by Jeff Nalley (Agri-Pulse) This week’s Open Mic guest is Michael McAdams, President of the Advanced Biofuels Association. After an extensive career serving on Capitol Hill, McAdams founded the ABFA in 2006. The group represents all aspects of the advanced biofuels
40B Sustainable Aviation Fuel Tax Credit
Back TO HOMEFuel Groups Warn of Higher Prices without Tax Credit Certainty
by Kim Chipman and Tarso Veloso (Bloomberg) More than 30 trade groups across the energy, farming and transport sectors say a lack of US government guidance on tax credits is putting Americans at risk of higher fuel prices. The current
November 13, 2024 Read Full Article
MN Bio-Fuels Moderates Panel at SAF Conference
(Minnesota Bio-Fuels Association) Minnesota Bio-Fuels Association (MN Bio-Fuels) executive director, Brian Werner, was a moderator on a panel at the recent Sustainable Aviation Futures conference in Houston on Oct 3.Titled, “Carbon Accounting, Lifecycle Analysis and Favored Feedstocks,” the panel featured Shawn
November 04, 2024 Read Full Article
Calculating Paths to Cleaner Corn
by Sue Retka Schill (Ethanol Producer Magazine) ... Impressive 45Z tax credit incentives promise to reward ethanol producers who succeed in driving their CI below the qualifying threshold in the Inflation Reduction Act. The incentives are potentially even greater for those who
October 24, 2024 Read Full Article
Going for Gold: American Coalition for Ethanol’s 2024 Conference
by Katie Schroeder (Ethanol Producer Magazine) The American Coalition for Ethanol’s 2024 conference, themed “The Gold Standard,” featured important figures with industry impact, including representatives from Summit Carbon Solutions and the U.S. Department of Agriculture. Held in Omaha, Nebraska, this year’s
October 24, 2024 Read Full Article
Treasury, IRS Issue Guidance for the Sustainable Aviation Fuel Credit (40B)
(Internal Revenue Service) The Treasury Department and Internal Revenue Service today issued Notice 2024-74 PDF for the Sustainable Aviation Fuel (SAF) credit created by the Inflation Reduction Act. The SAF credit ranges from $1.25 to $1.75 for each gallon of sustainable aviation fuel in a
October 21, 2024 Read Full Article
Sustainable Aviation Fuel: According to Plan
by Anna Simet (Biomass Magazine) Doubling in attendance from its debut in 2023, the North American SAF Conference & Expo drew over 500 industry stakeholders to discuss progress and double down on initiatives to reach the near- and long-term goals of
October 15, 2024 Read Full Article
Daybreak Oct. 8: White House Hosts Farm Groups, Ag Leaders
by Lydia Johnson, Steve Davies, Noah Wicks, and Rebekah Alvey (Agri-Pulse) USDA and the White House will host selected farm groups for meetings today (October 8, 2024) with government officials to discuss the Biden administration’s key ag and rural investments. The “Farmers
October 09, 2024 Read Full Article
First-District Congressman Visits One of the First Dry Mill Ethanol Plants Built in Minnesota, Views the Ethanol Industry’s History and Future
(Minnesota Bio-Fuels Association) -- Rep. Brad Finstad visited Minnesota Bio-Fuels Association (MN Bio-Fuels) Producer Member, Greenfield Global Winnebago, on Sept 4 to see the investments being made into one of the first dry mill ethanol plants built in Minnesota and
October 02, 2024 Read Full Article
Why Is It Taking So Long to Get the Necessary Guidance on the 45Z Tax Credit Program?
•by Jim Wiesemeyer (AgWeb) ... There are a few key reasons why guidance on the 45Z clean fuel production tax credit program is taking a long time to be issued: • Complexity of the program: The 45Z credit is a new, technology-neutral credit based
September 24, 2024 Read Full Article
Ag Policy Blog: Reforming Climate Models: Leveling the Playing Field for American Agriculture
by Chris Clayton (DTN Progressive Farmer) Seth Meyer, USDA's chief economist, explained Monday at an agricultural outlook conference in Kansas City, Missouri, that he didn't want to get too deep into the weeds, but he told the audience of agribusiness leaders
September 23, 2024 Read Full Article
Minnesota SAF Hub Building Blend Plant: Minnesota Eyes 2025 for Completion of Sustainable Aviation Fuel Blending Plant
by Todd Neeley (DTN Progressive Farmer) It has been just one year since the formation of a partnership to create what is the nation's first large-scale sustainable aviation fuel value chain in Minnesota, and a Delta Airlines representative said on Monday
September 18, 2024 Read Full Article
RFA Urges California to Adopt E15, Drop Unneeded LCFS Feedstock Tracking Requirements --- Hearing Scheduled for November 8, 2024
(Renewable Fuels Association) The Renewable Fuels Association late yesterday called on California to allow the lower-cost, lower-carbon E15 fuel blend, containing 15 percent ethanol, as part of its efforts to enhance the state’s Low Carbon Fuel Standard. “E15 is a critical near-term
August 28, 2024 Read Full Article
Neste Provides Sustainable Aviation Fuel to United Airlines for Use at Chicago O’Hare International Airport in the U.S.
(Neste) Neste will provide up to 1 million gallons (3,000 metric tons) of Neste MY Sustainable Aviation Fuel™ to United Airlines for use at Chicago O’Hare International Airport (ORD) in the U.S. through the end of 2024. This expansion of the existing
August 01, 2024 Read Full Article
AFB seeks to Protect Domestic Biofuels Feedstock Market
by Mark Magnuson (KXEL) The American Farm Bureau says that it wants a better tax deal for U.S. biofuel feedstocks and does not intend to keep out alternative or competing fuels from foreign producers. AFB and other farm groups recently called for
July 29, 2024 Read Full Article
Valero Sees Policy Tailwinds for Renewable Diesel, SAF Operations — OPIS
(Oil Price Information Service/Morningstar) With a U.S. presidential election on the horizon, and potential changes to federal and state-level biofuel credit schemes looming, Valero executives on Thursday said they see "a lot of tailwinds" for its renewable diesel and sustainable aviation
July 26, 2024 Read Full Article
USDA Gets Climate Smart Farming Feedback
by Cindy Zimmerman (Energy.AgWired.com) The U.S. Department of Agriculture received lots of input from biofuels groups this week on how to prove the impact of climate-smart farming practices on the greenhouse gas (GHG) net emissions estimates associated with the production of
July 26, 2024 Read Full Article
RFA to USDA: Embrace Book-and-Claim Accounting for Climate Smart Agriculture Feedstocks
(Renewable Fuels Association) The Renewable Fuels Association today submitted comments urging the U.S. Department of Agriculture to implement the use of a “book-and-claim” accounting framework for tracking and transferring the greenhouse gas benefits of climate-smart agriculture (CSA) practices through the biofuels supply chain. The comments
July 26, 2024 Read Full Article
Will Airlines Meet Their 2050 Net-Zero Emissions Goal?
by Helen Massy-Beresford and Graham Warwick (Aviation Week) ... SAF can cost 3-5 times as much as standard kerosene and accounts for around 0.5% of global fuel usage. In Europe, ReFuelEU mandates are set to come into force Jan. 1, 2025, but
July 25, 2024 Read Full Article
Giving Lift To 45Z: Climate Smart Farming and the GREET Model
by Katie Schroeder (Ethanol Producer Magazine) ... The industry waited for not months, but years to get an answer to that question, finally receiving direction in the 40BSAF-GREET 2024 model, released at the end of April. In an exclusive podcast interview with
July 19, 2024 Read Full Article
Opinion: Collaboration with Farmers Is Essential to Building America’s Sustainable Aviation Fuel Market
by Mitchell Hora (Continuum Ag/Americans for Clean Aviation Fuels/Agri-Pulse) American farmers are ready to make the United States the world’s leading producer of sustainable aviation fuel, which currently represents the most promising pathway to achieving net zero carbon emissions in aviation.
July 19, 2024 Read Full Article
AFBF: Clean Fuel Tax Credits Out of Reach for Many Farmers
(American Farm Bureau Federation/Morning AgClips) Shortcomings in recent provisions could put the benefits out of reach for many farmers in the U.S. -- Sustainable aviation fuel and clean fuel production tax credits have the potential to benefit farmers while lowering America’s carbon
July 18, 2024 Read Full Article
Sustainable Aviation Fuel Could Help Clear the Air, Former Kansas Senator Says | Opinion
by Pat Roberts (Wichita Eagle/Americans for Clean Aviation Fuels) ... Unfortunately, SAF represents less than one percent of the current market and costs two to four times more than traditional jet fuel. To tackle this challenge, the 2022 Inflation Reduction Act
July 15, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to the State of Renewable Diesel and DME
by Jim Lane (Biofuels Digest) This week on ABLC CONNECT, we networked and exchanged information about the world of Renewable Diesel and rDME, and as part of the proceedings, we had the State of Renewable Diesel and rDME presentation. The slides
June 25, 2024 Read Full Article
A Look at 40B and 45Z Credits for Soy-Based Biofuels
(Pro Farmer/AgWeb) American Soybean Association (ASA) Chief Economist Scott Gerlt provided the following highlights: The 40B credit is available for 2023 and 2024. The program offers up to $1.75 per gallon for sustainable aviation fuel (SAF) with a carbon intensity (CI) reduction
June 10, 2024 Read Full Article
Groups Urge Treasury to Promptly Complete §45Z Clean Fuels Production Credit Guidance
(Clean Fuels Alliance America) Today (May 15, 2024), 25 trade associations representing producers, feedstock providers, blenders, consumers, and retailers of low-carbon, renewable fuels sent a letter to Treasury Secretary Janet Yellen, urging Treasury to finalize and publish guidance for the §45Z Clean
May 15, 2024 Read Full Article
Farmers and 45Z Tax Credit: 45Z Tax Credit Offers a Market for Ag and Carbon Scores, Demands Data and Trust
by Chris Clayton (DTN Progressive Farmer) Farmers are still planting their 2024 spring crops, but their local biofuel plants are going to be increasingly focused on the carbon intensity score of those crops as well. The initial Treasury Department guidance for the
May 14, 2024 Read Full Article
The Case for E-fuels Use in Aviation
by Pete Rocha (LEC Partners/Biofuels Digest) The aviation industry produces 2-3% of all CO2 emissions globally. This percentage will likely grow over time as the developing world becomes richer and the demand for air transportation increases. In the graphic below, we
May 06, 2024 Read Full Article
RFA Welcomes 40B Sustainable Aviation Fuel Guidance, But Says Additional Work Needed
(Renewable Fuels Association) The 40B tax credit guidance and modified GREET model released today by U.S. Treasury begin to unlock the door for U.S. ethanol producers and farmers to participate in the emerging market for sustainable aviation fuels (SAF). However, more work
April 30, 2024 Read Full Article
Biden Administration to Release Low-Carbon Aviation Fuel Tax Credit Model on Tuesday - Sources
by Jarrett Renshaw and Stephanie Kelly (Reuters) The Biden administration is expected to release a climate model for its sustainable aviation fuel (SAF) subsidy program on Tuesday, two sources familiar with the matter said. The rule will dictate how ethanol producers can
April 26, 2024 Read Full Article
RFA Urges SAF Interagency Working Group to Use a 30-Year Time Period for LUC Calculations
by Erin Voegele (Ethanol Producer Magazine) The Renewable Fuels association is urging federal officials to use a 30-year time frame to account for land use change (LUC) emissions as they work to complete the upcoming 40BSAF-GREET model, which will be used
April 03, 2024 Read Full Article
Pressing for GREET Model Update Details for SAF Tax Credits Delayed, But Will 'Send Right Signal,' Ag Secretary Says
by Chris Clayton (DTN Progressive Farmer) While groups are clamoring for certainty on how the Department of Treasury calculates tax credits for sustainable aviation fuel, Agriculture Secretary Tom Vilsack said the adjustments to the greenhouse gas model, or "GREET" model, won't
March 22, 2024 Read Full Article
Growth Energy CEO Spotlights Bioethanol’s Potential in Panel at CERAWeek
(Growth Energy) Yesterday (March 18, 2024), Growth Energy CEO Emily Skor joined global biofuel industry leaders on a panel at S&P Global’s CERAWeek to discuss the changing biofuels supply chain and the central role that American bioethanol will have in further decarbonizing the
March 20, 2024 Read Full Article
Ethanol Blog: Lawmakers Press Biden Administration to Fight Brazil Ethanol Tariff, Open Ag, Biofuels Trade
by Todd Neeley (DTN Progressive Farmer) With Brazil set to reconsider an ongoing tariff on U.S. ethanol imports a group of Republican lawmakers asked the Biden administration to be active in an upcoming public-comment period on the 16% tariff that is
March 20, 2024 Read Full Article
Biofuels M&A: 2023 Review & Outlook: A Thriving Industry, but Few M&A Deals
by Bruce Comer, Frank Kim, Zak Putlak, and John Panvica (Ocean Park/Biofuels Digest) The US biofuels sector in 2023 registered the flourishing of new technologies and billions in new investments – and an unprecedented low level of M&A activity: only two
February 13, 2024 Read Full Article
Hydrogen Rising: IRS Released Proposed Regulation to Section 45V of Internal Revenue Code Public Comments DEADLINE February 26, 2024 Public Hearing March 25, 2024
by John R. Kirkwood, Virginia M. Speck, Joshua L. Andrews, Aaron L. Szabo, Jason Deppen, Bryan Michael Allen (Biofuels Digest) In connection with the Inflation Reduction Act (IRA), on December 22, 2023, the Internal Revenue Service (IRS) released a Proposed Regulation related
January 31, 2024 Read Full Article
Growth Energy Outlines 2024 Federal Policy Priorities
(Growth Energy) Growth Energy, the nation’s largest biofuels trade association, published its 2024 federal policy priorities today. Organized into three categories, the agenda offers a roadmap toward a more vibrant, sustainable future characterized by lower fuel costs, lower greenhouse gas (GHG)
January 24, 2024 Read Full Article
As 40B GREET Deadline Looms, RFA Offers Recommendations for SAF Emissions Modeling
(Renewable Fuels Association) In a letter submitted to the Biden administration today, the Renewable Fuels Association laid out recommendations for ensuring that the best available science and data are used in determining eligibility for the sustainable aviation fuel (SAF) tax credit established in
January 16, 2024 Read Full Article
Fire! Open Letter to US Treasury, Energy Secretaries on Addressing the Threat of Forest Fire via the Bioeconomy
by Jim Lane (Biofuels Digest) ... Which brings us to the forest, because once we have stopped by the commodity exchanges where oilseeds, grains, and waste fats and oils are priced and traded, we discover right away that commodity prices are
December 11, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to the Impact of the Inflation Reduction Act
by Jim Lane (Biofuels Digest) IRA, everyone has heard about it — what does it mean? The IRA has been billed as the largest clean energy infrastructure investment in United States history. It allotted $370B to the development and promotion of
November 09, 2023 Read Full Article
Sustainable Aviation Fuel Industry Leaders Call on Biden Administration to Immediately Recognize Argonne GREET Model
(Renewable Fuels Association) As President Biden kicks off a series of events focused on rural investment, 70 industry leaders covering nearly the entire supply chain for Sustainable Aviation Fuel (SAF) – including major airlines – called on the Biden Administration to unleash progress in
November 01, 2023 Read Full Article
Pivoting Ethanol Industry to Stay Relevant
by Tom C. Doran (AgriNews) ... Illinois Corn recently hosted a series of meetings and a webinar that addressed “the crossroads of carbon and corn.” The theme focused on the importance of reducing the carbon footprint that would create new market opportunities
October 25, 2023 Read Full Article
The Policy Push behind Sustainable Aviation Fuel
By Timothy Eggert (FarmWeek Now) ... Attention and advocacy around sustainable aviation fuel (SAF), what (Department of Agriculture Secretary Tom) Vilsack frames as “the next generation” of liquid biofuels, has accelerated since 2016, with policymakers and industry stakeholders presenting it as
October 10, 2023 Read Full Article
Navigating the Financial Skyways: Financing SAF Projects in the US
by Todd Taylor (SAF Magazine/Avisen Legal) The pivot to SAF is not just a matter of overcoming technical and logistical roadblocks—it requires navigating an intricate financial labyrinth. ... Notably, equity and debt financing play pivotal roles in shaping the financial landscape of SAF
August 28, 2023 Read Full Article
MN Bio-Fuels Commends State Leadership for Supporting Agriculture's Role in Reducing Emissions in the Aviation Industry
(Minnesota Bio-Fuels Association) The Minnesota Bio-Fuels Association (MN Bio-Fuels) commends Minnesota Department of Agriculture Commissioner Thom Petersen for his leadership advocating for the participation of agriculture and biofuel producers in decarbonizing the aviation sector in a recent letter to U.S. Secretary of Agriculture
August 28, 2023 Read Full Article
Growth Energy Releases New Economic And Job Benefits Data On IRA’s One-Year Anniversary
(Growth Energy) Exclusive new research illustrates tremendous potential of 45Z tax credit, importance of LCA modeling -- Growth Energy, the nation’s largest biofuels trade association, marked the one-year anniversary of the Inflation Reduction Act (IRA) by releasing new data on the economic,
August 22, 2023 Read Full Article
SAF Modeling Debate Isn’t Really about “GREET vs. ICAO.” It’s about Current Data vs. Old Data.
by Geoff Cooper (Renewable Fuels Association) Last year’s Inflation Reduction Act created tax credits meant to stimulate the production and use of sustainable aviation fuel (SAF), a critical tool in the aviation sector’s decarbonization strategy. To qualify for the tax credits, SAF
August 22, 2023 Read Full Article
RFA to Treasury: Success of SAF Tax Credit Depends on Fair, Science-Based Lifecycle Analysis
(Renewable Fuels Association) The use of science-based, consistent and transparent lifecycle analysis methods will be crucially important in implementing the sustainable aviation fuel (SAF) tax credit under the Inflation Reduction Act, the Renewable Fuels Association said in comments submitted Friday to