The Clean Fuel Production Tax Credit matters to corn and soybean growers because the value of the tax credit depends on the carbon intensity of the final biofuel product. This article addresses three questions. First, what does it actually mean for a corn or soybean crop to have a carbon intensity score? Second, which farm practices may count toward lowering that score under the current 45Z policy? Third, how much can the recognized carbon intensity benefit from the same practice differ across Illinois counties?
The Clean Fuel Production Tax Credit (45Z), Part 2: Carbon Intensity
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