An eligible biofuels producer is a business entity, such as a sole proprietorship, partnership, corporation, or other organization, that either currently operates or plans to operate a facility for producing cellulosic biofuels. To qualify as an eligible biofuels producer, the entity must meet specific criteria set forth in the relevant regulations, particularly regarding production incentives.
This term is primarily used in the context of energy production and conservation laws. It is relevant in areas such as environmental law and energy regulation. Eligible biofuels producers may be involved in applying for production incentives or grants, which can be facilitated through legal forms and templates provided by platforms like US Legal Forms.
Here are a couple of examples of abatement:
Example 1: A corporation that operates a facility producing biofuels from agricultural waste qualifies as an eligible biofuels producer and can apply for federal production incentives.
Example 2: A partnership planning to build a new facility for converting wood chips into biofuels also qualifies, provided they meet the necessary regulatory requirements. (hypothetical example)
Major statutes include:
| Term | Definition |
|---|---|
| Biofuels Producer | A general term for any entity producing biofuels, not limited to cellulosic types. |
| Eligible Biofuels Producer | A specific type of biofuels producer that meets defined criteria for incentives. |
If you believe you qualify as an eligible biofuels producer, consider the following steps:
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It is a business entity that operates or plans to operate a facility for producing cellulosic biofuels and meets specific eligibility criteria.