Erin Voegele (Ethanol Producer Magazine) Sens. Sherrod Brown, D-Ohio, and Pete Ricketts, R-Neb., in August introduced the Renewable Chemicals Act, a bill that aims to create a tax credit to support the production of biobased chemicals. The legislation, S. 4931, would
investment tax credit
Back TO HOMEThe Digest’s 2024 Multi-Slide Guide to the State of Biogas and RNG
by Jim Lane (Biofuels Digest) In this presentation, we explored the challenges faced in the transition to sustainable, available, reliable, affordable RNG and biogas. We look at the companies and technologies getting traction, new projects underway, the state of feedstocks, policy,
August 06, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Net Zero Carbon Emissions by 2050, the Airlines for America Perspective
by Jim Lane (Biofuels Digest) Sean Newsum, now with Airlines for America after long service at Boeing, returns to the ABLC stage for a perspective on the path to 20250, including closing the affordability gap for SAF buyers, increasing SAF production
June 20, 2024 Read Full Article
bp's Archaea Energy Brings Online Its Largest Modular RNG Plant to Date in Kansas
(bp) The plant can convert 9,600 standard cubic feet of landfill gas per minute into lower-carbon renewable natural gas (RNG). Plant is expected to produce enough renewable natural gas to heat up to 38,000 homes annually, according to the EPA Landfill
May 03, 2024 Read Full Article
Brown Successfully Pushes Treasury to Fix Proposed Rule to Support American Biogas Manufacturing
(Offfice of Senator Sherrod Brown (D-OH)) Brown Called on Treasury to Act on the Proposed Rules; Changes Will Support Domestic Energy Production and Help Create American Jobs -- Following U.S. Senator Sherrod Brown’s (D-OH) push, the U.S. Department of Treasury agreed to revise
February 27, 2024 Read Full Article
Aemetis Biogas Closes $53 Million Sale of IRA Tax Credits
(Aemetis) Tax credits generated by investment in negative carbon intensity renewable natural gas production; additional $800 million of IRA investment and production tax credits expected in the next four years from Aemetis renewable fuel projects -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural
October 03, 2023 Read Full Article
Aemetis RNG Production Facility Receives EPA Approval for D3 RIN Generation; LCFS Data Collection Completed and Pathway Review In Process at CARB; Six Dairy Digesters Fully Operational
(Aemetis) Operating 40-mile Biogas Pipeline, Central RNG Facility and Utility Interconnect Processes Waste Methane from California Dairy Farms into Renewable Natural Gas for Use as Carbon Negative Transportation Fuel Aemetis/Yahoo!)Aemetis, Inc.(NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused
May 19, 2023 Read Full Article
Bill Creates LCFS for Aviation, Expands SAF Tax Credits, Funding
by Erin Voegele (Ethanol Producer Magazine) Reps. Julia Brownley, D-Calif., and Brad Schneider, D-Ill., on April 20 introduced the Sustainable Aviation Fuel Act, which aims to support the use of sustainable aviation fuel (SAF) via tax credits, new funding, and the
April 27, 2023 Read Full Article
Government of Canada Supports Clean Hydrogen Production through Budget23
(World Energy/PR Newswire) World Energy GH2 applauds measures which will help ensure competitiveness with the US Inflation Reduction Act -- World Energy GH2 congratulates Deputy Prime Minister and Minister of Finance Chrystia Freeland on the tabling of Budget23 "A Made-in-Canada Plan" in the
April 03, 2023 Read Full Article
Inflation Reduction Act of 2022 – Qualified Biogas Property
by John R. Kirkwood, Jason Deppen, and Christopher B. Berendt (FaegreDrinker/Biofuels Digest) ... Section 48(a) of the Internal Revenue Code (IRC) as it existed prior to the adoption of the (Inflation Reduction) Act provides an investment tax credit (ITC) for the
September 09, 2022 Read Full Article
Regulatory and Policy Analysis of Production, Development and Use of Sustainable Aviation Fuels in the United States
Ekrem Korkut and Lara B. Fowler (Frontiers in Energy Research) The United States, spurred in part by international developments, is expanding its law and policy to incentivize the use of sustainable aviation fuels. While the U.S. has agreed to participate
January 03, 2022 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
Crapo, Whitehouse, Reed, Panetta Introduce Legislation to Encourage Innovation in the Clean Energy Sector
(Office of Senator Mike Crapo (R-Idaho)) According to a report by the International Energy Agency, approximately 40 percent of cumulative CO2 emissions reductions needed to meet sustainability targets rely on technologies not yet commercially deployed on a mass-market scale. Senator Mike Crapo (R-Idaho),
July 27, 2021 Read Full Article
Storage Wars: ... The Energy Storage Tax Incentive and Deployment Act
by Matthew Choi (Politico's Morning Energy) Bipartisan Sens. Heinrich and Susan Collins (R-Maine), along with Reps. Earl Blumenauer (D-Ore.), Mike Doyle (D-Pa.) and Vern Buchanan (R-Fla.), introduced legislation Tuesday that would create a standalone investment tax credit for energy storage technologies for both businesses and homes. Currently,
March 10, 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
Brownley Introduces ‘Sustainable Aviation Fuel Act’ to Reduce Carbon Emissions
(Office of Congresswoman Brownley (D-CA-25)) Congresswoman Julia Brownley (D-CA) introduced the Sustainable Aviation Fuel Act, legislation to incentivize the production of sustainable aviation fuel (SAF) and help the aviation sector reduce carbon emissions. “We are facing an existential threat to the future
February 09, 2021 Read Full Article
Ed Markey on the Green New Deal, Biden
by Kelsey Tamborrino (Politico's Morning Energy) ... The Massachusetts senator also said he wants Democrats to pursue a clean energy standard over carbon pricing in their push for climate legislation. "[M]y view is that sector-wide solutions like a clean energy standard
February 08, 2021 Read Full Article
Pascrell, Fitzpatrick Introduce Green Bill to Boost Renewable Chemicals, Phase-Out Fossil Fuels
(Office of Representative Bill Pascrell, Jr. (D-NJ-09)) Bipartisan legislation will provide tax credits for the production of renewable chemicals -- U.S. Reps. Bill Pascrell, Jr. (D-NJ-09) and Brian Fitzpatrick (R-PA-01) have introduced the Renewable Chemicals Act, legislation that will create an allocated
December 09, 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
3 Things that Need to Happen for Sustainable Aviation Fuel to Take Off
by Lloyd Ritter (Green Capitol LLC/Biofuels Digest) A timely new report came out recently on sustainable aviation fuel (SAF), “Ready for Takeoff: Aviation Biofuels Past, Present, and Future,” written by the Atlantic Council (herein AC). The key takeaways are three-fold. First, aviation
May 26, 2020 Read Full Article
Carper, Alexander Bill Would Spur Clean Refueling Growth
by Kelsey Tamborrino (Politico's Morning Energy) Senate Environment and Public Works ranking member Tom Carper (D-Del.) and Appropriations Energy-Water Subcommittee Chairman Lamar Alexander (R-Tenn.) will introduce legislation today to expand the Alternative Fuel Vehicle Refueling Property Investment Tax Credit and encourage private investment in clean
May 14, 2020 Read Full Article
Bill Introduced to Overhaul Renewable Fuel, Energy Tax Credits
by Erin Voegele (Ethanol Producer Magazine) Sen. Ron Wyden, D-Ore., and 25 colleagues introduced legislation May 2 that aims to overhaul the federal tax code and consolidate the current 44 energy incentives into three technology-neutral provisions that encourage clean electricity, clean
May 03, 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
ITC Action Needed:
by Kelsey Tamborrino (Politico's Morning Energy) Energy trade and advocacy groups, including the Solar Energy Industries Association, ClearPath Action and Citizens for Responsible Energy Solutions, want Congress to modify the tax code to include energy storage as an eligible technology for
November 27, 2018 Read Full Article
EIA: Subsidies for Renewables Down as Tax Credits Diminish
(U.S. Energy Information Administration/Ethanol Producer Magazine) Federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped to $6.7 billion in fiscal year (FY) 2016, a 56 percent decline from FY 2013. Renewable subsidies in FY 2010 and FY
May 01, 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
December 28, 2017 Read Full Article
Bill Aims to Establish Tax Credit for Biobased Chemicals
by Erin Voegele (Biomass Magazine) Rep. Bill Pascrell, D-N.J., recently introduced legislation that aims to establish a 15-cent-per-pound production tax credit for renewable chemicals made from biomass. The bill, known as the Renewable Chemicals Act of 2017, or H.R. 3149, was
July 20, 2017 Read Full Article
ABC: Bill Signals Building Support for Nutrient Recycling, Biogas
(American Biogas Council/Biomass Magazine) Last week, Sens. Sherrod Brown, D-Ohio, and Pat Robert, R-Kan., introduced new bipartisan legislation, the Agriculture Environmental Stewardship Act (S 3248). This latest bill is a companion to identical House legislation (HR 5489) introduced on June
July 25, 2016 Read Full Article
Proposed Bill Expands Tax Credit to Biogas-Based RNG
by Anna Simet (Biomass Magazine) A bill (H.R. 5489) recently introduced to the House Ways and Means Committee on Space, Science and Technology would add more biogas applications to the list of technologies that qualify for the federal Section 45 investment
June 27, 2016 Read Full Article
House Bill Could Help Small and Mid-Size Dairies Deal with Excess Nutrients
(Environmental and Energy Study Institute) On June 16, Representative Tom Reed (R-NY) and Ron Kind (D-WI) along with 12 Republican and Democratic co-sponsors introduced the Agriculture Environmental Stewardship Act (H.R. 5489), which would expand the eligibility of biogas systems under the
June 20, 2016 Read Full Article
Pushmi-Pullyu: How Do Carbon Prices and Fuel Mandates Work Together in Breaking through a Fossil Fuel Monopoly? Or, Do They?
by Jim Lane (Biofuels Digest) Sometimes, the set-up of the transition from fossil fuels is as pretty and impractical as Dr. Doolittle’s Pushmi-Pullyu. The Digest investigates. -- ... For example, a renewable fuel does not qualify under the Renewable Fuel Standard
January 12, 2016 Read Full Article
Budget Deal Oil-for-Renewables Trade Would Substantially Reduce Carbon Emissions
by Varun Sivaram and Michael Levi (Council on Foreign Relations) ... In this post we’re going to estimate the climate impact of the renewables tax credit extensions. We focus on 2016-2020 for three reasons: (a) it’s the period for which
December 21, 2015 Read Full Article
ACORE Releases Public Policy Insights and Recommendations for Renewable Energy
(ACORE) Policy Pack recaps ACORE’s 2015 Renewable Energy Policy Forum recommendations; warns of a serious market cliff for new investments absent policy action by Congress As the Obama administration announces a 20 percent national goal for renewable electricity generation by 2030,
July 01, 2015 Read Full Article
House Tax Proposal Would Alter Biofuel, Bioenergy Tax Credits
by Erin Voegele (Ethanol Producer Magazine) On Feb. 26, House Ways and Means Committee Chairman David Camp, R-Mich., released draft legislation to reform federal tax code. The draft, titled the “Tax Reform Act of 2014,” would alter, and in some
February 28, 2014 Read Full Article
Sen. Baucus Launches Major Senate Energy Tax Reform
by Jim Lane (Biofuels Digest) A new, technology-neutral tax credit for the domestic production of clean transportation fuel? Read on. In Washington, Senate Finance Committee Chairman Max Baucus (D-Mont.) unveiled the latest package in a series of proposals to overhaul America’s
December 20, 2013 Read Full Article
New Markets Tax Credits Spur Investment
by Joanna Schroeder (DomesticFuel.com) There is a little secret in the renewable energy sector that many don’t know about –New Markets Tax Credits. These tax credits provide incentives for private investors to help fund projects that create jobs and diversify
January 15, 2013 Read Full Article
Biofuel Subsidies Need Reform
by Nathanael Green (Energy Now/Natural Resources Defense Council) ...Our dependence on oil hurts our economy, helps our adversaries and puts our security at risk. Each day we send over $1 billion overseas for oil, often to hostile nations like Iran,
December 30, 2011 Read Full Article
Taking It to the Hill: Making the Case for Advanced Biofuels to Congress
by Mike McAdams (Biorefining Magazine/Advanced Biofuels Association) I recently had the privilege of testifying before the Energy and Power Subcommittee of the U.S. House Committee on Energy and Commerce and share with its members the incredible progress the advanced biofuels
May 26, 2011 Read Full Article
U.S. Ethanol Industry Faces Subsidy Battle Next Year
by Charles Abbott and Timothy Gardner (Reuters) U.S. ethanol makers face a battle over reforming subsidies next year after current incentives are rolled over in the tax package signed into law by President Barack Obama on Friday. The new law extends the