URBANDALE, Iowa (Jan. 10, 2025) – American Carbon Alliance CEO Tom Buis issued the following statement in response the release of the 45Z Clean Fuels Production tax credit guidance released today:
“Today’s 45Z guidance falls short of expectations and is a missed opportunity to provide the clarity that rural America was hoping for. The 45Z program holds immense potential to drive new demand in the agriculture sector, expand market opportunities, strengthen rural economies, and provide much-needed stability for farm incomes. However, the lack of critical details released today undermines the certainty the agriculture industry needs to fully capitalize on this opportunity.
“We look forward to working with Trump Administration officials to finalize this important program, ensuring the U.S. demonstrates a true commitment to energy independence through renewable resources.”
###
