Jun. 17 at 7:57 PM
Relevant stocks limpacted by the legislation
$OPAL $CLNE $PCG $OXY
AEMETIS (NASDAQ: AMTX) The Senate improved on the House version for biofuels that will become law on 4 July under the Big Beautiful Bill
Key items:
- negative carbon intensity is specifically allowed for biofuels from animal manure (such as dairy and swine). This resolves the issue of how dairy RNG receives a huge amount of cash from 45Z.
- extends 45Z to year 2031
- fully transferable tax credits until 2031
- no indirect land use penalty for any biofuels (highly valuable for RD and SAF using soy feedstock, but worth millions each year for every ethanol plant)
