Policy Push Yields Mixed Results For Biofuels Sector
Law360 (January 10, 2020, 5:02 PM EST) -- The end of 2019 was marked with mixed results for the biofuels industry, as both Congress and the Trump administration completed their work on policies critical to the sector.
Congress agreed to a broad tax extenders package that included a retroactive extension for the biodiesel and renewable diesel credit, while the U.S. Environmental Protection Agency published its 2020 volume obligations that included a final decision on the treatment of gallons exempted through the Small Refinery Exemption program.
The industry celebrated news of the tax credit’s extension as a victory — only to see the EPA finalize a deal that farmers and...
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