Extension of 45z Lifts RD Outlook, D4 Rins Tank as Policy Leans on PTC
A major shift unfolded this week as the House Ways and Means Committee passed a bill modifying and extending the 45Z clean fuel production credit through 2031. Crucially, the bill removes ILUC (indirect land use change) from CI calculations and restricts feedstock eligibility to U.S., Canadian, and Mexican origin. These changes create a more favorable framework for domestic renewable diesel and biodiesel producers—especially those using vegetable oils like canola and soybean oil—and signal a long-term policy commitment to North American fuels.
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