Cultura Technologies announced today that its newly formed brand, CreditCrop, has joined the Clean Fuel Credit Consortium (CFCC), a collaboration with Verdova, Vericap, and JAG Group, Inc. focused on supporting clean-fuel credit generation across the North American ethanol marketplace.
The consortium aims to establish a unified framework for ethanol producers, farmers, and corporate buyers participating in 45Z Clean Fuel Production Tax Credits in the United States and Clean Fuel Regulations in Canada.
"We are uniting the industry's leading data and expertise to bring clarity and confidence to clean-fuel credit markets," said Jeff Schreiner, Senior Vice President of Global Collaboration at Cultura Technologies.
With more than 40 Category A ethanol projects across the U.S., the CFCC represents potential access to an estimated $3 billion in tax credits. The consortium's approach enables verified data from farms, retailers, and ethanol producers to support traceable credit generation.
Recent federal legislation allows clean-fuel producers to transfer tax credits for cash, providing near-term liquidity for producers.
"This consortium delivers an efficient solution for ethanol producers and corporate buyers alike," said Dan Olson, Founder and CEO of JAG Group, Inc.
The consortium partners with multiple Ag Tech providers to allow interoperability across various data platforms in the ethanol value chain.
