growth Energy’s own research demonstrates that, if implemented properly, the 45Z tax credit would add $21.2 billion to the U.S. economy, generate nearly $13.4 billion in household income, support more than 192,000 jobs across all sectors of the national economy, and provide farmers with a 10 percent premium price on corn farmed using regenerative agriculture practices and used at an ethanol plant.

READ the latest news shaping the biofuels market at Biofuels Central

Growth Energy to US Treasury – Unleash American Biofuels, source

biofuels central news

Get our LinkedIn updates!

Join our weekly newsletter

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.