ABFA Supports The Inflation Reduction Act of 2022
“The Advanced Biofuels Association (ABFA) is pleased that the new Senate Inflation Reduction Act will provide extensions for renewable diesel and clean fuel production tax credits, as well as create a sustainable aviation fuel credit, which are essential to reducing greenhouse gas emissions from our nation’s highest emitting sector – transportation. Our low-carbon liquid fuels, which by law must exceed 50 percent emissions reductions, but frequently exceed 80 percent, are vital to propel the US into a cleaner, energy-independent future. We encourage Congress to support this historic legislation that will create much needed certainty for the production of the American-made, low-cost, low-carbon fuels of the future.”
– Michael McAdams, President of the Advanced Biofuels Association