Senators to Treasury: Bar fuels made from imported feedstocks from IRA credits

A bipartisan group of senators on Tuesday pressed the Treasury Department to limit eligibility for the renewable fuel tax credits established under the Inflation Reduction Act to fuels made from domestically sourced feedstocks, warning their inclusion could hurt U.S. farmers and clash with Congress’ legislative aims. “45Z is intended to stimulate the development of a domestic, low-carbon fuel supply chain and to increase American competitiveness in the renewable and traditional energy markets,” a group of 16 senators -- eight from...