Author Archives for Rhonda O'Connor

RIN Prices Continue Climb with Release of Proposed 45Z Regulations

RIN prices continued to climb after the U.S. Treasury Department and IRS released the long-awaited proposed regulations for the Clean Fuel Production Credit (commonly referred to as the 45Z tax credit). While the 45Z credit took effect on January 1, 2025, IRS had only issued interim guidance for it. This lack of regulatory clarity has contributed to delays and disruptions in biodiesel and renewable diesel production across the United States. With proposed regulations now available, renewable fuel producers eligible for the credit have gained some insights about the direction being taken by the Trump Administration. The February 3 proposed regulations... Read More →