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
biodiesel tax credit
Back TO HOMEFuel Retailers Applaud Dear Colleague Letter Urging Biodiesel Tax Credit Extension
(NATSO/PR Newswire) NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores (NACS), today applauded Representative Mike Carey (R-Ohio) for leading a Dear Colleague letter urging all Members of the House of Representatives
October 21, 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
Fuel Retailers Applaud House Legislation to Extend the Biodiesel Tax Credit
(Le Lézard) NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores (NACS), commended a bipartisan group of lawmakers for introducing the "Biodiesel Tax Credit Extension Act of 2024," which would
July 24, 2024 Read Full Article
Biofuel Tax Credit Claims Need More Scrutiny, Watchdog Says
by Erin Schilling (Bloomberg Tax) The IRS needs more authority to properly evaluate—and deny, if necessary—biofuel tax credit claims, an agency watchdog said in a new report. The Treasury Inspector General for Tax Administration evaluated biofuel tax claims and found 42 of the
April 30, 2024 Read Full Article
US Imports 2nd-Highest Volume of Biobased Diesel in History Last Year, Exports Hit 15-Year High
by Ron Kotrba (Biobased Diesel Daiy) The U.S. imported more than 863 million gallons of biobased diesel in 2023, the second-highest volume of combined biodiesel and renewable diesel imports on record, according to data from the U.S. Energy Information Administration compiled
March 12, 2024 Read Full Article
Biden's IRA Drives Surge in US Imports of Chinese Used Cooking Oil
by Andrew Hayley (Reuters) U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking oil, worth almost $390 million in the last 12 months and growing rapidly, China's customs data shows. China has
September 26, 2023 Read Full Article
US Renewable Diesel Production Capacity Surpasses Biodiesel Capacity in 2023
(U.S. Energy Information Administration/Biobased Diesel Daily) In January 2023, U.S. production capacity of renewable diesel and other biofuels reached 3 billion gallons per year, surpassing U.S. biodiesel production capacity for the first time. Rising targets for state and federal renewable fuel programs
September 12, 2023 Read Full Article
Inflation Reduction Act Boosts Renewable Energy and Biofuels Infrastructure
(Iowa Ag Connection) The Inflation Reduction Act (IRA) of 2022 brings significant financial incentives to rural communities, aiming to promote renewable energy production and the transition to sustainable energy sources. Under the bill, approximately $11 billion has been allocated for rural
June 16, 2023 Read Full Article
Nebraska Governor Signs Bill Promoting Use of Biodiesel
(Clean Fuels Alliance America) Legislation adds Nebraska to the growing list of Midwest states prioritizing home-grown fuels and adding value to their state's agriculture industry -- Gov. Jim Pillen (R-NE) signed into law legislation promoting the sale and use of
June 08, 2023 Read Full Article
Debt Ceiling Debate Draws in Biofuels
by Chris Clayton (DTN Progressive Farmer) Debt-Limit Bill Would Repeal Biofuel and Renewable Energy Tax Credits --The federal debt-limit bill dropped Wednesday by House Speaker Kevin McCarthy would repeal several tax credits for the biofuels industry, including tax credits for
April 21, 2023 Read Full Article
Renewable Diesel Production 'Booming' as National Availability Remains in Question
by Tom Quimby (Commercial Carrier Journal) Market forecast reports are indicating a large uptick in renewable diesel production in the U.S. as most of low-carbon fuel continues to be confined to California. The Department of Energy reported that renewable diesel production could
April 19, 2023 Read Full Article
Michigan Plant Rebirth Keeps Biodiesel Flowing
by Karen Potratz (Michigan Advanced Biofuels Coalition/Biobased Diesel Daily) Biodiesel producer W2Fuel joined the newly formed Michigan Advanced Biofuels Coalition to help advocate for blending incentives and encourage in-state use of its clean-burning fuel. ... Previous owners built the Adrian facility in
February 28, 2023 Read Full Article
Domestic Renewable Diesel Capacity Could More than Double through 2025
by Jimmy Troderman and Estella Shi (U.S. Energy Information Administration) U.S. production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start
February 02, 2023 Read Full Article
Summary: Clean Fuels Alliance Foundation 2022 Congressional Tours
(Clean Fuels Alliance Foundation) In 2022 Clean Fuels Foundation hosted or supported three Congressional Tours. The first was in New York City, second in Iowa, and the third in California. Between the three tours the Foundation was able to show almost
October 01, 2022 Read Full Article
Report: Design of RFS Limits Incentives for E85
(Agricultural & Applied Economics Association/Ethanol Producer Magazine) The nested design of the Renewable Fuel Standard is limiting incentives for blenders to sell higher blends of ethanol (E85) and has instead resulted in increasing blending of biodiesel to comply with the RFS.
September 29, 2022 Read Full Article
Design of the Renewable Fuel Standard Implicated in Leading to the Ethanol Blend Wall
(Agricultural and Applied Economics Association/CISION) The nested design of the Renewable Fuel Standard (RFS) is limiting incentives for blenders to sell higher blends of ethanol (E85) and has instead resulted in increasing blending of biodiesel to comply with the RFS. The
September 20, 2022 Read Full Article
Quick Summary of Sustainable Aviation Fuels (SAF) Provisions in Inflation Reduction Act
by Joanne Ivancic* (Advanced Biofuels USA) In the recently signed Inflation Reduction Act, you can find a number of items that involve sustainable aviation fuels (SFA), particularly the tax credit and transition to a carbon credit. Thanks to notes about
September 08, 2022 Read Full Article
Biodiesel Magazine Podcast: Landmark Inflation Reduction Act: Biodiesel, Renewable Diesel and SAF
(Biodiesel Magazine) This week's Biodiesel Magazine podcast features, Paul Winters, Director of Public Affairs and Federal Communications, Clean Fuels Alliance America Interview by Anna Simet, editor of Biomass Magazine. READ MORE Biomass Magazine's Podcast Series: The Landmark Inflation Reduction Act: Biomass-based
August 29, 2022 Read Full Article
Podcast: The Landmark Inflation Reduction Act: What’s in it for Biomass-based Diesel?
(Biomass Magazine) The Landmark Inflation Reduction Act: What’s in it for Biomass-based Diesel? Featuring Paul Winters, Director of Public Affairs and Federal Communications, Clean Fuels Alliance America, Interviewed by Anna Simet, editor of Biomass Magazine. LISTEN
August 25, 2022 Read Full Article
Biden Signs New SAF, Hydrogen, Clean Fuel Tax Credits into Law
by Erin Voegele (Ethanol Producer Magazine) President Joe Biden on Aug. 16 signed the Inflation Reduction Act into law, calling the legislation the “biggest step forward in climate—ever” and stressing it will allow the U.S. to boldly take addition steps towards
August 17, 2022 Read Full Article
Celebrating International Biodiesel and Biofuel Day! August 10, 2022
Celebrate International Biodiesel Day by learning more about this remarkable renewable fuel. Click here. Check out this webinar: https://advancedbiofuelsusa.info/celebrating-international-biodiesel-day-august-10-2022-online/ Learn how a 100% biodiesel school bus compares to an electric one: Case Study of Proposal for 100% Biodiesel School Buses by Ahmed Abdellah* (Advanced
August 04, 2022 Read Full Article
Manchin, Schumer Cut Deal on Climate Spending, Including Farm Bill Funds
by Philip Brasher (Agri-Pulse) Senate Majority Leader Chuck Schumer announced an agreement with Sen. Joe Manchin on a narrow reconciliation bill that would provide $369 billion in climate-related provisions, including more than $20 billion for farm bill conservation assistance and additional incentives
July 28, 2022 Read Full Article
Leftovers Pile up for Year-End Tax Bill Menu
by Laura Weiss (The Hill) There's bipartisan interest in certain tax, trade provisions left out of budget, competitiveness bills -- Tax credits for increasing home energy efficiency, building energy-efficient new homes, hydrogen-fueled vehicles, electric motorcycles, biofuel and alternative fuels like hydrogen
July 26, 2022 Read Full Article
Federal Biodiesel Blending Tax Incentive Set to Expire
by Will Robinson (Brownfield Ag News) The U.S. biodiesel blending tax incentive is set to expire after this year which could lower blending volumes if not extended. Illinois Soybean Association board member Ron Kindred tells Brownfield the federal biodiesel incentive provides an
July 25, 2022 Read Full Article
Biobased Diesel by the Numbers
by John Campbell (Biobased Diesel Daily/Ocean Park) Renewable diesel and biodiesel production capacity may soon exceed domestic feedstock availability and demand, but this doesn’t mean a crisis is looming. While electric vehicles (EVs) make headlines, the renewable fuels industry offers a
July 18, 2022 Read Full Article
Fuels Institute Explores Carbon Benefits of Biofuels
(NACS) The white paper will help spark conversation on finding an answer to reducing emissions from all vehicles. -- The Fuels Institute has published a new white paper that explores the carbon benefits of using biofuels, according to a news release. The
June 15, 2022 Read Full Article
Groups Send Letter to Congress Highlighting Oilheat Industry Policy Priorities
by Ron Kotrba (Biobased Diesel Daily) A number of organizations, including state energy associations and Clean Fuels Alliance America, sent a letter to federal policymakers May 12 highlighting several policy priorities for the heating oil industry. The industry is pursuing goals for
May 17, 2022 Read Full Article
Grassley and Ernst Call on Biden to Unleash Iowa Biofuel Immediately as Gas Prices Hit Record High, U.S. Bans Russian Oil
(Office of Senator Chuck Grassley (R-IA)) Iowa senators introduce bipartisan legislation to open up the use of clean, American-made renewable fuels that are available right now to replace banned Russian oil -- As gas prices hit all-time record highs, Sens. Chuck Grassley
March 09, 2022 Read Full Article
Behind the Hot Year for Biofuels M&A: 2021 Review and Outlook
by Bruce Comer, Frank Kim and Zak Putlak (Ocean Park/Biofuels Digest) As ethanol producers pursued mergers and acquisitions, and renewable diesel firms built and expanded plants, the biofuels industry increasingly focused on securing feedstocks. Producers seeking to consolidate, optimize or sell
February 11, 2022 Read Full Article
Animal, Vegetable or Mineral (Oil)? Exploring the Potential Impacts of New Renewable Diesel Capacity on Oil and Fat Markets in the United States
by Chris Malins and Cato Sandford (International Council on Clean Transportation) This report provides an overview of the U.S. renewable diesel market and explores the potential market and environmental impacts of increased renewable diesel capacity. The United States currently supports renewable diesel
January 19, 2022 Read Full Article
Ambitious 'Biofuel America' Plan Faces Overhaul in 2022
by Chuck Abbott (Successful Farming) During the ethanol boom of the early 2000s, Congress set an ambitious target of quadrupling the amount of renewable fuel mixed into gasoline for America’s cars and pickup trucks. But while corn ethanol has lived up
December 20, 2021 Read Full Article
NBB Releases Study on Benefits of the Biodiesel Tax Incentive
(National Biodiesel Board) Economic and environmental benefits exceed $6 per gallon of biodiesel -- The National Biodiesel Board (NBB) welcomed the release of a new report, "The Economic Benefits of the Biodiesel Blenders' Credit," from Capital Policy Analytics. The report calculates
December 17, 2021 Read Full Article
Trucking, Airlines Divided over Biofuel Tax Incentives that Could Bolster Feedstock Demand
by Philip Brasher (Agri-Pulse) The biofuel tax incentives in President Joe Biden’s Build Back Better bill could insure a growing market for soybean oil and other farm commodities, but the trucking industry worries the subsidies will kick off a war
December 09, 2021 Read Full Article
CHS : Growing a Renewable Diesel Revolution
(Market Screener) As the United States focuses on tackling climate change, the energy market is seen as a key part of the solution. While federal policy and funding is focused on electric vehicles, a quieter potential answer is emerging: the growing
December 09, 2021 Read Full Article
Climate Bill Rekindles Debate over Biodiesel Tax Breaks
by Marc Heller (E&E News) Thirteen years ago, Congress decided a tax credit for companies that blend biodiesel shouldn’t go to refineries that put just a drop of the alternative fuel’s main ingredient — crops, animal fat and other organic material
December 08, 2021 Read Full Article
5 Tips to Prove You Fleet's Sustainability during Bid Season
(Renewable Energy Group) As we enter Q4 and another calendar year draws near, many fleets are about to enter what’s known as the "bid season." With private and public sector organizations putting a growing importance on making environmentally responsible decisions,
November 29, 2021 Read Full Article
Axne Touts Biofuel Incentives: Congressman Cindy Axne Touted Tuesday How Agriculture Can Benefit in the Latest Federal Bill Proposed by Democrats Set to Be Debated Next Week.
by Jennifer Nichols (Atlantic News Telegraph) ... (Congressman Cindy) Axne, along with USDA’s Under Secretary of Agriculture for Rural Development Xochitl Torres Small visited Elite Octane Tuesday morning, and said the bill includes $2 billion for the Rural Energy for
November 10, 2021 Read Full Article
Carbon Zero One: The Digest’s Multi-Slide Guide to Aemetis
by Jim Lane (Biofuels Digest) Aemetis has transitioned a set of first-generation biofuels assets into an advanced, integrated energy platform for fuels, feed, power, heat and more — branching from ethanol and biodiesel into high-value protein, RNG and jet fuel
November 10, 2021 Read Full Article
Heard on the Floor at ABLC 2021 – October 28
by Jim Lane (Biofuels Digest) ABLC 2021 continues today with its theme of ““building a bridge to Net Zero” after a flurry of announcements buzzed around the floor yesterday, as the 560 delegates grappled with the immense opportunities and supply chain
October 30, 2021 Read Full Article
SfL Commends BBBA’s Acknowledgement of Ag Leadership in Environmental Stewardship
(Solutions from the Land) Solutions from the Land applauds the inclusion of much needed agricultural climate action investments in the $1.75-trillion Build Back Better Act (BBBA) spending and tax framework introduced Thursday that would increase investments in climate smart agriculture
October 29, 2021 Read Full Article
Opinion: Why I’ve Fought for Biofuels through Congress’ Infrastructure Debate
by Rep. Cindy Axne (D-IA 3rd) (Agri-Pulse) ... Starting this spring, I made it my mission to help members of the Biden Administration, the Senate, and my own colleagues in the House understand the key advantages of biofuels – from
September 24, 2021 Read Full Article
The Tax Route ... House Panel to Mark up Green Tax Package ... The Draft Bill Is Subject to Amendment
by Matthew Choi and Kelsey Tamborrino (Politico's Morning Energy) ... The draft bill is subject to amendment and already agriculture and biofuels groups are sounding the alarm on language that would provide a tax credit for sustainable aviation fuel that
September 14, 2021 Read Full Article
Klobuchar, Colleagues Urge Schumer, Pelosi to Support Homegrown Renewable Fuels in Reconciliation Package
(Office of Amy Klobuchar (D-MN)) U.S. Senators Amy Klobuchar (D-MN), Tammy Duckworth (D-IL), Tammy Baldwin (D-WI), Tina Smith (D-MN), and Dick Durbin (D-IL) and Representatives Cindy Axne (D-IA), Angie Craig (D-MN), Cheri Bustos (D-IL), and Mark Pocan (D-WI) sent a letter
September 03, 2021 Read Full Article
The Oil Industry’s Bright Green Energy Future
by Mike Newman (Parhelion Underwriting) The Oil industry is under pressure on many fronts in the climate change era and faces an existential threat from alternative, renewable sources of energy – but the industry is also best-positioned to win the
September 01, 2021 Read Full Article
Axne Wants More Biofuels, Broadband Funding in Infrastructure Compromise
by Katie Akin (Iowa Capital Dispatch) U.S. Rep. Cindy Axne said Tuesday that passing an infrastructure proposal without biofuels funding would be “short-sighted.” A bipartisan group of senators came to a compromise proposal last week on a $1.2 trillion infrastructure proposal.
August 04, 2021 Read Full Article
US Renewable Diesel Capacity Projected to Hit 5.1 Billion Gallons per Year by 2024
by Ron Kotrba (Biobased Diesel Daily) Renewable diesel production capacity in the United States is forecast to grow from 600 million gallons per year (gpy) at the end of 2020 to 5.1 billion gpy by 2024, according to the U.S. Energy
July 27, 2021 Read Full Article
Rep. Axne Proposes Bipartisan Tax Credit to Expand Use of Low-Carbon Renewable Fuels, Incentivize Higher Blends of Biofuel
(Office of Rep. Cindy Axne (R-IA-03) The Low Carbon Biofuel Credit Act was introduced today with Rep. Adrian Smith, Senators Klobuchar and Thune -- Today, Rep. Cindy Axne (IA-03) introduced bipartisan, bicameral legislation to expand the use of low-carbon renewable
July 02, 2021 Read Full Article
Valadao Helps Introduce Bill to Extend Federal Tax Credits on Biodiesel, Renewable Fuels
by John Cox (Bakersfield.com) Legislation introduced Tuesday by congressmen including Rep. David Valadao, R-Hanford, would extend federal tax credits supporting the production of biodiesel and other renewable fuels seen as key to Kern's economic diversification push. The bill, dubbed the Biodiesel,
May 20, 2021 Read Full Article
REGI INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Renewable Energy Group, Inc.
(Bernstein Liebhard/Globe Newswire) Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Renewable Energy Group, Inc. (“Renewable Energy ”
March 04, 2021 Read Full Article
GREEN Act Includes Biofuel, Bioenergy Tax Extenders
by Erin Voegele (Ethanol Producer Magazine) Mike Thompson, D-Calif., chairman of the House Ways and Means Subcommittee on Select Revenue Measures, on Feb. 5 announced the introduction of the Growing Renewable Energy and Efficiency Now (GREEN) Act, which includes several tax
February 12, 2021 Read Full Article
A Muted Year for Biofuels M&A Activity: 2020 Review and Outlook
by Bruce Comer and Frank Kim (Ocean Park Advisors/Biofuels Digest) COVID-19 further plagues the already challenged North American biofuels M&A market, while capital investments thrive. -- Biofuels merger and acquisition (M&A) activity in North America remained sluggish in 2020. For
January 21, 2021 Read Full Article
Renewable Diesel's Rising Tide
by Tom Bryan (Biodiesel Magazine) An update on U.S. renewable diesel projects—operational, expanding, under construction and proposed—giving new purpose to aging oil refineries. The report represents a transformative volume of nearly 5.5 billion gallons of new or potential capacity. The appeal
January 19, 2021 Read Full Article
The Big, Big Package: What’s under the Christmas Tree for the Bioeconomy, in the $1.4T New Spending Bill?
by Jim Lane (Biofuels Digest) The $1.4 trillion spending package includes appropriation for Fiscal Year 2021, the COVID stimulus package, extensions of popular tax credits that otherwise expired on December 31st, and the Energy Act of 2020, a $35B version
December 23, 2020 Read Full Article
Ag Retailers: Zero-Emission Truck Plan Could ‘Devastate’ Agriculture
by John Gallagher (Freight Waves) Ag retailers: Zero-emission truck plan could ‘devastate’ agriculture -- An environmental policy promoted by Democratic lawmakers to effectively ban internal combustion engines (ICEs) for heavy-duty trucks by 2040 would be a major economic blow to agribusiness
November 17, 2020 Read Full Article
The Case for Climate Action: Building a Clean Economy for the American People
(Senate Democrats' Special Committee on the Climate Crisis) ... In the near term, we must continue to significantly grow solar and wind energy, energy storage, and electric vehicles while conducting more research into new technologies, advanced biofuels, and smaller and
August 31, 2020 Read Full Article
Climate Crisis Staff Report Aims to Build Back a Cleaner, More Resilient Aviation Sector
by Jeff Overton (Environmental and Energy Study Institute) On June 30, the House Select Committee on the Climate Crisis released its staff report, Solving the Climate Crisis: The Congressional Action Plan for a Clean Energy Economy and a Healthy, Resilient, and Just
August 05, 2020 Read Full Article
Biofuel Groups Urge Congress to Extend Tax Biofuel Credits
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 House Ways and Means Committee on June 19 expressing support
June 26, 2020 Read Full Article
Our Vision for 2020 and Beyond
by Donnell Rehagen (National Biodiesel Board/Biodiesel Magazine) National Biodiesel Board CEO Donnell Rehagen discusses policy achievements of 2019, highlights from the 2020 National Biodiesel Conference & Expo, and challenges that lie ahead -- ...Biodiesel, renewable diesel, and renewable jet fuel
April 15, 2020 Read Full Article
Article: How COVID-19 Will Affect Global Biofuels Demand
(IHS Markit/FO Licht) There is also early evidence that as restrictions have been lifted in China, more people there are preferring to travel by private cars or taxis rather than taking public transport—it is highly likely this will happen in
April 07, 2020 Read Full Article
World Energy Doubles Down on Biodiesel Amid Coronavirus Pandemic
by Ron Kotrba (Biodiesel Magazine) “In our space, on a myopic level, we are so used to getting battered around, we’ll get through this too—but on a broader level the dynamics in which we operate will be substantially different,” said Gene
April 07, 2020 Read Full Article
Biofuels Industry Tackling Challenges
by Susan Reidy (World-Grain.com) Despite a challenging environment, the global biofuels industry is holding steady and driving ahead with new policies, innovations and legislation to promote more robust growth in the future. In the EU, 2020 marks the deadline for certain greenhouse
March 30, 2020 Read Full Article
Where’s Biodiesel At? Fuel Specs, Legislative Impacts, Fleet Support and more: The Digest’s 2020 Multi-Slide Guide to the National Biodiesel Board’s Biodiesel Industry – Part 3
by Jim Lane (Biofuels Digest) Check out Part 3 of the National Biodiesel Board’s slide guide that delves into ASTM fuel specifications for biodiesel and fuel quality, biodiesel standards like BQ-9000, legislative updates impacting biodiesel demand and state policies, latest
March 27, 2020 Read Full Article
Despite Tough Times, Study Finds Ethanol and Biodiesel Production Continues to Power Iowa's Economy
(Iowa Renewable Fuels Association) Economic benefits hampered by RFS exemptions -- Today (March 11, 2020) a new study finds despite challenges, Iowa biofuel production continues to have a significant impact on Iowa’s economy, supporting over 48,000 jobs and more than $2.4
March 13, 2020 Read Full Article
Restored Biodiesel Blender Credit Boosts TravelCenters Of America Q4 Profits
by Alan Adler (Freight Waves) ... TravelCenters of America Inc. (NASDAQ: TA) reported higher fourth-quarter net income Tuesday from the restoration of the federal biodiesel blending tax credit and selling 5.3% more diesel fuel and gasoline. ... The blender’s credit,
March 04, 2020 Read Full Article
Limited Biofuels M&A Activity in 2019, Stage Set for Potentially Busy 2020
by Bruce Comer (Ocean Park/Biofuels Digest) Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four operating biodiesel, ethanol and advanced biofuels plants were sold during the year. These four acquired plants were relatively small with
February 19, 2020 Read Full Article
Reforming Renewable Fuel Standard Major Task for NATSO
by Alan Adler (Freight Waves) Waivers of blending rules for small refineries drive up pump price of renewable fuels. -- NATSO, the trade group for highway travel center operators, is trying to preserve subsidies for biodiesel that let members profitably
February 11, 2020 Read Full Article
Policy Swings Shutter Iowa's Biodiesel Plants
by Marc Heller (E&E News) Fifteen years ago, farmers produced so much soybean oil they couldn't figure out what to with it all. It was good for cooking and salad dressing — and not much more. "We were throwing it away," recalled
February 07, 2020 Read Full Article
Industry Veterans Introduce BTC Bridge Loan Funding for Biodiesel Producers
(Rock House Advisors/EIN Presswire) Joe Jobe, President and Founder of Rock House Advisors, and Peter Behrle, Managing Director of PB Renewables, LLC are pleased to announce biodiesel tax credit (BTC) bridge loan funding for biodiesel producers. Jobe and Behrle are
February 03, 2020 Read Full Article
Biodiesel Plant Reopens Thanks to Biodiesel Blenders Tax Credit
by Marjorie Kulba (Farm Journal's Ag Pro) An Iowa biodiesel plant is reopening after it shut down late last year. The Western Dubuque Biodiesel plant in Farley, Iowa started up production at the plant last week after shutting down for most of December
January 29, 2020 Read Full Article
IRS Publishes Guidance on Claiming 2018-’19 Biodiesel Tax Credit
by Ron Kotrba (Biodiesel Magazine) The Internal Revenue Service published guidance Jan. 15 for companies seeking to claim the biodiesel and renewable diesel tax credit for 2018 and 2019. The $1 per gallon tax credit expired Jan. 1, 2018, and remained expired until Dec.
January 22, 2020 Read Full Article
Heard on the Floor: Alleluias and Vision 2020 at the National Biodiesel Conference
by Jim Lane (Biofuels Digest) ... They have been three years in the valley of the shadow of Death, and have emerged on the other side with huge wins in recent weeks on tax credits, progress on Argentine and China
January 22, 2020 Read Full Article
A Vision for Biodiesel
by Donnell Rehagen (National Biodiesel Board/Biodiesel Magazine) ... NBB undertook a formal strategic planning process in the second half of 2019 to ask the tough questions, define the challenges and opportunities, and to lay out a roadmap to achieving those
January 13, 2020 Read Full Article
2020 Biodiesel Plant Map Reflections
by Ron Kotrba (Biodiesel Magazine) Biodiesel Magazine highlights industry changes as discovered during the 2020 U.S. & Canada Biodiesel Plant Map data collection efforts. ... Naturally, one recurring theme that kept rearing its ugly head was the toll that the
January 09, 2020 Read Full Article
Coming Full Circle
by Ron Kotrba (Biodiesel Magazine) Celebrating 25 years, the Hawaii-based company that has built biodiesel plants across the U.S. and Japan has gone back to its roots, focusing on sustainability and local energy independence for the archipelago. ... Once a process technology-focused
January 09, 2020 Read Full Article
The Bioeconomy Christmas: Uncle Sam puts $12B+ for Biomass-Based Diesel, Action on Biointermediates, Cellulosics, and Small Refinery Waivers into the Stocking This Year
by Jim Lane (Biofuels Digest) This week, Congressional leaders announced a five-year extension of the biomass-based diesel tax credit as part of a year-end tax extenders package. As Christmas gifts go, the importance and value of this to the biomass-based diesel
December 20, 2019 Read Full Article
Spending Bills Sent to Senate ... Included in the Deal Is a Year-End Compromise on Tax Extenders
by Kelsey Tamborrino (Politico's Morning Energy) ON TO THE SENATE: The House passed the $1.4 trillion spending deal on Tuesday that would give federal agencies $49 billion in extra cash this fiscal year and avert a government shutdown ahead of
December 18, 2019 Read Full Article
Trade Association Leaders Plead for Congress to Act on Tax Extenders
(Ohio's Country Journal) Executives from 11 national trade associations sent a letter to House and Senate leaders, highlighting the urgent need for Congress to extend the expired biodiesel tax incentive before the end of the year. The association executives state in the
December 11, 2019 Read Full Article
Rep. Escobar to Visit Rio Valley Biofuels Plant in El Paso, Texas
by Ron Kotrba (Biodiesel Magazine) U.S. Rep. Veronica Escobar, co-sponsor of the Biodiesel Tax Credit Extension Act (H.R. 2089), is scheduled to visit Rio Valley Biofuels, a biodiesel production facility in El Paso, Texas, on Nov. 26. Escobar serves Texas’ 16th
November 25, 2019 Read Full Article
REG Puts $30 Million Seneca Expansion on Hold Due to Tax Credit Extension Delays
by Meghan Sapp (Biofuels Digest) In Iowa, local press reports that the Renewable Energy Group has decided to halt its $30 million expansion project at its Seneca plant, saying the 22 months since the biodiesel producers tax credit lapsed has left
November 21, 2019 Read Full Article
NBB Releases New Report on the Importance of the Biodiesel Tax Incentive
(National Biodiesel Board) The tax incentive is crucial to continued growth of the U.S. biodiesel industry -- Today (November 12, 2019), the National Biodiesel Board (NBB) released a new report, "The Importance of the Biodiesel Tax Credit," showing how the emerging
November 13, 2019 Read Full Article
Whose Side Is Trump on? The Fight Continues…Corn Country and Oil Country Still Battling It out in Washington, DC
by Helena Tavares Kennedy (Biofuels Digest) ... It’s a back and forth game of Trump’s promises to help farmers and agriculture and support ethanol and biofuels, EPA giving small refinery waivers to big oil companies, .... ... (T)he latest responses
November 11, 2019 Read Full Article
Trial Aims to Explain How a Utah Polygamist Used an Alleged Armenian Gangster to Launder Biofuel Money to Turkey
by Nate Carlisle (Salt Lake Tribune) The possible witness list for the trial of Lev Aslan Dermen includes the Utah polygamist prosecutors say the defendant both conspired with and extorted, the businessman who laundered money to a Turkish airline and
October 14, 2019 Read Full Article
Cruel Summer
by Ron Kotrba (Biodiesel Magazine) A series of unfortunate events this summer—all caused by U.S. government action or inaction—has led to a precarious situation in the biodiesel sector, but there may be a silver lining. -- ... The volume of
October 02, 2019 Read Full Article
Farm-State Fury Creates Pressure for Trump as Trade, Energy Pain Collide
by David J. Lynch (Washington Post) ... After two decades, Siouxland (Energy Cooperative) this month halted operations following the Environmental Protection Agency’s decision to exempt 31 small oil refiners from a federal law requiring them to blend ethanol in their
October 02, 2019 Read Full Article
Klobuchar: In First 100 Days as President, Pledges Moratorium on Oil Refinery Waivers, Restoration of Renewable Fuels Tax Credit and More
by Jim Lane (Biofuels Digest) Klobuchar says “I will stop the oil refinery waivers”: In Iowa, US Senator Amy Klobuchar of Minnesota said that, if elected President in 2020, would in her first 100 days in office order a moratorium on oil
August 28, 2019 Read Full Article
9 Constellations to Watch: A Look at the Rising Stars in the Race to SAF
by Helena Tavares Kennedy (Biofuels Digest) ... (T)oday we explore 9 of those constellations building around Sustainable Aviation Fuels. Some of them are young protostars in the earliest stage of stellar evolution, while others are like the Earth’s sun, a
August 26, 2019 Read Full Article
E15, E30, and Blender Pumps May Become Generally Available, but Refinery Exemptions Make the RFS Irrelevant
by Doug Root* (Advanced Biofuels USA) Farm Fest in southern Minnesota is always a forum on the health of the agriculture sector of the economy and biofuels. This year was no exception as Rep. Colin Peterson hosted a listening session
August 17, 2019 Read Full Article
NBB Tells EPA, Stop Damaging the Biodiesel Industry
by Donnell Rehagen (National Biodiesel Board/Biofuels Digest) This year has been brutal for the biodiesel industry. As if the absence of the biodiesel tax credit wasn’t enough of a challenge, these unjust retroactive small refinery waivers are destroying the biodiesel market
July 11, 2019 Read Full Article
Bill Aims to Extend Biofuel, Bioenergy Tax Credits through 2020
by Erin Voegele (Biomass Magazine) Rep. Mike Thompson, D-Calif., chairman of the House Ways and Means Subcommittee on Select Revenue Measures, introduced the Taxpayer Certainty and Disaster Tax Relief Act of 2019 on June 18. The bill extends several biofuel- and
July 02, 2019 Read Full Article
Proposed Legislation Would Extend Biodiesel Tax Incentive
by Cindy Zimmerman (Energy.AgWired.com) House Ways and Means Select Revenue Measures Subcommittee Chairman Mike Thompson (D-CA) has introduced legislation to extend expired tax incentives, including the biodiesel tax incentive, which is scheduled for mark up Thursday June 20. The proposal would
June 19, 2019 Read Full Article
Letter Urges Extension of 3 Biofuel-Related Tax Credits
by Erin Voegele (Ethanol Producer Magazine) Reps. Abby Finkenauer, D-Iowa, and Josh Harder, D-Calif., authored a letter June 3 urging the House Ways and Means Committee to extend, and retroactively apply, several expired biofuel tax credits. The letter was signed by
June 11, 2019 Read Full Article
Opinion: Presidential Candidates Need a Vision for Biofuels
by Rob Hogg, Amanda Ragan and Bill Couser (Des Moines Register/Biofuels Vision 2020) As presidential candidates visit Iowa ahead of the caucuses, Biofuels Vision 2020 – a coalition of biofuels supporters – is here to educate the candidates about how renewable, low-carbon
June 10, 2019 Read Full Article
Fuel Forward: The Digest’s 2019 Enhanced Multi-Slide Guide to Renewable Energy Group
by Jim Lane (Biofuels Digest) Earlier this month, Renewable Energy Group released its 2019 Q1 earnings and held its quarterly earnings conference call with analysts and media. The complete webcast of the event is available at regi.com. Participating in the call for
May 30, 2019 Read Full Article
Agriculture Industry Groups Call on Congress to Immediately Extend the Biodiesel Tax Credit
(National Biodiesel Board) Congress can address the growing economic crisis in the agriculture sector, trade groups write -- Thirteen trade groups representing farmers, rural lenders, crop and biobased oil producers, and biodiesel producers today wrote leaders of the House of Representatives and
May 23, 2019 Read Full Article
US Fuel Mandates No Salve for Farm Trade Losses
(Argus Media) Higher US biofuel blending mandates cannot make up for lost export trade opportunities, according to farm groups caught in the crossfire of the country's trade war with China. US independent refiners show little concern that the administration will blunt sharply
May 21, 2019 Read Full Article
Letter from Washington – Taxes, Blends, RINs, Jobs and “The Year of the Tree”
by Jim Lane (Biofuels Digest) ... (C)onsider this for now a Digested summary of the (Washington, DC) news you can use, as short as we can make it so that we return you to the business of building the bioeconomy
May 14, 2019 Read Full Article
Pacific Biodiesel Eyes California as Federal, Local Support Wanes
by Ron Kotrba (Biodiesel Magazine) Hawaii-based Pacific Biodiesel has long prided itself on producing biodiesel from local resources within the petroleum-dependent archipelago and supplying the renewable fuel back to its community. But as the U.S. biodiesel sector tries to push forward
May 01, 2019 Read Full Article
Rep. Axne Introduces Amendment to HR 9 to Support Renewable Fuel Industries
(Atlantic News Telegraph) U.S. Rep. Cindy Axne (IA-03) introduced an amendment to H.R. 9, the Climate Action Now Act, to extend tax credits for Iowa’s biodiesel, second generation biofuels and wind power industries. The Climate Action Now Act, which Rep. Axne
May 01, 2019 Read Full Article
Biodiesel Bonanza: How Federal Subsidies Prop Up the Industry and Cost Taxpayers Billions
(Taxpayers for Common Sense) The federal government has subsidized the mature U.S. biodiesel industry for more than a decade. In years when subsidies are larger and more predictable, the industry responds with higher production levels to take advantage of billions of dollars in
April 24, 2019 Read Full Article
Thank You, Biodiesel Industry
by Donnell Rehagen (National Biodiesel Board/Biodiesel Magazine) ... This past year we engaged with organizations like National Renderers Association, National Association of Truck Stop Operators, American Soybean Association, Petroleum Marketers of America, and many more. The National Biodiesel Board has strengthened its
April 17, 2019 Read Full Article
Where Will All the Feedstock Come From?
by Ron Kotrba (Biodiesel Magazine) As a new wave of large-scale biomass-based diesel projects develops, experts suggest market forces are ready to deliver the necessary fats, oils and greases. -- ...Many of these new biomass-based diesel projects intend to produce renewable diesel
April 17, 2019 Read Full Article
NATA and Industry Aviation Coalition Support Extension of Biodiesel Tax Incentive
(National Air Transportation Association /Aviation Pros) The letters were jointly issued by the Air Line Pilots Association, Airlines for America, the Cargo Airline Association, the General Aviation Manufacturers Association, the NATA, the NBAA, and the Regional Airline Association -- Today, the National
April 17, 2019 Read Full Article
Candidates Should Recognize Biofuel Benefits
by Mike Naig and Dave Loebsack (Quad City Times) We may come from different political parties, but we share at least one common vision. Both of us strongly support renewable fuel, like biodiesel, for the vital role it plays in Iowa’s
March 21, 2019 Read Full Article
NBB Urges Lawmakers to Extend Biodiesel Tax Credit
by Cindy Zimmerman (Energy.AgWired.com) “Temporary Policy in the Internal Revenue Code” was the title of a House Ways and Means Select Revenue Measures Subcommitteehearing this week where the National Biodiesel Board (NBB) submitted written testimony urging lawmakers to immediately extend the biodiesel and renewable
March 13, 2019 Read Full Article
REG to Sell Life Sciences Unit, Confident BTC Will Be Reinstated
(Renewable Energy Group/Biodiesel Magazine) ... “REG generated $139 million of adjusted EBITDA in 2018, an outstanding result reflecting strong operational performance and a favorable margin environment,” said Cynthia (CJ) Warner, REG president and CEO. “In addition, we remain confident that Congress
March 06, 2019 Read Full Article
Grassley, Wyden Introduce Tax Extenders Bill
by Erin Voegele (Biomass Magazine) On Feb. 28, Senate Finance Committee Chairman Chuck Grassley, R-Iowa, and Ranking Member Ron Wyden, D-Ore., introduced legislation to extend 29 tax credits, including those that benefit producers of renewable diesel, second generation biofuels and bioenergy. According
March 01, 2019 Read Full Article
Biofuels Are Key to Reducing Carbon Dioxide Emissions
by Arlin E. Gyberg (StarTribune) The biofuels industry over the last 30 years has produced more product using less energy and water and contributes far less carbon-dioxide emissions than petroleum fuels. -- Across Minnesota, about 25 ethanol and biodiesel plants generate about
February 19, 2019 Read Full Article
Reps Dave Loebsack, Darin LaHood Lead Push for Multi-Year Biodiesel Tax Extension
by Joe Hand (River Cities Reader) Representatives Dave Loebsack and Darin LaHood today led a bipartisan group of their colleagues in calling for a multi-year extension of the biodiesel tax credit. In a letter to House Leadership, the lawmakers called for
February 12, 2019 Read Full Article
World Energy and Valero Lead Rebound in Biofuels M&A: 2018 Review
by Bruce Comer (Ocean Park/Biofuels Digest) Convergence reigns as the North American biofuels industry witnesses a resurgence in mergers and acquisitions, including exceptionally large deals -- Merger and acquisition (M&A) activity in biofuels picked up considerably in 2018 after a slowdown in
January 22, 2019 Read Full Article
Metro East Fuel Plant Owner Admits Doctoring Tests to Get $500,000 in Biodiesel Tax Credits
by Robert Patrick (St. Louis Post-Dispatch) The former operator of a South Roxana biodiesel plant pleaded guilty in federal court here Thursday and admitted doctoring test results to fraudulently receive $531,000 in tax credits. Terry L. Zintel pleaded guilty to three
January 18, 2019 Read Full Article
Alternative Fuels Council Offers Biodiesel Strategy
by Jeff Hove (Biodiesel Magazine) Jeff Hove, vice president of NATSO's Alternative Fuels Council, provides perspective on current political, regulatory and market events relating to biodiesel blending, and how a myriad of potential changes will affect downstream operators. -- ... But renewable
January 05, 2019 Read Full Article
Who’s Up, Down, Top, Charmed and Strange in the Bioeconomy: Learnings from the Earnings, as Four Bellwether Stocks Report
by Jim Lane (Biofuels Digest) ... So, let’s look at Q3 earnings statements now just coming out from four of the sector’s signature companies in light-duty and heavy-duty fuels, enzymes, and nutrition and wellness. Namely, Aemetis, Novozymes, Renewable Energy Group and
December 18, 2018 Read Full Article
NBB Appreciates Proposal for Long-Term Extension of the Biodiesel Tax Incentive
(National Biodiesel Board) Ways & Means Chairman Kevin Brady’s (R-TX) tax proposal includes a multi-year extension and phaseout of the biodiesel incentive -- ... Rep. Kevin Brady (R-Texas), chairman of the House Ways & Means Committee, released a proposal to make technical
December 07, 2018 Read Full Article
C.J.’s Back and REGI’s Got Her: Warner Tapped as New Renewable Energy Group CEO
by Jim Lane (Biofuels Digest) In Iowa, white smoke has emerged from the REGI conclave: Tesoro EVP and former Sapphire Energy CEO C.J. Warner has been named chief exec of Renewable Energy Group, at a pivotal moment for biodiesel in Washington and
December 07, 2018 Read Full Article
A Summary of Federal Programs: The Digest’s 2018 Multi-Slide Guide to Alternative Fuel and Advanced Vehicle Technology Incentives
by Jim Lane (Biofuels Digest) A wide array of federal incentives supports the development and deployment of alternatives to conventional fuels and engines in transportation. These incentives include tax deductions and credits for vehicle purchases and the installation of refueling systems,
December 05, 2018 Read Full Article
Study Shows Biodiesel Benefits in the Billions
by Cindy Zimmerman (Energy.AgWired.com) A new study shows that the Biodiesel Tax Credit helped the industry support $21.6 billion in economy-wide sales, employment for over 60,000 workers with wages and benefits totaling $3.8 billion, and nearly $2 billion in state and federal
December 03, 2018 Read Full Article
GOP Chairman Releases Year-End Tax Package
by Naomi Jagoda (The Hill) ... The bill would ... phase out tax breaks for biodiesel and renewable diesel, and extend a number of other expired tax provisions through the end of 2018 — including tax breaks that benefit the
November 27, 2018 Read Full Article
60 Organizations Sign Tax Extenders Letter to Congress
by Ron Kotrba (Biodiesel Magazine) A group of 60 organizations representing diverse business, energy, transportation, real estate and agriculture sectors has sent a letter to leaders in the U.S. House of Representatives and Senate on the “pressing need” to address the
November 14, 2018 Read Full Article
2018 Midterm Elections—Implications for the Bioeconomy
by Jesse Stolark (Environmental and Energy Study Institute) And while the bioeconomy – biofuels, biobased products, chemicals, and more – enjoy bipartisan support, the new political landscape means that the biobased sector and stakeholders still need to be on their
November 10, 2018 Read Full Article
The Complex Dynamics of Coprocessing
by Ron Kotrba (Biodiesel Magazine) While oil refiners adding a small percentage of renewable feedstock to their operations sounds simple, the political, economic, technical, societal and market consequences are anything but. In 2007, at the height of the biodiesel boom, ConocoPhillips and
November 06, 2018 Read Full Article
As Fuel Prices Rise, Biodiesel Production Margins Widen
by Ron Kotrba (Biodiesel Magazine) Crude oil prices recently reached a four-year high, helping drive up biodiesel fuel prices and improve biodiesel manufacturing margins. ... As in the U.S., where off-road diesel is taxed less than on-road diesel, agricultural diesel in Europe also
October 31, 2018 Read Full Article
Pennsylvania Man Pleads Guilty to Biodiesel Tax Conspiracy
(U.S. Department of Justice) A Harrisburg, Pennsylvania man pleaded guilty yesterday in federal court to one count of conspiring to defraud the Internal Revenue Service (IRS), announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division,
October 05, 2018 Read Full Article
NBB Appreciates Bipartisan Support for Biodiesel Tax Incentive Extension
(National Biodiesel Board) Forty-six bipartisan members of Congress ask House leaders for a multi-year extension -- Today (September 27, 2018), the National Biodiesel Board (NBB) thanked the 46 Congressmembers – led by Rep. David Young (R-IA) and Rep. Dave Loebsack (D-IA) –
October 03, 2018 Read Full Article
Midterm Elections, RVO Decisions, and Lame Duck Tax Relief
by Michael McAdams (Advanced Biofuels Association) ... When testifying recently before the Senate Environment and Public Works Committee, the acting administrator was judicious in answering questions about EPA’s small refinery exemptions (SREs). He has publicly stated that there should be more
September 21, 2018 Read Full Article
NBB, ASA Ask President Trump to Support Biodiesel Producers, Soy Farmers
(National Biodiesel Board) Allowing year-round use of E15 is a positive step for ethanol, but doesn’t support biodiesel -- Today, the National Biodiesel Board (NBB) and the American Soybean Association (ASA) wrote President Donald Trump asking that he “provide additional help to
September 21, 2018 Read Full Article
NATSO Alternative Fuels Council Prioritizes Biodiesel Fuel Quality
by Jeff Hove (Biodiesel Magazine/Alternative Fuels Council) Alternative fuels such as biodiesel represent an important growth opportunity for fuel marketers nationwide. But for many fuel retailers, myriad state and federal regulations and incentives for alternative fuels can be complex and overwhelming.
August 28, 2018 Read Full Article
CEO and CFO of Utah Biodiesel Company and California Businessman Charged in $500 Million Fuel Tax Credit Scheme
(U.S. Department of Justice) A federal grand jury sitting in the District of Utah has returned an indictment, which was unsealed today, charging the CEO and CFO of Washakie Renewable Energy (WRE), a Utah-based biodiesel company, and a California businessman with
August 28, 2018 Read Full Article
Producers, Marketers Unify in Support of Biodiesel Tax Credit
(National Biodiesel Board) Today (June 25, 2018), a diverse group of trade associations delivered a letter to Congressional leaders announcing a unified position to maintain and extend the current biodiesel blenders tax credit. In a letter to House Speaker Paul Ryan (R-WI), Senate
June 26, 2018 Read Full Article
Advanced Biofuels under the Renewable Fuel Standard: Current Status and Future Prospects
(U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Environment) ... A number of exogenous policies have greatly impacted advanced biofuels markets and RFS (Renewable Fuel Standards) compliance. These include trade restrictions and duties now imposed on certain imported
June 22, 2018 Read Full Article
Top 10 Biodiesel Trends 2018: What’s up with the World’s Favorite Advanced Biofuel?
by Jim Lane (Biofuels Digest) ... We’ve organized the state of biodiesel into 10 areas of vital interest ranging from the development of markets to the entry of ancillary products and new feedstocks. #1 Tax & Trade Free trade vs fair trade: Dumping
June 07, 2018 Read Full Article
U.S. Biodiesel Lobby Drops Effort to Adjust $1-Per-Gallon Tax Credit
by Tom Polansek and Michael Hirtzer (Reuters) The biggest U.S. biodiesel lobbying group has dropped its nine-year push to covert a $1-per-gallon tax credit available to blenders of the biofuel into one for producers, the vice president of federal affairs said on
May 29, 2018 Read Full Article
NBB Again Disappointed by Failure to Renew Biodiesel Tax Credit
(National Biodiesel Board) Congress Reaches Another Deal to Fund the Government That Fails to Reinstate the Biodiesel Tax Credit -- Today, the U.S. Congress is expected to pass an omnibus spending bill to fund the government that did not include a reinstatement
March 22, 2018 Read Full Article
The Digest’s 2018 Visual Guide to the Economics, Politics of Renewable Fuels
by Jim Lane (Biofuels Digest) Have you ever wondered why corn farmers march for the RFS, but Wall Streeters don't? Or why merchent oil refiners want the US Renewable Fuel Standard repealed but major oilcos generally support RFS reform? Why are biodiesel
March 16, 2018 Read Full Article
Advanced Biofuels Interest in Post Tax Bill Hearing
by Cindy Zimmerman (Energy.AgWired.com) The National Biodiesel Board (NBB) and more than 50 member organizations are urging Congressional leaders to extend the biodiesel tax credit as soon as possible for at least 2018. In a letter to House and Senate leadership sent in advance of
March 15, 2018 Read Full Article
Biodiesel and 2nd Gen Biofuels Need Stable Tax Policy
by Cindy Zimmerman (Energy.AdWired.com) The House Ways and Means Subcommittee on Tax Policy heard from representatives of the biodiesel and advanced biofuels industries Wednesday on the need for “Post Tax Reform of Recently Expired Tax Provisions” that are helping move the nation toward
March 15, 2018 Read Full Article
Ahead of Hearing, Dozens of Biodiesel Stakeholders Urge Passage of Tax Extenders
(National Biodiesel Board) Biodiesel Tax Credit Requires Reinstatement, Will Be Discussed Tomorrow in Ways and Means Committee -- Today the National Biodiesel Board (NBB) and more than 50 of its member organizations sent a letter to Congressional leaders that calls for extending
March 13, 2018 Read Full Article
Long Road for Biofuels Industry
by Michael McAdams (Biomass Magazine) This year is setting up to be a long year for the biofuels industry. First on the agenda is the fate of the biofuels tax extenders, including the biodiesel blenders, renewable diesel credit, second-generation and alternative fuels
March 09, 2018 Read Full Article
Analysis: Cap on Conventional Ethanol RINs Will Reduce Biodiesel Market By 100-300 Million Gallons Per Year
(National Biodiesel Board) A new analysis by the National Biodiesel Board (NBB) and the World Agricultural Economic and Environmental Services (WAEES) found that capping the price of conventional biofuels’ Renewable Identification Numbers (RINs) will significantly harm the production of biodiesel and
March 09, 2018 Read Full Article
California Biofuel Event Showcases Dynamics of Evolving Industry
(The California Advanced Biofuels Alliance /Biodiesel Magazine) At the California Advanced Biofuels Conference March 1 in Sacramento, Jennifer Case, chair of California Advanced Biofuels Alliance, gave her annual address to a packed house that has evolved to include major industry players, both
March 07, 2018 Read Full Article
Alternative Fuel Tax Credits Extended
(Wisconsin Clean Cities) The Bipartisan Budget Act of 2018, signed into law by President Trump today, included provisions to extend a host of Alternative Fuel Tax Credits. The incentives originally expired on December 31, 2016, but were retroactively extended through
February 10, 2018 Read Full Article
Biodiesel Tax Credit Back in US Budget Deal
by Jim Lane (Biofuels Digest) In Washington, the US Congress passed its budget deal, and among the items in the deal was a retroactive restoration of the $1 per gallon biodiesel tax credit for 2017. The bill did not include a
February 09, 2018 Read Full Article
U.S. House Republicans to Scrutinize Narrow, 'Extender' Tax Breaks
by David Morgan (Reuters) ... Just weeks after approving a sweeping tax code overhaul, the Republicans said they would examine as many as 35 “tax extender” measures to see if they should remain on the books. ... “The goal is not to get
February 07, 2018 Read Full Article
A Quiet Year for Biofuels M&A: 2017 Review and Outlook
by Bruce Comer (Ocean Park Advisors/Biofuels Digest) More industry players chose to develop and build new capacity rather than buy plants -- The North American biofuels industry experienced the fewest merger and acquisition transactions in recent history in 2017. There were only
February 01, 2018 Read Full Article
Against the Odds
by Ron Kotrba (Biodiesel Magazine) Continued investment and expansion took place in the U.S. biodiesel sector throughout 2017, despite rising political uncertainty and a lapsed tax credit. Here is an overview of some of the activity, plus a special sidebar story
January 24, 2018 Read Full Article
Congress Urged to Pass Biodiesel Tax Credit in Budget Negotiation
by Ron Kotrba (Biodiesel Magazine) ... (B)iodiesel companies are pressing Congress to pass the $1 per gallon biodiesel tax credit, which expired more than a year ago for the fifth time in its existence. On Jan. 17, 75 companies and
January 24, 2018 Read Full Article
2017 Wrap-Up: Maintaining the Status Quo
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) Last year was among the most active and interesting years we’ve seen in the biofuels space. The industry has confronted multiple challenges over the past 12 months, culminating in meetings between senators supportive of
January 05, 2018 Read Full Article
Congress Needs to Restore Tax Breaks for ‘Orphan’ Renewables
(25 x '25 REsource) As Congress ratchets up its ongoing budget battles – the continuing resolution that is currently funding the government expires Jan. 19 – clean energy advocates of all stripes must hold lawmakers to their longstanding promises to renew
January 04, 2018 Read Full Article
Grassley Marks Policy, Oversight Accomplishments in 2017
(North Iowa Today) Sen. Chuck Grassley of Iowa marked a series of policy and oversight accomplishments in 2017. ... Grassley introduced the Food Security is National Security Act of 2017, which would give top U.S. agriculture and food officials permanent representation on the Committee
January 04, 2018 Read Full Article
Farmers Urge Congress to Extend Lapsed Tax Credits for Biodiesel, Renewable Energy
(Farm Bureau News) A recently introduced bill would continue several expired tax provisions important to farmers and ranchers. Offered by Senate Finance Committee Chairman Orrin Hatch (R-Utah), the Tax Extenders Act of 2017 (S. 2256) would extend several tax credits for