by Jim Lane (Biofuels Digest) Who are the key bioeconomy players in the new Biden Administration? What recent moves by the outgoing Trump Administration and Congress will set their budget
Tag "45Q"
by Erin Voegele (Ethanol Producer Magazine) The U.S. Treasury Department and the Internal Revenue Service on Jan. 6 issued final regulations regarding the section 45Q tax credit for qualified carbon oxide sequestration. The
by Alex Tiller (Carbonvert Inc./Ethanol Producer Magazine) The road to qualifying for the 45Q tax credit can be confusing, with strict limitations on project phases and what constitutes start of
by Meghan Sapp (Biofuels Digest) In Washington, the chairman of the House Agriculture Committee announced the food and agriculture provisions of the latest COVID relief deal moving through the House and
by Dave Collings (1898 & Co./Burns & McDonnell) As developers, investors and plant operators explore options to increase production and market share of renewable fuels, the concept of carbon intensity (CI)
by Dave Collings (1898 & Co./Burns & McDonnell) For organizations looking to develop, construct and commission a new renewable diesel plant, it’s important to understand the various market conditions at play
by Erin Voegele (Ethanol Producer Magazine) Reps. David McKinley, R-W.V., and Marc Veasey, D-Texas, on Dec. 3 introduced the Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act.
by Dean Scott (Bloomberg Law) Growing interest in combining federal, state credits in low-carbon projects; Congress’ inaction on 45Q credit extension a worrying sign for new efforts — A mix of
by Jim Magill (Forbes) As industry leaders and policy makers increasingly confront the challenges of battling climate change triggered by an excess amount of carbon dioxide (CO₂) and other greenhouse gases
by Dino Grandoni with Alexandra Ellerbeck (Washington Post) Joe Biden said he wanted a “transition” away from the oil industry. But the oil industry itself thinks it can still work
by Maddie Biertempfel (KXNet) Midwest AgEnergy’s Blue Flint biorefinery in Underwood turns corn into ethanol, but that process’s byproduct, carbon dioxide, can be harmful to the environment. The energy company is
by Mike Newman (Parhelion Underwriting Inc./Biofuels Digest) Connecting people from renewable fuels companies with projects they want to finance to the people who can finance them was a key goal for
(Energy Market Price/S&P Global) ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to
(ADI Analytics) Interest in the energy transition is growing rapidly and investments are following that interest closely as well. In the past year, global oil and gas companies have announced major
by Jeremy Dillon (County 17/E&E News) The Senate Environment and Public Works Committee will head to Wyoming this week for a field hearing to analyze the state’s efforts on carbon capture
by Jim Lane (Biofuels Digest) Michael McAdams from Advanced Biofuels Association shared this short but illuminating slide guide at ABLC Digital last week to look at the big 2020 issues

The IRS and Treasury issued the long-awaited Proposed Regulations for the Section 45Q tax credit for carbon capture and sequestration on June 2nd. The Proposed Regulations provide guidance on key
(Midwest AgEnergy) Midwest AgEnergy Group (MAG), the parent company to ethanol biorefinery, Blue Flint, near Underwood, ND, announced today that they received a $3.4 million grant from the North Dakota Industrial
by Erin Voegele (Ethanol Producer Magazine) The Advanced Biofuels Business Council, Algae Biomass Organization, Biotechnology Innovation Organization, Growth Energy, National Biodiesel Board and Renewable Fuels Association sent a letter to the
by Kelsey Tamborrino (Politico’s Morning Energy) REPUBLICANS BACK BILL TO HELP OIL SECTOR: Texas Sen. John Cornyn introduced legislation on Tuesday to help the hard-hit oil sector during the coronavirus pandemic by reducing the royalty
by Luke Geiver (Ethanol Producer Magazine) Positioning into the low-carbon biofuels marketplace, ethanol producers are moving forward with sequestration strategies. A more lucrative federal tax credit, along with a reduced
(Global CCS Institute) The Global CCS Institute, an international think tank, has added 10 carbon capture and storage (CCS) facilities to its global database, bringing the total number of CCS facilities in various stages
by Kelsey Tamborrino (Politico’s Morning Energy) The IRS on Thursday released proposed rules for an expanded carbon capture and utilization tax credit, ending a more than two-year wait for the
by Roxby Hartley (EcoEngineers/Ethanol Producer Magazine) Carbon capture and sequestration (CCS) is receiving a lot of traction thanks to two exciting developments in 2018 and 2019: 1) California’s Low Carbon Fuel Standard
by Mike Newman (Parhelion Underwriting/Biofuels Digest) Carbon capture and sequestration (CCS) is an important strategy to reduce greenhouse gas (GHG) emissions and mitigate climate change. CCS is a process by which large amounts
by Shelley Schlender (VOA) … The tiny single-celled, plantlike organisms known as algae are more efficient than other organisms at converting sunlight and carbon dioxide into the raw materials needed
by Melody M. Bomgardner (Chemical & Engineering News) … The most effective policies, economists and industrialists agree, are those that put a price on carbon. Doing so with a tax
by Kelsey Tamborrino (Politico’s Morning Energy) Almost two years after Congress initially expanded a tax incentive for carbon capture and sequestration projects as part of its 2018 budget bill, the IRS
by Cácia Pimentel* (Advanced Biofuels USA) On February 15th the Center on Global Energy Policy (CGEP) Carbon Management Research Initiative and the Women in Energy program hosted a panel of experts to
by James Osborne (Houston Chronicle) Almost two years after Congress passed a law more than doubling tax credits for power and industrial plants that build systems to prevent carbon dioxide emissions,
by Amy R. Sisk (Bismarck Tribune) As a Richardton ethanol facility gears up to store its carbon emissions underground, the company that runs a coal-fired power plant north of Washburn
by Sam A. Rushing (Advanced Cryogenics/Biofuels Digest) … Food and beverage applications often account for 70% of all tonnage consumed in the merchant sector. There are also demands of a captive
by Philipp Stratmann (Velocys/Biofuels Digest) At this year’s ABLC Next Conference in San Francisco Velocys presented on the opportunity to produce negative emission fuels at our planned Bayou Fuels facility in
by Kelsey Tamborrino (Politico’s Morning Energy) New Jersey Sen. Bob Menendez called on the IRS’ watchdog to open an investigation into potentially fraudulent claims for the tax credit to capture
by Jim Lane (Biofuels Digest) In Mississippi, Velocys’ Bayou Fuels project has signed with Oxy Low Carbon Ventures to capture carbon dioxide from Velocys’ planned Bayou Fuels biomass-to-fuels project in
by Lisa Gibson (Ethanol Producer Magazine) Under new size specifications for the 45Q tax credit, almost all ethanol plants are eligible, said Jamey Cline, in business development for Christianson PLLP. With
(Hunton Andrews Kurth) The Department of Treasury (“Treasury”) and Internal Revenue Service (“IRS”) have released Notice 2019-32 (the “Notice”) seeking comment on key issues to be interpreted in the Section 45Q
by Helena Tavares Kennedy (Biofuels Digest) … What was a nationwide celebration and peaceful demonstrations for environmental reform in the U.S. by some estimated 20 million Americans, Earth Day events have now expanded
by Miranda Green (The Hill) A bipartisan group of senators introduced a bill Thursday to increase federal funding toward developing carbon capture technology while also committing to fossil fuel use. Introduced by
by Senator John Barrasso (R-WY) (Senate Committee on Environment and Public Works/OurEnergyPolicy) Read the entire piece and comment! Senator Barrasso’s staff will be monitoring the discussion, and OurEnergyPolicy.org will prepare a discussion
by Kelsey Tamborrino (Politico’s Morning Energy) The Trump administration is developing guidance to help companies qualify for a built-out tax credit for carbon capture, utilization and storage — a welcome
(Office of Congresswoman Cheri Bustos) Today (February 14, 2019), Congresswoman Cheri Bustos (IL-17) helped introduce the Utilizing Significant Emissions with Innovative Technologies (USE IT) Act. This bipartisan legislation would implement strategies that
(Algae Biomass Organization) ABO’s ongoing work in Washington, DC, to educate Congress and federal agencies on the importance of robust algae research, development and demonstration has resulted in the release of
Growth Energy to IRS: Ethanol Plants Ready to Capture More Carbon
(Growth Energy) Today, Growth Energy CEO Emily Skor submitted written comments on the Internal Revenue Service’s (IRS) proposed regulations under section 45Q, a performance-based tax credit for carbon capture projects. In her letter, Skor called on