Geoff Cooper is the president and CEO of the Renewable Fuels Association and he tells the Iowa Agribusiness Radio Network that the United States ethanol industry is projected to have a record year for ethanol exports.
He says that the countries importing U.S. produced ethanol do not have the production infrastructure of the United States but want the environmental benefits of a lower carbon fuel.
While the 45Z tax credit program is set to begin in 2025, Cooper says there are still a lot of questions about the implementation of the program.
He says that guidance is needed to inform growers what farming practices they need to utilize to qualify for the credit.
For more information visit https://ethanolrfa.org/
