Inflation Reduction Act Is Both Good And Bad News For U.S Biofuels

There is great optimism over the expansion of America’s renewable energy sector, beyond just wind and solar power, particularly following the approval of the Inflation Reduction Act (IRA) this summer. In addition to more well-known energy sources, such as hydropower, experts are now seeing great potential for lesser-known green energy sources like biofuels in America’s future.

But as the U.S. government introduces new policies in support of biofuels production some worry about the potential for fraud.  Biofuels are liquid fuels…