Patrick Serfass, Executive Director of the聽American Biogas Council, issued the following statement on the House Ways and Means Committee鈥檚 extension of the Clean Fuel Production Tax Credit and refinement of carbon intensity scoring.
鈥淭he American Biogas Council applauds the House Ways and Means Committee for extending the 45Z Clean Fuel Production Tax Credit in its reconciliation bill. This is a critical step toward supporting reliable renewable fuels like biogas that reduce air and water pollution, create American-made energy, and drive rural economic development. The extension of 45Z ensures continued momentum for investment in biogas systems that turn organic waste into clean energy鈥攂enefiting communities, farmers, and rural economies.
“In addition, the bill calls for manure-specific carbon intensity scoring related to Section 45Z. This will provide a more accurate reflection of emissions savings when biogas projects recycle manure. We thank the Committee for recognizing the importance of this credit and look forward to working with Congress to ensure its swift passage.
鈥淲e look forward to working with the Senate to extend the provisions for biogas projects that make renewable electricity (Sections 48E/45Y) and hydrogen (Section 45V). The electricity credit in particular will help small farmers and municipalities who want to extract value from their waste but will be unable to use Section 45Z to do so and will bear greater costs to their operations聽without聽them.鈥�