Starting ๐๐๐ง๐ฎ๐๐ซ๐ฒ 1๐ฌ๐ญ, 2025, the Clean Fuel Production Credit (CFPC) โ also known as the 45Z tax credit โ will be in effect.
This new incentive offers ethanol producers significant tax deductions: ๐ฎ๐ฉ ๐ญ๐จ $1 ๐ฉ๐๐ซ ๐ ๐๐ฅ๐ฅ๐จ๐ง for nonaviation fuels, for reducing their CI score.
This presents a substantial opportunity to enhance sustainability and lower production costs.
While much of your CI score is influenced by the sustainability of the corn used, there are still considerable opportunities to reduce emissions directly at your production plant.
Continuum Agโs CEO, Mitchell Hora, highlights the potential savings [1]:
“๐ ๐จ๐ซ ๐๐ญ๐ก๐๐ง๐จ๐ฅ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง, ๐จ๐ง๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ ๐ฌ๐๐จ๐ซ๐ ๐๐ซ๐จ๐ฉ๐ฌ ๐๐๐ฅ๐จ๐ฐ 50, ๐๐ฏ๐๐ซ๐ฒ ๐ฉ๐จ๐ข๐ง๐ญ ๐ซ๐๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐๐ซ๐ง ๐ฒ๐จ๐ฎ ๐๐ง ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐ญ๐ฐ๐จ ๐ฉ๐๐ง๐ง๐ข๐๐ฌ ๐ฉ๐๐ซ ๐ ๐๐ฅ๐ฅ๐จ๐ง.โ
Considering the ethanol yield per bushel of corn, this translates to about $0.054 ๐ฉ๐๐ซ ๐๐ฎ๐ฌ๐ก๐๐ฅ for each CI point reduced.
At Kinergetics, weโre leading the way with our patent-pending waste heat-integrated recompression (WHIR) system.
This innovative technology has the potential to significantly lower your CI score by reducing natural gas usage significantly.
Donโt miss out on this opportunity to drive down costs and reduce your environmental footprint! Contact us today for help reducing your CI score
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