by Jeff Melchior (Manitoba Co-operator) Voluntary country of origin labelling for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada—particularly as a
producer tax credit
Back TO HOMEU.S. Renewable Diesel Production Growth Drastically Impacts Global Feedstock Trade
(U.S. Department of Agriculture) During the past few years, the landscape for U.S. renewable diesel production has drastically changed, akin to the growth of ethanol and biodiesel during the past two decades. Driven by federal and state policies aimed at reducing
July 11, 2024 Read Full Article
Rural Incentives in Missouri Tax Cut Proposal Target Biofuels, Small Producers for Help
by Rudi Keller (News from the States) When lawmakers return this week for a special session, most of the attention will be on Gov. Mike Parson’s proposal to cut income taxes by $700 million a year. But Parson also wants the bill to
September 13, 2022 Read Full Article
Grand Challenge and Federal Legislation Seek to Advance Sustainable Aviation Fuels -- Part 2 in a Series, "Sustainable Aviation Fuels: A Critical Emissions Mitigation Strategy Gaining Momentum"
by Jeff Overton (Environmental and Energy Study Institute) ... The Biden-Harris Administration and Congress are focusing on expanding the use of sustainable aviation fuel (SAF) through multi-agency coordination to reduce climate emissions from aviation.... ... On September 9, 2021, the Biden-Harris Administration
February 14, 2022 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
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
Policy Action Needed to Advance SAF, Even During Covid-19: The Digest’s 2020 Multi-Slide Guide to Sustainable Aviation Fuel Policy in U.S.
by Helena Tavares Kennedy (Biofuels Digest) Aviation’s current reliance on fossil fuels, its expected continued growth rate following the COVID-19 pandemic, the service lifespan of aircraft, and the lack of nonliquid fuel alternatives make it a challenging sector to decarbonize, especially
May 07, 2020 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
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
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
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
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 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
Government of Alberta Establishes New Advanced Biofuel Leadership
(Advanced Biofuels Canada/EIN Presswire) Advanced Biofuels Canada applauds government for new funding to support biofuels in Alberta and expand the province’s lower carbon economy. -- The government of Alberta announced today new initiatives to strengthen the biofuels sector in Alberta. The province has
December 06, 2017 Read Full Article
NATSO Statement on Biodiesel Tax Credit Letter
(PR Newswire/NATSO) On October 31, a diverse group of biodiesel producers, fuel retailers, and trucking interests sent a letter to the Senate Finance Committee and the House Ways and Means Committee in support of extending and phasing out the biodiesel blenders' tax credit,
November 01, 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
ACI: Bill Would Permanently End Biofuel Subsidies That Distort Soap Industry Marketplace
(American Cleaning Institute) ACI praises Rep. Randy Weber’s "Stop Animal Fat Tax Credits Act," Urges Its Inclusion in Tax Reform Package -- Legislation introduced by U.S. Rep. Randy Weber (R-TX) would permanently put a stop to federal tax credits for
April 26, 2017 Read Full Article
The Imports Cometh
by Ron Kotrba (Biomass Magazine) U.S. imports of biomass-based diesel hit extreme heights in 2016, fulfilling a third of the consumption market, driving the domestic biodiesel industry to more actively seek counteracting measures to protect its own investments. --
April 05, 2017 Read Full Article
Biodiesel Plant Manager Launches Petition to Reform US Tax Credit
by Ron Kotrba (Biodiesel Magazine) A biodiesel plant manager in Mississippi is doing his part to bring attention to the growing momentum to reinstate the expired $1-per-gallon biodiesel tax credit, and to reform the incentive so that only domestic producers
April 04, 2017 Read Full Article
RVO Clarity by June Top Priority for Biofuels Industry Leaders
by Joanne Ivancic* (Advanced Biofuels USA) Amid an animated discussion of policy issues, one item gained the support of all five panelists: publication of the Renewable Fuels Standard renewable volume obligations for 2017 and 2018 by June, on schedule. Moderated by
March 02, 2017 Read Full Article
Biodiesel 2017: What’s up with Earth’s Favorite Advanced Biofuel?
by Jim Lane (Biofuels Digest) ... Uncertain the future may be, but the immediate past was no bed of thorns for biodiesel and renewable diesel. NBB policy guru Anne Steckel said that the industry produced 2.6B gallons of renewable diesel and
January 18, 2017 Read Full Article
Biodiesel Leaders Take Jobs, Energy Security Message to D.C.
(National Biodiesel Board) Nearly three dozen biodiesel leaders from Kansas to Rhode Island took to the halls of Congress this week to champion America’s Advanced Biofuel. “We have a great message to share with our elected officials. Biodiesel is working today
December 01, 2016 Read Full Article
NBB Urges Congress to Act on Biodiesel Tax Incentive
(National Biodiesel Board/Biodiesel Magazine) The National Biodiesel Board sent a letter to House and Senate tax committee leaders urging extension of the biodiesel tax incentive before it expires Dec. 31. The letter was sent on behalf of U.S. biodiesel producers nationwide. “We
November 02, 2016 Read Full Article
National Biodiesel Board Taps Donnell Rehagen as New CEO
by Jim Lane (Biofuels Digest) In Missouri, the National Biodiesel Board has named Donnell Rehagen as the trade group’s chief executive. Rehagen was named interim CEO in June after serving 12 years as NBB’s chief operating officer. ... It’s dead obvious, as
November 02, 2016 Read Full Article
BIO Asks Congress to Extend Critical Bioenergy Tax Credits During Lame-Duck
(Biotechnology Innovation Organization) BIO today (October 18, 2016) sent a letter to Congressional Leadership, the Senate Finance Committee Chairs, and the House Ways and Means Committee Chairs calling for the extension of renewable energy tax credits slated to expire at the
October 19, 2016 Read Full Article
Rep Black Intros Biodiesel Tax Credit Extension Bill
by Joanna Schroeder (Energy.AgWired.com) Another federal bill has been introduced to extend the biodiesel tax credit. Rep. Diane Black (R-Tenn.) has introduced the “Biodiesel and Renewable Diesel Incentive Extension Act of 2016” (H.R. 5994). The bill extends the tax credit
September 22, 2016 Read Full Article
Pacific Ethanol Receives EPA-Approved Registration for Cellulosic Ethanol Production at Stockton Plant
(Pacific Ethanol/Globe Newswire) Now generating valuable D3 cellulosic RINs – Expects to produce over one million gallons per year of cellulosic ethanol at Stockton, CA plant -- Pacific Ethanol, Inc. (NASDAQ:PEIX), a leading producer and marketer of low-carbon renewable fuels in the
September 12, 2016 Read Full Article
US Senate Introduces Bill to Extend Biodiesel Tax Credit, Moves towards Producers’ Credit
(Biofuels International) The US Senate has introduced a bill to extend the $1/gallon biodiesel tax credit through 2019 and to transform it from a blenders’ credit to a domestic production credit. The bill mirrors a House of Representatives legislation introduced in
July 21, 2016 Read Full Article
Bill Intro'd in Senate to Reform, Extend Tax Credit through 2019
by Ron Kotrba (Biodiesel Magazine) A bill was introduced in the U.S. Senate to extend the $1-per-gallon biodiesel tax credit through 2019 and restructure the incentive from a blenders credit to a domestic production credit. The legislation was introduced by Sens.
July 15, 2016 Read Full Article
Biofuel Trade Associations Ask Congressional Leaders to Extend Advanced Biofuel Incentives
(Biotechnology Innovation Organization/Business Wire) Today, six biofuel trade associations sent a letter to House and Senate leaders asking Congress for a multiyear extension of advanced biofuel tax credits. The Advanced Biofuels Business Council, Algae Biomass Organization, Biotechnology Innovation Organization (BIO),
April 05, 2016 Read Full Article
Biodiesel Production Rises in 2015 as Consumers Seek Cleaner Fuels
(High Plains/Midwest Ag Journal) U.S. consumers used a record of nearly 2.1 billion gallons of biodiesel in 2015, reducing America’s carbon emissions by at least 18.2 million metric tons, according to new EPA data released as the industry recently kicked
January 26, 2016 Read Full Article
Push to Change Biodiesel Tax from Blender’s to Producer’s Credit
by Mark Dorenkamp (Brownfield Ag News) The Minnesota Soybean Growers would like to see the Biodiesel Tax Credit changed from a blender’s to a producer’s credit. Under current law, blenders of biodiesel can claim a one dollar per gallon credit against
January 26, 2016 Read Full Article
RFA Issues One-Pager to Correct Anti-Ethanol Rhetoric on the Presidential Campaign Trail
(Renewable Fuel Association) In response to the anti-ethanol rhetoric that has been dominating the presidential campaign in the run-up to the Iowa caucuses, the Renewable Fuels Association (RFA) sent a one-pager to media outlets to correct the misconceptions regarding ethanol
January 22, 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
The 2016 US Outlook for Ethanol and Biodiesel
by Jim Lane (Biofuels Digest) ... “In the old days, ethanol was a political commodity,” Informa Economics Senior VP Scott Richman told the crowd assembled at the Canadian Bioeconomy Conference in Vancouver this week, organized by the Canadian Renewable Fuels Association. “Now, it’s
December 03, 2015 Read Full Article
How to Profit from Government Mandates in Biofuels
(The Energy Report/Market Oracle) New proposed EPA requirements for the renewable fuel standard program, combined with challenging sugarcane harvests in South America, could increase demand for biodiesel, creating opportunity in a struggling energy sector. In this interview with The Energy
October 07, 2015 Read Full Article
Highlights from 2013 ABLC-Next; Hot Slides, Hot Perspectives, Parts I, II, III, IV and V
by Jim Lane (Biofuels Digest) As ABLC-Next concludes, here is the first installment in a review of the hottest slides, stories, intrigue and perspective from the Big Conversation amongst the bioeconomy’s elite. ... (see these slides and others here, here, here, here and here.) Kef Kasdin, CEO, Proterro Kasdin