by Corey Lavinsky (S&P Global) ... Though ethanol is mentioned only thrice in the lengthy law, ethanol producers will benefit from its carbon capture, utilization and storage provisions, clean fuel production credits, and incentives for ethanol-based sustainable aviation fuel. In addition, cellulosic
Cellulosic Tax Credit
Back TO HOMEGroups 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
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
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
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
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farmers march for the RFS, but Wall Streeters don't? Or why merchent oil refiners want the US Renewable Fuel Standard repealed but major oilcos generally support RFS reform?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
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
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
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
ACE Sends Letter Urging Extension of Cellulosic Biofuel, Biodiesel Tax Credits
(American Coalition for Ethanol/KTIC) The American Coalition for Ethanol (ACE) CEO Brian Jennings sent a letter today (December 15, 2017) to Chairman of the Committee on Ways and Means Kevin Brady and Chairman of the Committee on Finance Orrin Hatch urging
December 16, 2017 Read Full Article
Tax Reform Losers from Biofuels to Coal to Get Second Chance
by Ari Natter (Bloomberg) Billions in breaks for energy sought in ‘tax extenders’ bill; Lobbyists are seeking new credits for coal, nuclear plants -- Energy lobbyists, who failed to get a range of expired breaks for biofuels to coal-fired power plants into the
December 05, 2017 Read Full Article
Judge and Grassley Face off in Iowa U.S. Senate Debate
by Shelby Shepherd (KWQC) An hour before Trump and Clinton battled it out in Las Vegas, Iowa’s U.S. senate candidates battled it out in the western part the state they are fighting for. Republican Sen. Chuck Grassley has held his
October 21, 2016 Read Full Article
Uncertainty in RFS Sends the US Ethanol Industry to Overseas Markets: A Report from the National Ethanol Conference, "Going Global"
[caption id="attachment_59831" align="alignleft" width="300"] Renewable Fuels Association President, Bob Dinneen introduces NEC scholarship winner, Lais Thomaz at the National Ethanol Conference.[/caption] by Lais F. Thomaz* (Advanced Biofuels USA) Last week, from February 17 to 21, the 20th National Ethanol Conference "Going
February 26, 2015 Read Full Article
Stakeholders Urge Congress to Extend Biofuel Tax Policies
by Anna Simet (Biomass Magazine) Tax provisions critical to the biofuel and biopower industries are set to expire at the end of the month—including the federal renewable energy production tax credit and cellulosic biofuel producer , biodiesel and renewable diesel
December 10, 2013 Read Full Article
Fuel Tax Credit Extensions Frequently Asked Questions
(Internal Revenue Service) The American Taxpayer Relief Act of 2012 (Pub. L. 112-240) retroactively extends certain fuel tax credits that expired on Dec. 31, 2011. The retroactively extended fuel tax credits are the biodiesel mixture credit, biodiesel credit, alternative fuel
February 25, 2013 Read Full Article
Tax Extenders Package; Algae Wins Tax Credit Parity
by Jim Lane (Biofuels Digest) ... Meanwhile, the Senate Finance Committee marked up the Family and Business Tax Cut Certainty Act of 2012, which included key energy efficiency and biofuels tax credit provisions. Included in the bill: the Cellulosic Biofuels
August 08, 2012 Read Full Article
AEC Urges Support for Extension of Two Critical Tax Incentives
In a letter to Senate Finance Subcommittee on Energy, Natural Resources, and Infrastructure Chairman Jeff Bingaman (D-NM) and Ranking Member John Cornyn (R-TX), the Advanced Ethanol Council voiced support for extending key cellulosic ethanol tax provisions set to expire at
March 27, 2012 Read Full Article
RFA: Industry Will Fight for Cellulosic Tax Credits
by Ken Anderson (Brownfield Ag News)The federal ethanol blenders’ tax credit for grain-based ethanol expired without protest from the ethanol industry at the end of 2011. But the head of the Renewable Fuels Association—Bob Dinneen—says the industry will work to ensure
January 09, 2012 Read Full Article
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