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Not Giving Up On the Necessary

Tom Bryan

September 21, 2023

BY Tom Bryan

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Perry introduces bill to repeal 45Q tax credit

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By Erin Voegele

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Rep. Scott Perry, R-Pa., on March 6 introduced the 45Q Repeal Act. The legislation aims to repeal the Section 45Q tax credit for carbon capture, utilization and storage (CCUS). The bill, H.R. 1946, is cosponsored by Rep. Ro Kahanna, D-Calif.

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The Renewable Fuels Association on March 7 congratulated member company Elite Octane, based in Atlantic, Iowa, for reaching the milestone of producing its billionth gallon of ethanol. The facility began operations in July 2018.

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At its 22nd International Marketing Conference and 65th Annual Membership Meeting in Austin, Texas, the U.S. Grains Council announced it will bring forward a vote to amend the organization’s name to the U.S. Grains and BioProducts Council.

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Iowa Secretary of Agriculture Mike Naig in February named the recipients of the 2025 Renewable Fuels Marketing Awards. Al’s Corner Oil was recognized for ethanol marketing and Pro Cooperative was recognized for biodiesel marketing.

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