by Erin Voegele (Ethanol Producer Magazine) The U.S. Treasury Department and the Internal Revenue Service on Jan. 6 issued final regulations regarding the section 45Q tax credit for qualified carbon oxide sequestration. The
Tag "tax credit"
by Jay Bartlett and Alan Krupnick (Resources for the Future) This report examines tax credits that could make hydrogen energy more competitive in the US industrial and power sectors, and
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
by Meghan Sapp (Biofuels Digest) In Washington, the chairman of the House Agriculture Committee announced the food and agriculture provisions of the latest COVID relief deal moving through the House and
by Dave Collings (1898 & Co./Burns & McDonnell) Renewable diesel — also known as green diesel, hydrotreated vegetable oil, or hydrotreated esters and fatty acids — has now gained widespread
by Jeff Overton (Environmental and Energy Study Institute) As the aviation industry recovers from the severe contraction caused by the pandemic, sustainable aviation fuels (SAFs) will be essential to help
(Environmental and Energy Study Institute) Briefing Series: By Air, Land, and Sea: Navigating the Climate Future — The Environmental and Energy Study Institute (EESI) held a briefing series on climate mitigation and adaptation in the
(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
(S&P Global Platts/Markets Insider) S&P Global Platts (“Platts”), the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced the launch of renewable diesel
by Jim Lane (Biofuels Digest) It’s possible to summarize the advanced bioeconomy in three words, technology, investment, policy. These are the sine qua non, the foundational forces. Technology without investment and
(Office of Representative Julia Brownley (D-CA 26)) Congresswoman Julia Brownley (D-CA) introduced the Sustainable Aviation Fuel Act, legislation to incentivize the production of sustainable aviation fuel and help the aviation sector
by Erin Voegele (Biomass Magazine) Nebraska Gov. Pete Ricketts on Aug. 20 signed LB 1107, a legislative package that includes a production tax credit for renewable chemicals and provides property tax
by Robert Tuttle (Bloomberg) The latest sign of a worldwide energy transition: Massive oil refineries across the western U.S. are being converted into biofuel plants. Phillips 66 on Wednesday became the latest
(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
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
by Jim Lane (Biofuels Digest) Michael McAdams from Advanced Biofuels Association shared this short but illuminating slide guide at ABLC Digital last week to look at the big 2020 issues
by Robert Kozak* (Advanced Biofuels USA/Atlantic Biomass, LLC) Today the US House of Representatives Democratic Select Committee on Climate Change released their ideas for a “Clean Energy Economy.” Interestingly, this
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
(Global CCS Institute) The Global CCS Institute, an international think tank, has added 10 carbon capture and storage (CCS) facilities to its global database, bringing the total number of CCS facilities in various stages
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
by Fred Ghatala (Atlantic Council) The aviation sector has been working to decarbonize, but it faces unique challenges since decarbonization options that may work for ground or maritime transport are generally not
(Car and Driver) Are you thinking about switching to a biodiesel-compatible vehicle or running your current diesel car or truck on biodiesel fuel? Continue reading to learn the pros and
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
by Lisa Martine Jenkins (Morning Consult) — 38% of voters support a bailout for the oil and gas industry, compared to 54% backing for a renewables industry bailout. — Republicans
(Biotechnology Innovation Organization) Maine is speeding up its transformation to a 21st-century, biobased economy with the passing of the Renewable Chemicals Tax Credit, which will foster the production of environmentally
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
(U.S. Department of Justice) A Colorado resident was sentenced to 83 months in prison on Friday for his role in a biodiesel tax credit fraud scheme, announced Principal Deputy Assistant Attorney
by Ellen Essman (Ohio Law Blog/Ohio’s Country Journal) … House Bill 400 “To authorize a nonrefundable income tax credit for the retail sale of high-ethanol blend motor fuel.” … The
by Kelsey Tamborrino (Politico’s Morning Energy) Almost two years after Congress initially expanded a tax incentive for carbon capture and sequestration projects as part of its 2018 budget bill, the IRS
by Cácia Pimentel* (Advanced Biofuels USA) On February 15th the Center on Global Energy Policy (CGEP) Carbon Management Research Initiative and the Women in Energy program hosted a panel of experts to
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
(U.S. House Committee on Energy and Commerce) Energy and Commerce Committee Chairman Frank Pallone, Jr. (D-NJ), Environment and Climate Change Subcommittee Chairman Paul Tonko (D-NY) and Energy Subcommittee Chairman Bobby L.
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
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
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
by James Osborne (Houston Chronicle) Almost two years after Congress passed a law more than doubling tax credits for power and industrial plants that build systems to prevent carbon dioxide emissions,
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,
by Kelsey Tamborrino (Politico’s Morning Energy) New Jersey Sen. Bob Menendez called on the IRS’ watchdog to open an investigation into potentially fraudulent claims for the tax credit to capture
by Jim Lane (Biofuels Digest) In Mississippi, Velocys’ Bayou Fuels project has signed with Oxy Low Carbon Ventures to capture carbon dioxide from Velocys’ planned Bayou Fuels biomass-to-fuels project in
by Erin Voegele (Biomass Magazine) Sens. Sherrod Brown, D-Ohio, and Pat Roberts, R-Kan., reintroduced the Agricultural Environmental Stewardship Act on Sept. 24. The bill aims to expand the biogas market by
(Internal Revenue Service/Federal Register) … The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to
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
by Ken Anderson (Brownfield Ag News) Leaders in the renewable fuels industry say it’s urgent that President Trump fix the demand destruction and “economic crisis” created by RFS waivers. Ron Heck of
(NGVAmerica/NGV Journal) NGVAmerica members hosted a facility tour and policy roundtable with Senator Ted Cruz (R-TX) to discuss the importance of parity for natural gas powered vehicles.VIA Metropolitan Transit, San Antonio’s
by Erin Voegele (Ethanol Producer Magazine) Aemetis Inc. released second quarter 2019 financial results Aug. 8. The company reported strong growth for its biodiesel business in India, outlined improvement projects underway
by Geoff Cooper (Renewable Fuels Association/Washington Post) I was surprised to see in Catherine Rampell’s July 26 op-ed, “The Grand Old Socialist Party,” a line about “big fat federal government subsidies
by Dino Grandoni and Steven Mufson (Washington Post) … GM, like a fleet of other car manufacturers, is seeking the extension of a tax break that has for a decade helped sustain the
by Lisa Gibson (Ethanol Producer Magazine) Under new size specifications for the 45Q tax credit, almost all ethanol plants are eligible, said Jamey Cline, in business development for Christianson PLLP. With
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,
(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
by Paul Dwyer (WABI TV) Lawmakers discussed a bill Wednesday aimed at encouraging investment in bio-biased manufacturing to create jobs, bring more business into Maine, and help fight climate change. The
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
(California Ethanol & Power) Today, California Ethanol & Power, LLC (CE&P) announced that it was awarded a $10 million income tax credit as part of the California Governor’s Office of Business
by Helena Tavares Kennedy (Biofuels Digest) … What was a nationwide celebration and peaceful demonstrations for environmental reform in the U.S. by some estimated 20 million Americans, Earth Day events have now expanded
(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,
by Debi Durham (Iowa Economic Development Authority/Biofuels Digest) … Toward that end, Iowa offers incentives such as the Research Activities Tax Credit to alleviate the potential financial risk associated with
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
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.
by Erin Voegele (Ethanol Producer Magazine) A group of advanced biofuel producers are urging leaders of the U.S. House Committee on
by Josh Siegel (Washington Examiner) Republicans who want to combat climate change say their party should avoid the temptation of rejecting
by Jeff Hove (Biodiesel Magazine) Jeff Hove, vice president of NATSO’s Alternative Fuels Council, provides perspective on current political, regulatory and
by Matt Thompson (Ethanol Producer Magazine) … A waiter in a Cedar Rapids restaurant, for instance, recently asked Shaw (Monte Shaw,
by Liam Sigaud (American Consumer Institute) … These subsidies overwhelmingly benefit the wealthy. Tesla buyers, for example, had an average household income of
(National Biodiesel Board) Ways & Means Chairman Kevin Brady’s (R-TX) tax proposal includes a multi-year extension and phaseout of the biodiesel
by Jim Lane (Biofuels Digest) A wide array of federal incentives supports the development and deployment of alternatives to conventional fuels
by Megan Keller and Timothy Cama (The Hill) White House chief economic adviser Larry Kudlow said on Monday the Trump administration
by Timothy Cama (The Hill) House Democrats are planning to hold two days’ worth of hearings on the impacts of climate change and
by Ron Kotrba (Biodiesel Magazine) A group of 60 organizations representing diverse business, energy, transportation, real estate and agriculture sectors has
by Ron Kotrba (Biodiesel Magazine) While oil refiners adding a small percentage of renewable feedstock to their operations sounds simple, the
by Michael McAdams (Advanced Biofuels Association) … When testifying recently before the Senate Environment and Public Works Committee, the acting administrator
(National Biodiesel Board) Allowing year-round use of E15 is a positive step for ethanol, but doesn’t support biodiesel — Today, the National
by Lauren Colandreo (Bloomberg) … Last fall, Oregon enacted the Bovine Manure Tax Credit, which offers bovine manure producers and collectors a
by Jeff Hove (Biodiesel Magazine/Alternative Fuels Council) Alternative fuels such as biodiesel represent an important growth opportunity for fuel marketers nationwide.
(U.S. Department of Justice) A federal grand jury sitting in the District of Utah has returned an indictment, which was unsealed
by Frank Jossi (Energy News) A federal tax credit passed earlier this year could increase the amount of carbon being stored
by Jim Lane (Biofuels Digest) Bottom line, if you’re in the business of financing a renewable fuels project with a loan
(U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Environment) … A number of exogenous policies have greatly impacted
by James Osborne (Houston Chronicle) The Houston oil company Occidental Petroleum is studying a carbon capture project to deliver carbon dioxide
(U.S. Energy Information Administration/Ethanol Producer Magazine) Federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped
(Stanford University/Phys.Org) Although considered critical to avoiding catastrophic global warming, the feasibility of removing carbon dioxide from the atmosphere and storing
by Joshua D. Rhodes (University of Texas at Austin Energy Institute) Expanded Carbon Credit Could Spur New Coal Power Investment — The
by Jim Lane (Biofuels Digest) Have you ever wondered why corn farmers march for the RFS, but Wall Streeters don’t? Or
(Algae Biomass Organization) In a historic victory for algae and other microbial technologies, Congress late last night approved a two-year budget
by Emma Foehringer Merchant (GreenTechMedia) Expanded credits in the budget bill could “absolutely make the difference” for the economic viability of carbon
(Algae Biomass Organization) In a historic victory for algae and other microbial technologies, Congress late last night approved a two-year budget
(Wisconsin Clean Cities) The Bipartisan Budget Act of 2018, signed into law by President Trump today, included provisions to extend
by David Bennett (Convenience Store Decisions) Whether it’s teaming with Tesla to install charging stations or integrating alternative fuel solutions, retailers are
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) Last year was among the most active and interesting years we’ve seen in the
(25 x ’25 REsource) As Congress ratchets up its ongoing budget battles – the continuing resolution that is currently funding the
(Fuels Institute) A report released today (December 12, 2017) by the Fuels Institute finds a strong disconnect between what potential
by Brent Erickson (Biotechnology Innovation Organization) … BIO has led the effort to prompt Congress to recognize the important and emerging
(Bioenergy Insight) The American Biogas Council (ABC) has welcomed the introduction of a new bill in Congress which would extend the
by Steven Mufson and Chris Mooney (The Washington Post) The White House has branded this week “energy week,” rolling out
by John Fialka (E&E News/Climatewire) In May 2016, investigators from the Government Accountability Office assembled a panel of 19 experts
by Jim Lane (Biofuels Digest) In Iowa, Governor Terry Branstad has signed the Rebuild Iowa Infrastructure Fund bill (HF 643), which
by Jim Lane (Biofuels Digest) In Washington, Senate Finance Committee Ranking Democrat Ron Wyden (Ore.) and colleagues introduced a clean
(American Cleaning Institute) ACI praises Rep. Randy Weber’s “Stop Animal Fat Tax Credits Act,” Urges Its Inclusion in Tax Reform
by Dawn Carlson (Des Moines Register/Petroleum Marketers and Convenience Stores of Iowa) …Unfortunately, our state Legislature is considering legislation that
by Chris Clayton (DTN The Progressive Farmer) Leaders Tout Potential Growth, Challenges for Renewable Refinery Products — … Whether it is
by Steve Hardy (The Advocate) Environmentalists and industrialists find themselves standing shoulder to shoulder as they try to maintain a
by Nicolas Loris (DownsizingGovernment.org/The Heritage Foundation) … The problem is not with the voluntary use of biofuels in the marketplace, but
by Chris Lusvardi (Herald & Review) Legislation introduced in Springfield could boost efforts to attract bio-based businesses to Decatur and
(Triangle Biofuels Industries, Inc.) For most, it’s hard to guess what is going to happen for biodiesel under the Trump
by Jim Lane (Biofuels Digest) … This Administration is a team, so long as you generally understand that there’s one guy
(New York State Senate) Clean Heating Fuel Tax Credit: The 2016-17 budget extended the Clean Heating Fuel Tax Credit from
(Vermont Business Magazine) … Welch (Representative Peter Welch (D-VT)) will reintroduce the bipartisan Renewable Fuel Standard (RFS) Reform Act, which
(National Biodiesel Board/Biodiesel Magazine) The National Biodiesel Board sent a letter to House and Senate tax committee leaders urging extension of
by Ron Kotrba (Biodiesel Magazine) For better or worse, the U.S. biodiesel industry continues to consolidate. While 2014-’15 has been
by Jim Lane (Biofuels Digest) In Missouri, the National Biodiesel Board has named Donnell Rehagen as the trade group’s chief
by Mark J. Perry (South Coast Today/American Enterprise Institute) … No question, there is a lot of hype about wind power being
by Shelby Shepherd (KWQC) An hour before Trump and Clinton battled it out in Las Vegas, Iowa’s U.S. senate candidates
(Biotechnology Innovation Organization) BIO today (October 18, 2016) sent a letter to Congressional Leadership, the Senate Finance Committee Chairs, and the
(U.S. Department of Justice) The owners of an Indiana biofuel producer pleaded guilty to conspiracy, fraud and false statements for
by George Lurie (The Business Journal) In a first-of-its-kind ruling, the U.S. Environmental Protection Agency (EPA) has approved Pacific Ethanol’s
by Scott Irwin (Farm Doc Daily/University of Illinois at Urbana-Champaign) RINs prices have been making headlines in recent months, with
by Jack Fitzpatrick (Morning Consult) Two conservative organizations and an environmental group are opposing the extension of tax credits for certain renewable
by Liz Mathis (Marion Times) Here in Iowa, we encourage gas stations to install flex fuel pumps and other equipment
by Ron Kotrba (Biodiesel Magazine) … The U.S. biodiesel industry, through its trade association the National Biodiesel Board, joined a broad
by Joanna Schroeder (Energy.AgWired.com) Another federal bill has been introduced to extend the biodiesel tax credit. Rep. Diane Black (R-Tenn.)
(Pacific Ethanol/Globe Newswire) Now generating valuable D3 cellulosic RINs – Expects to produce over one million gallons per year of cellulosic
by Mike Chisam (The Hays Daily News) A recent article in the Hays Daily News, titled “Subsidized madness,” makes erroneous claims
(Pacific Biodiesel Technologies/Biodiesel Magazine) Pacific Biodiesel President Robert King attended in early July the formal signing of the Renewable Fuels
(U.S. Department of Justice) Thomas Davanzo, of Estero, Florida, and Robert Fedyna, of Naples, Florida, pleaded guilty today for their
by Cole Rosengren (Waste Dive) Steve Miller, CEO of Oregon-based Bulk Handling Systems, testified in favor of more tax credits for
(Biofuels Journal) It just makes sense! That’s the sentiment from the Iowa Biodiesel Board and other supporters as Iowa Governor
(Biofuels Journal/National Biodiesel Board) The National Biodiesel Board released the following statement from Vice President of Federal Affairs Anne Steckel after
by Chris Clayton (DTN The Progressive Farmer) … Ethanol also remains stuck in a battle with EPA over vapor pressure with
by Jim Lane (Biofuels Digest) … Cellulosic fiber makes up approximately 10% of the corn kernel and cannot be converted
by Jim Lane (Biofuels Digest) … This week, U.S. Senator Sheldon Whitehouse (D-RI) introduced an amendment that would provide tax credit
by Austin Harrington (Ames Tribune) Iowa Gov. Terry Branstad and Lt. Gov. Kim Reynolds came to Iowa State University Wednesday to
(Biotechnology Innovation Organization/Business Wire) Today, six biofuel trade associations sent a letter to House and Senate leaders asking Congress for
(Iowa State University Bioeconomy Institute) A new white paper has found that Iowa is better positioned than many domestic competitors to
by Giles Parkinson (Clean Technica) Ever hear the story about why renewable energy can’t compete without a subsidy? You hear
by Jim Lane (Biofuels Digest) … So, how fast did petroleum expand production, in comparison to low-carbon renewable fuels? … One thing
by Ron Kotrba (Biodiesel Magazine) After an extended period of policy uncertainty, the final renewable fuel standard (RFS) rule and
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) … Second, we have both retroactive and forward-facing tax credits. For the first time
(Renewable Fuel Association) In response to the anti-ethanol rhetoric that has been dominating the presidential campaign in the run-up to
by George C. Ford (The Gazette) Authors contend state offers ‘discernible advantages’ — A report released Thursday (January 13, 2016)
by Jim Lane (Biofuels Digest) Sometimes, the set-up of the transition from fossil fuels is as pretty and impractical as
by Charles Lane (Washington Post) In August 2010, I proposed this wager to a fellow journalist: President Obama’s declared goal
by Erin Voegele (Ethanol Producer Magazine) In mid-December, Sen. Bernie Sanders, I-Vt., who is seeking the democratic presidential nomination, introduced
by Jim Lane (Biofuels Digest) They’re here. $2.05 per gallon, at-scale, domestically produced advanced renewable fuels — utilizing non-food feedstocks
by Erin Voegele (Biodiesel Magazine) On Dec. 18, President Obama signed a $1.1 trillion spending bill and accompanying legislative package
(American Coalition for Ethanol/Ethanol Producer Magazine) Bipartisan congressional approval of recent legislation restoring tax credits for retail fuel station owners
by Jim Lane (Biofuels Digest) … Q. How have the US elections and the regulatory situation in the US impacted development
by Varun Sivaram and Michael Levi (Council on Foreign Relations) … In this post we’re going to estimate the climate
by Jim Lane (Biofuels Digest) … “In the old days, ethanol was a political commodity,” Informa Economics Senior VP Scott Richman
Growth Energy to IRS: Ethanol Plants Ready to Capture More Carbon
(Growth Energy) Today, Growth Energy CEO Emily Skor submitted written comments on the Internal Revenue Service’s (IRS) proposed regulations under section 45Q, a performance-based tax credit for carbon capture projects. In her letter, Skor called on