U.S. biomass-based diesel tax credit renewed through 2022 in government spending bill

U.S. biomass-based diesel tax credit renewed through 2022 in government spending bill
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28.01.2020

The U.S. government spending bill signed into law in late December 2019 included several provisions related to federal energy programs. Among these provisions was the reinstatement of a $1.00 per gallon biodiesel mixture credit, commonly referred to as the biodiesel tax credit (BTC). The BTC applies to both biodiesel and renewable diesel (referred to as biomass-based diesel) through 2022. The credit was also retroactively applied to 2018 and 2019.

Full article at eia.gov

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