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
Production tax credit
Back TO HOMEThe 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
Nebraska Governor Signs SAF Tax Credit Bill
by Cindy Zimmerman (Energy.AgWired.com) Nebraska Gov. Jim Pillen has signed into law the establishment of a production tax credit for sustainable aviation fuel (SAF) in Nebraska. The SAF tax credit (LB937) will provide a $0.75 per gallon tax credit for the production of
April 25, 2024 Read Full Article
Emissions from Grid-Linked Green Hydrogen 'Could Be Worse than Brown H2'
by Orlando Jenkinson (Wind Power Monthly) Carbon emissions associated with planned green hydrogen projects could be higher than other forms of hydrogen production, depending on the source of electricity, according to a new report by energy consultancy WoodMackenzie. The company's ‘Over the
February 27, 2024 Read Full Article
Biofuel Sector Hopes for Sign from Feds
by Sean Pratt (Western Producer) Canada’s biofuel and oilseed sectors will be closely scrutinizing the federal government’s 2023 Fall Economic Statement. They hope the Nov. 21 statement provides some indication how Ottawa is going to respond to biofuel incentives contained in the
November 20, 2023 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
Renewable Natural Gas From Corn Stover
by Chris Clayton (DTN Progressive Farmer) Failed Cellulosic Ethanol Plant Became North America's Largest RNG Producer -- When DuPont shut down its cellulosic ethanol plant in 2017 after years of effort and $225 million in investment, it looked like the process
June 20, 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
Webinar: An In-Depth Look at the Transport Energy-Related Provisions of the Inflation Reduction Act
(Transport Energy Strategies) On Demand Webinar: What Exactly Is in the IRA? We now have a sweeping climate-energy legislation in the Inflation Reduction Act (IRA) with many provisions. What does the legislation mean for transport energies such as biofuels, hydrogen,
October 06, 2022 Read Full Article
Cooper Discusses Impact of IRA, Possible Rail Strike
by Erin Voegele (Ethanol Producer Magazine) Renewable Fuels Association President and CEO Geoff Cooper on Aug. 13 discussed several current issues impacting the U.S. ethanol sector, including a possible rail strike, ahead of an event held by the White House in
September 14, 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
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
Iowa Soybean Farmers, Biodiesel Producers Urge Action to Expand Biofuels Access
(Iowa Biodiesel Board/Biobased Diesel Daily) The Iowa Soybean Association and Iowa Biodiesel Board are urging the passage of House File 2128, also known as the Governor’s Biofuel Access Bill. It would improve access to and incentivize the production of homegrown biodiesel
February 02, 2022 Read Full Article
Reinventing the Battery Can Save Us From Climate Disaster
by Thor Benson (Daily Beast/Yahoo!) ... Hydrogen fuel cells—which aren’t electric batteries themselves but can work in lieu of them without the need to recharge—are another potential solution to the intermittency problem. These types of fuel cells, according to Sadoway (Donald Sadoway,
December 13, 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
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
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
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
Rural America Is Ready for Some Sort of a New Deal, Preferably Green
by Art Cullen (The Guardian) Here in farming country we have the opportunity to rethink our approach to renewable energy and food production -- ... Meanwhile, we’re losing our precious topsoil and polluting our rivers – killing the Gulf of Mexico in
March 15, 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
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
Republican Tax Package Leaves Out “Orphaned” Renewables, Biodiesel
by Jessie Stolark (Environmental and Energy Study Institute) On November 2, House leaders announced their Tax Cuts and Jobs Act (H.R. 1). Among the major proposed changes to the U.S. tax code, there are significant changes to the tax incentives offered to the
November 06, 2017 Read Full Article
National Biodiesel Board Applauds New Biodiesel Tax Credit Bill
(National Biodiesel Board) Grassley-Cantwell bill would modify the biodiesel tax credit to a production credit -- Today the National Biodiesel Board applauded the introduction of a bipartisan biodiesel tax credit bill that would convert the blender’s credit for biodiesel to
April 26, 2017 Read Full Article
Jobs and Money Take Top Billing with American Biodiesel
(National Biodiesel Board) Industry Leaders Showcase biodiesel benefits with key influencers -- When it comes to American biodiesel, jobs and economic opportunities are the hot tickets. In town from across the nation, biodiesel industry leaders are meeting with key influencers
March 08, 2017 Read Full Article
DC: The Road Ahead for Renewable Chemicals & Materials
by Corinne Young and Michele Jalbert (re:chem Alliance/Biofuels Digest) ... From our vantage point, it is – and has always been – about innovation, performance and the chance to grow advanced manufacturing in the US, so that we can compete effectively on
November 30, 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
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
Biodiesel Tax Credit Positioning Intensifies as Expiration Nears
by Ron Kotrba (Biodiesel Magazine) ... The U.S. biodiesel industry, through its trade association the National Biodiesel Board, joined a broad coalition of 50-plus industry groups calling for action on tax extenders this year by sending a letter to leaders in
September 29, 2016 Read Full Article
BIO Releases Report on Renewable Chemical Progress, Opportunities
by Erin Voegele (Ethanol Producer Magazine) The Biotechnology Innovation Organization recently released a report documenting substantial, ongoing growth in the renewable chemical industry and outlining federal and state policies that support the industry. The report, titled “Advancing the Biobased Economy: Renewable
September 26, 2016 Read Full Article
Hawaii Gov. Ige Signs Renewable Fuels Production Tax Credit
(Pacific Biodiesel Technologies/Biodiesel Magazine) Pacific Biodiesel President Robert King attended in early July the formal signing of the Renewable Fuels Production Tax Credit by Hawaii Gov. David Ige, a long-awaited incentive for biofuels producers in the state. This move supports
July 15, 2016 Read Full Article
Industry CEO Asks Senate to Extend Tax Credits for Biogas
by Cole Rosengren (Waste Dive) Steve Miller, CEO of Oregon-based Bulk Handling Systems, testified in favor of more tax credits for biogas at a U.S. Senate Finance Committee hearing last week. Miller advised a five-year energy production tax credit with a
June 22, 2016 Read Full Article
National Biodiesel Board Commends Proposed Legislation to Extend Biodiesel Tax Incentive Through 2019
(Biofuels Journal/National Biodiesel Board) The National Biodiesel Board released the following statement from Vice President of Federal Affairs Anne Steckel after Reps. Kristi Noem, R-S.D., and Bill Pascrell, D-N.J., introduced legislation to extend the biodiesel tax incentive through 2019 and reform
May 13, 2016 Read Full Article
Stimulating Investment To Grow the Biobased Economy
by Brent Erickson (Biofuels Digest/Biotechnology Innovation Organization) ... The challenge our industry faces right now is to continue building investment in the biobased economy. That can be accomplished with both policy and non-policy activities. ... On the policy front a new coordinated federal
February 29, 2016 Read Full Article
Biodiesel Production Rises in 2015 as Consumers Seek Cleaner Fuels
(National Biodiesel Board) US 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 kicks off
January 25, 2016 Read Full Article
Bill Aims for Long-Term Extension of Renewable Energy Tax Credits
by Erin Voegele (Ethanol Producer Magazine) In mid-December, Sen. Bernie Sanders, I-Vt., who is seeking the democratic presidential nomination, introduced legislation that aims to enact long-term extensions of several clean energy tax credits that benefit the bioenergy and biofuel sectors. The
January 11, 2016 Read Full Article
Obama Signs Spending Bill, Tax Extenders Legislation
by Erin Voegele (Biodiesel Magazine) On Dec. 18, President Obama signed a $1.1 trillion spending bill and accompanying legislative package of tax extenders into law. The legislation includes two-year extensions of several tax credits that benefit the bioenergy sector. On the
December 30, 2015 Read Full Article
Lifting the U.S. Crude Export Ban: Impact on Oil, Biofuels, Wind & Solar & the Evolution of the U.S. Energy Landscape
(Genscape) Now in the hands of president Obama for final sign off, the budget deal that could end the 1975 oil export ban, could also extend investment and Production Tax Credits (ITC and PTC) that support wind and solar energy. The
December 18, 2015 Read Full Article
Biodiesel Leaders Press Congress on Reformed Tax Credit
(National Biodiesel Board) Critical Incentive Has Remained Expired All Year -- Nearly 100 biodiesel leaders from across the country will press lawmakers on Capitol Hill Tuesday to reinstate the biodiesel tax incentive as a domestic production credit in line with
November 17, 2015 Read Full Article
BIO Applauds Renewable Chemicals Act Bill
by Joanna Schroeder (DomesticFuel.com) Senators Debbie Stabenow (D-MI), Chris Coon (D-DE) and Al Franken have introduced a new bill, S. 2271 the Renewable Chemicals Act of 2015. If passed, the legislation would amend the Internal Revenue Code of 1986 to
November 13, 2015 Read Full Article
“The Time Is Ripe” for a Renewable Chemical Production Tax Credit
by Corinne Young and Michele Jalbert (Biofuels Digest/Renewable Chemicals and Advanced Materials Alliance (re:chem)) ... Buoyed in wake of our successful Farm Bill expansion of USDA 9003 loan guarantees to renewable chemicals/bioproduct manufacturing and progress toward bipartisan TSCA reform, re:chem remains
July 27, 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,