CIBO Technologies, a climate software leader in agriculture, has announced a strategic partnership with Scoular, a major commodity and ingredient agrobusiness, to help farmers adopt regenerative agricultural practices and model emissions reduction outcomes. This partnership aims to provide biofuel producers with low-carbon intensity (CI) crops, aligning with the tax incentives offered under Section 45z of the Inflation Reduction Act. These tax credits reward biofuel producers for using lower-CI feedstocks, driving more sustainable transportation fuel production.
Through this collaboration, CIBO and Scoular will empower farmers to collect crucial data about their practices and measure the environmental impact of regenerative agriculture. Scoular’s network of farmers will be better positioned to produce low-CI feedstocks, qualifying for the tax credits, while also adapting to future regulatory changes.
“At Scoular, we’re committed to developing the solutions our farmers need to thrive in the rapidly evolving sustainability landscape. Our partnership with CIBO Technologies allows us to stay ahead of regulatory changes and build a data-driven foundation for regenerative agriculture. This collaboration allows us to prepare for 45z now and adapt the final program to meet the needs of our biofuel customers once the framework is finalized.”
A key benefit of this partnership is the development of CIBO Impact, which enables Scoular to quantify and monetize the positive environmental outcomes of regenerative farming. Scoular will use the platform to design new programs and measure the benefits of their sustainability initiatives, staying ahead of regulatory developments.
“Since day one, CIBO has set out to support sustainability innovators, meeting them where they are in their journey and working with them to create meaningful impacts. As an industry leader, Scoular recognizes that now is the time to take action, and while the wider impacts of 45Z remain uncertain, our partnership is all about staying ahead of the curve.”
With this collaboration, both companies are positioning themselves as leaders in the transition to low-carbon, sustainable biofuels, ensuring that the agricultural sector is ready to meet the growing demand for environmentally responsible energy solutions.