A leader with Clean Fuels Alliance America says the industry continues to benefit from the extension of a biodiesel and renewable diesel tax incentive under the Inflation Reduction Act.
Kurt Kovarik, vice president of federal affairs, tells Brownfield it helps provide long-term certainty in tax policy.
“The Inflation Reduction Act included a straight two-year extension of the biodiesel blenders tax credit, so that provides certainty through 2023 and 2024,” he says.
