Ethanol group optimistic Trump would maintain climate law credits

By Marc Heller | 09/18/2024 01:18 PM EDT

The Renewable Fuels Association is pressing the Trump campaign to save Inflation Reduction Act provisions friendly to biofuels.

A motorist fills up with gasoline containing ethanol.

A motorist fills up with gasoline containing ethanol in Des Moines, Iowa, on July 26, 2013. Charlie Riedel/AP

A second Trump administration would likely preserve parts of the Biden administration’s climate law friendly to biofuels, an ethanol industry group said Wednesday.

Geoff Cooper, president and CEO of the Renewable Fuels Association, told reporters he expects a “more surgical” approach to scaling back the Inflation Reduction Act if Donald Trump becomes president again, based on increasing calls from congressional Republicans to save certain clean-energy provisions beneficial to their districts and states.

“They’re seeing investments or big plans for investments in their districts,” Cooper said of Republican lawmakers who’ve cautioned that measures like biofuel tax credits in the IRA shouldn’t be repealed. Cooper spoke with reporters on a conference call to outline the industry group’s priorities ahead of the November elections.

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The law includes incentives for sustainable aviation fuel made from crops and agricultural waste, as well as tax credits for fuels that reduce greenhouse gas emissions, including biofuels.

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