StoryRegulatory
Pivot Bio's CEO testifies at the IRS hearing on 45Z clean-fuel credit rules, urging credit for nitrogen practices
Pivot Bio CEO Chris Abbott testified at an IRS hearing on proposed Section 45Z clean-fuel production tax credit rules, arguing that biological nitrogen management should qualify as an on-farm practice. He emphasized that microbial nitrogen products reduce dependence on imported fertilizers, keeping dollars in the domestic economy.
- Abbott contended microbial nitrogen should be recognized in the 45Z framework alongside traditional on-farm carbon-reduction practices.
- Biological nitrogen offers supply-chain resilience, particularly important given recent disruptions in the Strait of Hormuz affecting fertilizer imports.
- Pivot Bio's products are commercially available and domestically produced, not speculative future technology.