by Jennifer Nichols (Atlantic News Telegraph) ... (Congressman Cindy) Axne, along with USDA’s Under Secretary of Agriculture for Rural Development Xochitl Torres Small visited Elite Octane Tuesday morning, and said the bill includes $2 billion for the Rural Energy for
tax credits
Back TO HOMERFA Has Praise and Concern for the Latest Build Back Better Framework
by Larry Lee (Brownfield Ag News) ... (Geoff) ”Cooper says RFA is concerned about the language regarding how the carbon emissions of different sustainable aviation fuel pathways are assessed and measured. Cooper says he is excited about the carbon performance tax credit
November 02, 2021 Read Full Article
Heard on the Floor at ABLC 2021 – October 28
by Jim Lane (Biofuels Digest) ABLC 2021 continues today with its theme of ““building a bridge to Net Zero” after a flurry of announcements buzzed around the floor yesterday, as the 560 delegates grappled with the immense opportunities and supply chain
October 30, 2021 Read Full Article
Opinion: Ahead of UN Climate Conference, Here’s Why Biden Must Embrace Biofuels
by By Rep. Randy Feenstra (Agri-Pulse) ... As gasoline prices skyrocket and President Biden and congressional Democrats are increasingly compelled to reduce carbon emissions, the facts paint a clear picture: Now is the time for Biden to embrace biofuels. Iowa leads the
October 30, 2021 Read Full Article
This Plant-Based Jet Fuel Can Reduce Emissions by 68% – Without Displacing Crops
(Good News Network) Replacing petroleum-based aviation fuel with a sustainable alternative derived from a type of mustard plant can reduce carbon emissions by up to 68%, according to new research from a University of Georgia scientist. Puneet Dwivedi led a team
October 26, 2021 Read Full Article
North Dakota Regulators Approve First Carbon Storage Project in 'Landmark Day'
by Amy R. Sisk (Bismarck Tribune) North Dakota regulators granted several approvals Tuesday for what's expected to become the first carbon dioxide storage project in the state at an ethanol plant near Richardton. The project at Red Trail Energy aims to
October 20, 2021 Read Full Article
Ethanol Infrastructure Efforts Keep Expanding
by Robert White (Renewable Fuels Association/Ethanol Producer Magazine) Significantly increasing the use of low-carbon renewable fuels like ethanol follows along different tracks. Legislatively, for example, there’s the bipartisan Clean Fuels Vehicle Act of 2021, which would provide incentives for automakers to build
October 07, 2021 Read Full Article
U.S. States Push to Surpass World Emissions Norms on Aviation
by David Shepardson and Allison Lampert (Reuters) U.S. President Joe Biden's administration should exceed global standards designed to curb emissions from flights, as pressure mounts to limit the sector's greenhouse gases, five states told the White House in a letter seen by Reuters. Major
October 06, 2021 Read Full Article
Blender's Tax Credit Gains Steam on Capitol Hill
by Kerry Lynch (AIN Online) The concept of a blender's tax credit to boost the availability of sustainable aviation fuel (SAF) is gaining momentum with the U.S. House Ways and Means Committee agreeing last week to include such a measure in
September 30, 2021 Read Full Article
Opinion: Why I’ve Fought for Biofuels through Congress’ Infrastructure Debate
by Rep. Cindy Axne (D-IA 3rd) (Agri-Pulse) ... Starting this spring, I made it my mission to help members of the Biden Administration, the Senate, and my own colleagues in the House understand the key advantages of biofuels – from
September 24, 2021 Read Full Article
Decarbonizing Aviation: The Digest’s 2021 Multi-Slide Guide to LanzaJet
by Jim Lane (Biofuels Digest) Lanzajet says we are at an inflection point for the sustainable aviation industry. Why? How? What’s LanzJet’s role in it all? How are they driving innovation and accelerating deployment of SAF? What’s the status of
September 22, 2021 Read Full Article
Electric Vehicle Tax Credits Take Preference over Biofuels in Democratic Spending Package
by Ben Nuelle (Agri-Pulse) The key committee provisions in the $3.5 trillion reconciliation package show that Democrats in Congress are in line with President Joe Biden’s vision to put electric vehicles — not biofuels — at the forefront of the
September 22, 2021 Read Full Article
US Refiners Delve Deeper into SAF Production on Policy Support Hopes
(Hellenic Shipping News) Some US refiners are considering adding sustainable aviation fuel to their renewable diesel production plans, spurred by higher demand from airlines seeking lower carbon footprints and the likelihood of increased policy support, some analysts said. “Jet and diesel are
September 21, 2021 Read Full Article
Vilsack Discusses Sustainable Aviation Fuel
by Cindy Zimmerman (Energy.AgWired.com) During an appearance before the Agricultural Business Council of Kansas City and Agri-Pulse Ag Outlook Forum Monday, Secretary of Agriculture Tom Vilsack addressed concerns about the proposed tax credit for sustainable aviation fuel that it might leave out corn and soybean
September 21, 2021 Read Full Article
Voos Altos e Sustentáveis no Futuro
by Laís Forti Thomaz and Cacia Pimentel (Estadão) O que a nova iniciativa dos Estados Unidos e a Organização Internacional da Aviação Civil (ICAO) podem representar para o Brasil? O governo dos Estados Unidos realizou uma reunião com integrantes de toda
September 20, 2021 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
Not so Fast: But Biofuel and Agriculture Advocates Are Sounding the Alarm
by Matthew Choi (Politico's Morning Energy) Not so fast: But biofuel and agriculture advocates are sounding the alarm over the language of a proposed $1.25-$1.75 sustainable aviation fuel tax credit, which they argue would make the administration's new SAF targets extremely difficult to achieve.
September 13, 2021 Read Full Article
Fact Sheet: Biden Administration Advances the Future of Sustainable Fuels in American Aviation
(White House) New Actions Aim to Produce Three Billion Gallons of Sustainable Fuel, Reduce Aviation Emissions by 20% by 2030, and Grow Good-Paying, Union Jobs -- Today (September 9, 2021), President Biden is taking steps to coordinate leadership and innovation across
September 10, 2021 Read Full Article
Blue Hydrogen for Transport in the US: The Transition to Green Hydrogen & the Conduit to Keeping Pace with the EU
by Salim Rahemtulla (PowerTap Hydrogen Fueling Corp./Biofuels Digest) As the U.S. Department of Energy (DOE) indicates in its Hydrogen Program Plan it published in 2020, “Hydrogen, as a versatile energy carrier and chemical feedstock, offers advantages that unite all of
September 08, 2021 Read Full Article
Sustainable Jet Fuel Incentives Make Wish List for Spending Bill
by Lillianna Byington (Bloomberg Government) Lawmakers and industry are pushing for incentives to make flying greener as part of a $3.5 trillion tax and spending bill. Democrats, who are prioritizing environmental projects in budget negotiations, say they see support for provisions such
September 06, 2021 Read Full Article
Klobuchar, Colleagues Urge Schumer, Pelosi to Support Homegrown Renewable Fuels in Reconciliation Package
(Office of Amy Klobuchar (D-MN)) U.S. Senators Amy Klobuchar (D-MN), Tammy Duckworth (D-IL), Tammy Baldwin (D-WI), Tina Smith (D-MN), and Dick Durbin (D-IL) and Representatives Cindy Axne (D-IA), Angie Craig (D-MN), Cheri Bustos (D-IL), and Mark Pocan (D-WI) sent a letter
September 03, 2021 Read Full Article
Watch Now: Federal Lawmakers Stress Importance of Biofuels in Cutting Carbon Emissions
(Pantagraph) ... The renewable fuel, produced from plants like corn and soybeans, is big business in the Midwest, providing a key market for farmers and helping support thousands of jobs in mostly rural areas. A half-dozen federal lawmakers heard from some
September 02, 2021 Read Full Article
The Oil Industry’s Bright Green Energy Future
by Mike Newman (Parhelion Underwriting) The Oil industry is under pressure on many fronts in the climate change era and faces an existential threat from alternative, renewable sources of energy – but the industry is also best-positioned to win the
September 01, 2021 Read Full Article
Pipelines Seek to Hit Net-Zero Ethanol-- Carbon Pipelines Offer Ethanol Lower Carbon Footprints and Tax Credits
by Chris Clayton (DTN Progressive Farmer) After years of battles over oil pipelines, two companies are pitching carbon dioxide pipelines that would crisscross six states and combine to sink as much as 24 million metric tons of carbon emissions into geologic
August 25, 2021 Read Full Article
Aemetis CCS Drilling Study by Baker Hughes Confirms Feasibility of Sequestering Two Million MT per Year of CO2 at California Ethanol Plant Sites
(Aemetis/Globe Newswire) Engineering and Permitting in Process for Two CO2 Injection Characterization Wells related to Aemetis Keyes and Riverbank Biofuels Plant Sites -- A new study concluded that more than 2 million metric tonnes (MT) per year of CO2 can be
August 18, 2021 Read Full Article
160+ Groups Call on Congress to Include Carbon Management Provisions in Legislation
(ScalingCarbonManagement.com) More than 160 companies, labor unions, conservation and environmental groups and other organizations at the national, state and local level are calling on Congressional leaders to include in any moving legislative package a portfolio of priority carbon management policies, which
August 16, 2021 Read Full Article
Exclusive-Exxon, Chevron Look to Make Renewable Fuels without Costly Refinery Upgrades -sources
by Laura Sanicola (Reuters) ... The companies (Exxon and Chevron) are looking into how to process bio-based feedstocks like vegetable oils and partially-processed biofuels with petroleum distillates to make renewable diesel, sustainable aviation fuel (SAF) and renewable gasoline, without meaningfully increasing
August 12, 2021 Read Full Article
Exclusive: U.S. Weighs 2050 Target in Bid to Wean Airlines off Fossil Fuels
by Allison Lampert and Stephanie Kelly (Reuters/US News and World Report) U.S. President Joe Biden's administration is quietly discussing a target date of 2050 for weaning aircraft off fossil fuels as part of the White House's broader push to fight
August 11, 2021 Read Full Article
Biofuel and Ag Leaders Call for Accountable Life Cycle Analysis for SAF Tax Credits
(National Farmers Union) On Friday, Growth Energy, American Farm Bureau Federation, National Biodiesel Board, National Corn Growers Association, National Farmers Union, and the Renewable Fuels Association sent a letter to the U.S. Senate Committee on Finance and the U.S. House of
August 10, 2021 Read Full Article
European Union Extends Tariffs on U.S. Biodiesel for 5 Years
(Wisconsin Ag Connection/US Ag Net) The European Union will retain its tariffs on U.S. biodiesel for an additional five years after concluding that removing them would likely lead to a surge of imports at artificially low prices. According to Reuters, the
August 05, 2021 Read Full Article
Ethanol Producers Must Start Now to Support RFA’s Net-Zero Commitment
Donna Funk (KCoe Isom) How the Attainment of Net-Zero will Pay Off for Ethanol Plants in the Short- and Long-term -- The Renewable Fuels Association (RFA) has announced its commitment: Ethanol will achieve net-zero greenhouse gas emissions by 2050 (or sooner), and
August 05, 2021 Read Full Article
Plotting CCUS: Clean Air Task Force Is Out with an Updated Map of Carbon Capture Projects
by Matthew Choi (Politico's Morning Energy) Clean Air Task Force is out with an updated map of carbon capture projects in the U.S. today, tracking sustained growth in the sector over the past few years. More than 40 projects have
July 29, 2021 Read Full Article
Carbon Connector: The Summit Carbon Solutions’ Pipeline
by Lisa Gibson (Ethanol Producer Magazine) The Summit Carbon Solutions’ pipeline, a visionary multi-billion dollar project in the making representing about 15% of the U.S. ethanol industry, will allow producers to permanently sequester their carbon dioxide and cut their CI
July 28, 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
US Renewable Diesel Capacity Projected to Hit 5.1 Billion Gallons per Year by 2024
by Ron Kotrba (Biobased Diesel Daily) Renewable diesel production capacity in the United States is forecast to grow from 600 million gallons per year (gpy) at the end of 2020 to 5.1 billion gpy by 2024, according to the U.S. Energy
July 27, 2021 Read Full Article
New Bipartisan Legislation to Reduce Digester Costs for US Farmers
(Bioenergy Insight) Bipartisan legislation has been introduced by US Senators to encourage investment in biodigester and nutrient recovery systems while establishing a new market for farmers. The Agricultural Environmental Stewardship Act, a bill brought forward by US Senators John Thune and Sherrod
July 27, 2021 Read Full Article
Carbon-Capture Pipelines Offer Climate Aid; Activists Wary
by Stephen Groves (Associated Press) Two companies seeking to build thousands of miles of pipeline across the Midwest are promising the effort will aid rather than hinder the fight against climate change, though some environmental groups remain skeptical. The pipelines would stretch
July 26, 2021 Read Full Article
An Open Letter to President Biden on Competition for Climate Change Reduction Businesses
by Bob Kozak (Atlantic Biomass/Biofuels Digest) Dear President Biden, For someone who says competition is the key to American economic success, “A fair, open, and competitive marketplace has long been a cornerstone of the American economy, while excessive market concentration threatens basic
July 22, 2021 Read Full Article
Alaska Aims to Become ‘Most Fuel-Efficient’ US Airline: CEO
by Pilar Wolfsteller (Flight Global) Alaska Airlines is aiming to become the most fuel-efficient US airline in the next five years, the airline’s chief executive says. During a 30 June webinar sponsored by The Washington Post, Ben Minicucci outlined the Seattle-based carrier’s ambitious sustainability
July 07, 2021 Read Full Article
Rep. Axne Proposes Bipartisan Tax Credit to Expand Use of Low-Carbon Renewable Fuels, Incentivize Higher Blends of Biofuel
(Office of Rep. Cindy Axne (R-IA-03) The Low Carbon Biofuel Credit Act was introduced today with Rep. Adrian Smith, Senators Klobuchar and Thune -- Today, Rep. Cindy Axne (IA-03) introduced bipartisan, bicameral legislation to expand the use of low-carbon renewable
July 02, 2021 Read Full Article
Biofuels Big Day on The Hill
by Matthew Choi (Politico's Morning Energy) Minnesota Sen. Amy Klobuchar (D) will unveil a package of bills today with two of her Republican colleagues to boost biofuels infrastructure. Klobuchar and Sen. Joni Ernst (R-Iowa) will introduce the Biofuel Infrastructure and Agricultural Product Market Expansion
June 30, 2021 Read Full Article
Six Reasons to Support a Blender’s Tax Credit for Sustainable Aviation Fuel
by Alexander Laska (Third Way/Biofuels Digest) ... According to the International Civil Aviation Organization, one of the most impactful things we can do to reduce aviation emissions is get more sustainable aviation fuel —”drop-in” fuels that can be used in today’s aircraft and
June 29, 2021 Read Full Article
US SAF Producers Target Net Zero in Drive to Reduce the Carbon Intensity of Their Fuels
by Susan van Dyk (GreenAir Online) The recent virtual symposium hosted in the US by CAAFI, the Commercial Aviation Alternative Fuels Initiative, illustrated the increasing momentum in sustainable aviation fuel (SAF) commercial development, with companies at different stages of development outlining ambitious
June 28, 2021 Read Full Article
Alliance for Aviation Across America, National and Local Leaders, Highlight the Benefits of General Aviation Investments in Sustainable Fuel and Technologies to Local Communities and the Need for Ongoing Federal and Local Support
(Aviation Pros/Alliance for Aviation Across America) On June 10, the Alliance for Aviation Across America held a panel discussion with state and local leaders to highlight commitments and investments made by the general aviation industry in sustainable aviation fuel (SAF) and
June 19, 2021 Read Full Article
Biden Hits Roadblocks on Path to Low-Carbon Economy
by James Osborne (Houston Chronicle) ... The decision by a Louisiana federal judge Wednesday requiring the Department of Interior to end its pause on oil and gas leasing came as the administration’s plan to spend hundreds of billions of dollars
June 18, 2021 Read Full Article
Grassley, Cantwell Introduce Legislation to Support Biodiesel Industry
(Office of Senator Chuck Grassley (R-IA)) Sens. Chuck Grassley (R-Iowa) and Maria Cantwell (D-Wash.) today introduced legislation to support the biodiesel industry, continue to broaden America’s energy independence. The bipartisan Biodiesel Tax Credit Extension Act of 2021 would extend the current
May 26, 2021 Read Full Article
Biofuels Industry Wary of Tech-Neutral Tax Credit Absent CI Model Changes
by Patrick Newkumet (OPIS) Alternative low-carbon fuel producers would receive tax credits for reaching net-zero emissions under a U.S. Senate bill introduced last month, but biofuel industry stakeholders are concerned they will find it difficult to reach that target by 2030
May 21, 2021 Read Full Article
Schneider Introduces Bill to Decarbonize Aviation, Fulfill Climate Commitments
(Office of Congressman Brad Schneider (D-IL-10)) Sustainable Skies Act would boost incentives to use Sustainable Aviation Fuel which cuts aviation emissions by 50% or more -- Today, Congressman Brad Schneider (IL-10) introduced the Sustainable Skies Act, new legislation to fight carbon emissions
May 20, 2021 Read Full Article
Valadao Helps Introduce Bill to Extend Federal Tax Credits on Biodiesel, Renewable Fuels
by John Cox (Bakersfield.com) Legislation introduced Tuesday by congressmen including Rep. David Valadao, R-Hanford, would extend federal tax credits supporting the production of biodiesel and other renewable fuels seen as key to Kern's economic diversification push. The bill, dubbed the Biodiesel,
May 20, 2021 Read Full Article
U.S. House Panel Discusses Low-Carbon Fuel with Airline, Biofuel Industries
by Stephanie Kelly and David Shepardson (Reuters) Members of a U.S. House of Representatives subcommittee met on Tuesday with representatives from the biofuels and airline industries to discuss ways to expand production of low-carbon aviation fuel, the subcommittee chair told Reuters. The
May 06, 2021 Read Full Article
How Biofuels Giant Neste Transforms America’s French Fry Grease into Clean Diesel
by Christopher Helman (Forbes) ... “Nobody wants to send that material down the drain,” says Rick Sabol, president of the Mahoney division. And not just because fat globules can clog up sewer systems — but because that grease is valuable —
April 23, 2021 Read Full Article
The BDO Zone Investment Coalition Announces $1 Billion of Deployable Capital for Biobased Projects Located in BDO Zones
(BDO Zone Investment Coalition) The BDO Zone Investment Coalition today announces the mobilization of $1BB of capital for deployment into biobased infrastructure and manufacturing plants located in Bioeconomy Development Opportunity (BDO) Zones. The BDO Zone Investment Coalition is a group of leading, independent biobased investors,
April 22, 2021 Read Full Article
NBAA Welcomes Increased Capitol Hill Focus on Sustainable Aviation Fuel
(National Business Aviation Association/Biobased Diesel Daily) On March 30, the National Business Aviation Association recognized a bipartisan congressional request to the Government Accountability Office for a study exploring effective policy measures to expand awareness, availability and use of sustainable aviation fuel
April 06, 2021 Read Full Article
Renewable Diesel: Where’s The Value?
by Steve Roberts and Michael Reecher (Opportune/Biofuels Digest) If companies want to capture value and ultimately profit from the projected growth in renewable diesel, they must understand their netback. The demand and price for renewable diesel is on the rise and bringing
April 01, 2021 Read Full Article
Major U.S. Airlines Commit to Net-Zero Carbon Emissions by 2050
(Airlines for America) Carriers deepen commitment to aggressively address climate change -- Today, Airlines for America (A4A), the industry trade organization representing the leading U.S. airlines, announced the commitment of its member carriers to work across the aviation industry and with
March 31, 2021 Read Full Article
Carbon Capture Coalition Applauds Introduction of Bipartisan Senate Carbon Capture, Utilization and Storage Tax Credit Amendments Act
(Carbon Capture Coalition) Robust Legislation Addresses Top Two Coalition Priorities from New Federal Policy Blueprint -- The Carbon Capture Coalition today endorsed the bipartisan Carbon Capture Utilization and Storage Tax Credit Amendments Act. The bill was introduced in the U.S. Senate
March 26, 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
REGI INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Renewable Energy Group, Inc.
(Bernstein Liebhard/Globe Newswire) Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Renewable Energy Group, Inc. (“Renewable Energy ”
March 04, 2021 Read Full Article
Stabenow Introduces Energy Tax Credit
by Nicole Heslip (Brownfield Ag News) Legislation has been introduced in the U.S. Senate which would provide a tax credit to automotive and energy manufacturers transitioning to greener technologies. Sponsor Debbie Stabenow of Michigan tells Brownfield it could also apply to biofuel
March 02, 2021 Read Full Article
McKinley, Veasey Reintroduce ACCESS 45Q Act
by Erin Voegele (Ethanol Producer Magazine) Reps. David McKinley, R-W.V., and Marc Veasey, D-Texas, on Feb. 16 reintroduced the Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act. The bill extends the date for projects to begin construction
February 26, 2021 Read Full Article
Joni Ernst: Radical Policies from Coastal Elites Hurt Rural America
(Office of Senator Joni Ernst (R-IA)) Just last month, President Biden raised eyebrows when he took executive action to begin transitioning federal government vehicles to electric vehicles. It followed a similar move spearheaded by California Governor Gavin Newsom, who last September,
February 22, 2021 Read Full Article
Ag, Trucking Industries Say Pritzker’s Proposed Tax on Biofuel Will Hurt Farmers, Consumers
(The Center Square/WMAY) Some are taking issue with Governor J.B. Pritzker’s Fiscal Year 2022 budget proposal which would bring an end to the sales tax exemption for biodiesel fuel in Illinois. Pritzker said accelerating the expiration of the sales tax exemption for
February 22, 2021 Read Full Article
Velocys on Scaling Up Net Negative, Carbon Capture-Ready Fuels
by Tammy Klein (Transportation Energy Strategies) ... I spoke to both Neville Hargreaves, Vice President, Waste to Fuels and Drew Miller, Project Finance Director of Velocys about their SAF projects in the U.S. (Bayou Fuels) and in the UK (Altalto). We also talked about how
February 22, 2021 Read Full Article
Crushing Ethanol’s CO2 Footprint: Summit Carbon Launches 10MT Carbon Capture & Storage Monster; Green Plains Is in
by Jim Lane (Biofuels Digest) Sometimes, as the song says, you gotta bury your troubles, and when your trouble is the cost of carbon dioxide emission, and you’re in the ethanol business, you were stymied until a few minutes ago, when
February 18, 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
50 Renewable Diesel Projects and the Technologies Behind Them
by Jim Lane (Biofuels Digest) Renewable diesel, all 9 billion gallons built, under construction, in planning - Take a deep dive into the latest hot renewable diesel news and a special Digest presentation that asks will all of these billions of
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
A Muted Year for Biofuels M&A Activity: 2020 Review and Outlook
by Bruce Comer and Frank Kim (Ocean Park Advisors/Biofuels Digest) COVID-19 further plagues the already challenged North American biofuels M&A market, while capital investments thrive. -- Biofuels merger and acquisition (M&A) activity in North America remained sluggish in 2020. For
January 21, 2021 Read Full Article
Top 10 Bioeconomy Must-Knows in the Biden Transition
by Jim Lane (Biofuels Digest) Who are the key bioeconomy players in the new Biden Administration? What recent moves by the outgoing Trump Administration and Congress will set their budget and regulatory framework for 2021. What will the new Administration
January 20, 2021 Read Full Article
Renewable Diesel's Rising Tide
by Tom Bryan (Biodiesel Magazine) An update on U.S. renewable diesel projects—operational, expanding, under construction and proposed—giving new purpose to aging oil refineries. The report represents a transformative volume of nearly 5.5 billion gallons of new or potential capacity. The appeal
January 19, 2021 Read Full Article
IRS Issues Final Rule for 45Q Tax Credit
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 Carbon Capture Coalition said the final rule provides long-overdue regulatory
January 08, 2021 Read Full Article
Decarbonizing Hydrogen in the US Power and Industrial Sectors: Identifying and Incentivizing Opportunities to Lower Emissions
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 asserts that reductions in production and storage costs and expansion
December 29, 2020 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
Biofuels Included in Ag Provisions of COVID Relief Deal Moving through Congress
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 Senate this week include payments to producers of advanced biofuel,
December 22, 2020 Read Full Article
Measuring the Uncertainty of Renewable Diesel Projects
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 attention throughout the world. This growing interest is turning into
December 21, 2020 Read Full Article
New Legislation Sets Policy Menu for Sustainable Aviation Fuels
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 the sector achieve a path to net-zero carbon emissions by
December 12, 2020 Read Full Article
After COVID: A Lower Carbon Future for Commercial Aviation
(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 transportation sector. The series covered ports, aviation, and public transit. As
December 12, 2020 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
S&P Global Platts Launches Renewable Diesel Values in United States
(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 values for the Americas. These daily assessments bring transparency to
December 02, 2020 Read Full Article
The TIPping Point: Technology, Investment, Policy, and the advanced bioeconomy, Dioxide Materials, Genomatica, ADM, InnovaFeed, Aemetis, Nova Pangaea, and the UK Are Showing the Way
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 policy is a bunch of pretty things on a shelf,
November 25, 2020 Read Full Article
Brownley Introduces Sustainable Aviation Fuel Act
(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 reduce carbon emissions. “As a member of the House Select Committee
November 19, 2020 Read Full Article
Ricketts Signs Bill Establishing Renewable Chemical Tax Credit
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 reform that will benefit various types of property owners, including
September 12, 2020 Read Full Article
Massive Refiners Are Turning into Biofuel Plants in the West
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 in a string of U.S. refiners to say it’s converting
September 07, 2020 Read Full Article
The Case for Climate Action: Building a Clean Economy for the American People
(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 more research into new technologies, advanced biofuels, and smaller and
August 31, 2020 Read Full Article
Climate Crisis Staff Report Aims to Build Back a Cleaner, More Resilient Aviation Sector
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 a Clean Energy Economy and a Healthy, Resilient, and Just
August 05, 2020 Read Full Article
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 the agency to offer credit for carbon dioxide captured for
August 04, 2020 Read Full Article
COVID-19 Response and November Election: The Digest’s 2020 Multi-Slide Guide to 2020 Biofuel Issues to Watch
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 to watch affecting the biofuels industry. From tax credits, regulatory
July 17, 2020 Read Full Article
The Congressional Action Plan for a Clean Energy Economy and a Healthy, Resilient, and Just America Majority Staff Report: Is It Worth Supporting?
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 document is not proposed legislation. Instead, it is simply a
June 30, 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
Carbon Capture and Storage Pipeline Grows by 10 Large-Scale Facilities Globally
(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 of development to 59 with a capture capacity of more than 127 million tonnes
June 09, 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
Sustainable Aviation Fuel Policy in the United States: A Pragmatic Way forward
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 feasible for air travel. Sustainable aviation fuels (SAF) present an
May 04, 2020 Read Full Article
Biodiesel vs. Diesel: Everything You Need to Know
(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 cons of biodiesel vs. diesel, what's driving the market, and
April 28, 2020 Read Full Article
World Energy Doubles Down on Biodiesel Amid Coronavirus Pandemic
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 in which we operate will be substantially different,” said Gene
April 07, 2020 Read Full Article
Ahead of Stimulus Talks, Voters Back Relief for Renewables More Than for Oil and Gas
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 are nearly as supportive of a renewables bailout (49%) as
April 03, 2020 Read Full Article
Maine Takes Significant Step in Addressing Climate Challenge Through Renewable Chemicals Tax Credit
(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 friendly innovations—like renewable chemicals and biobased products. “In order to address
March 20, 2020 Read Full Article
Restored Biodiesel Blender Credit Boosts TravelCenters Of America Q4 Profits
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 5.3% more diesel fuel and gasoline. ... The blender’s credit,
March 04, 2020 Read Full Article
Colorado Man Sentenced to 83 Months in Prison for Role in $7.2 Million Biodiesel Tax Credit Scheme
(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 General Richard E. Zuckerman of the Justice Department’s Tax Division. According
March 03, 2020 Read Full Article
Ohio Legislation on the Move
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 bill would give owners and operators of gas stations a
February 27, 2020 Read Full Article
IRS Unveils 45Q Guidance
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 on Wednesday released its initial guidance on how exactly industries
February 20, 2020 Read Full Article
Carbon Capture Initiatives and 45Q
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 discuss carbon capture policies and technologies, especially Carbon Capture, Utilization
February 18, 2020 Read Full Article
Reforming Renewable Fuel Standard Major Task for NATSO
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 trying to preserve subsidies for biodiesel that let members profitably
February 11, 2020 Read Full Article
E&C Leaders Release Draft Clean Future Act Legislative Text to Achieve a 100 Percent Clean Economy
(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. Rush (D-IL) today released legislative text of the draft Climate Leadership and
January 29, 2020 Read Full Article
Biodiesel Plant Reopens Thanks to Biodiesel Blenders Tax Credit
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 plant last week after shutting down for most of December
January 29, 2020 Read Full Article
IRS Publishes Guidance on Claiming 2018-’19 Biodiesel Tax Credit
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 tax credit expired Jan. 1, 2018, and remained expired until Dec.
January 22, 2020 Read Full Article
Heard on the Floor: Alleluias and Vision 2020 at the National Biodiesel Conference
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 recent weeks on tax credits, progress on Argentine and China
January 22, 2020 Read Full Article
Exclusive: What’s in Republicans’ New Climate-Change Push
by Amy Harder (Axios) Trees, plastics and favorable tax policy are at the core of House Republicans’ new push on climate change — an effort to reassure voters they care about the problem after a decade of dismissing it. Why it
January 22, 2020 Read Full Article
IRS Delay Threatens Carbon Capture Projects
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, efforts to begin construction are on hold. Companies have announced plans
January 15, 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
New Jersey Senator Calls for 45Q Probe
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 carbon, known as 45Q. In a letter dated Nov. 19
November 28, 2019 Read Full Article
Catch & Kill: The Velocys, Oxy, Cemvita, Carbon Engineering, BHP, Ginkgo Chase to Catch Waste, Kill Emissions, Armed with New Organisms to Liberate Value
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 Natchez, Mississippi, and securely store it underground in a geologic
October 11, 2019 Read Full Article
Senate Bill Provides Tax Incentives for Biogas Investments
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 providing a 30 percent investment tax credit to help offset
October 02, 2019 Read Full Article
Proposed Collection; Comment Request for Form 6478 -- The IRS Is Soliciting Comments Concerning Biofuel Producer Credit. DEADLINE: December 2, 2019
(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 take this opportunity to comment on information collections, as required
October 02, 2019 Read Full Article
Farm-State Fury Creates Pressure for Trump as Trade, Energy Pain Collide
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 a federal law requiring them to blend ethanol in their
October 02, 2019 Read Full Article
Farmers Urge Trump to Address ‘Economic Crisis’ Facing Biofuels Industry
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 Perry, Iowa, secretary of the National Biodiesel Board, says there’s
September 27, 2019 Read Full Article
NGVAmerica Members Host Senator Ted Cruz
(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 public transit agency, joined with NGVAmerica to host Senator Cruz
September 20, 2019 Read Full Article
Aemetis Cuts Carbon Score of Keyes Ethanol Plant
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 at its corn ethanol plant, and discussed planned renewable natural
August 14, 2019 Read Full Article
The Real Fuel Issue
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 for corn ethanol.” The last tax credit for ethanol, the
August 12, 2019 Read Full Article
In Lobbying Battle for Electric Vehicle Tax Credit, It’s Car Makers vs. the Oil and Gas Industry
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 sale of cars that need little to no gasoline to
June 26, 2019 Read Full Article
From FEW: 45Q Represents Opportunity for Ethanol; Request for Comments DEADLINE: July 4, 2019
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 revenues trending downward since 2018 and falling below operating expenses,
June 23, 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
US Fuel Mandates No Salve for Farm Trade Losses
(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 independent refiners show little concern that the administration will blunt sharply
May 21, 2019 Read Full Article
Lawmakers Discuss Bill to Encourage Investment in Bio-Based Manufacturing
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 bill, sponsored by Assistant House Majority Leader Ryan Fecteau, (D) Biddeford,
May 17, 2019 Read Full Article
Letter from Washington – Taxes, Blends, RINs, Jobs and “The Year of the Tree”
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 we return you to the business of building the bioeconomy
May 14, 2019 Read Full Article
10M Tax Credit Awarded to US Sugarcane Energy Company
(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 and Economic Development (GO-Biz) California Competes program. ... California Ethanol & Power,
April 24, 2019 Read Full Article
Earth Day 2019 – A Look at Carbon Negative and Carbon Capture Technologies, Advancements, and Possibilities
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 to over 193 countries and more than a billion people
April 23, 2019 Read Full Article
NATA and Industry Aviation Coalition Support Extension of Biodiesel Tax Incentive
(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, the NBAA, and the Regional Airline Association -- Today, the National
April 17, 2019 Read Full Article
Commitment to R&D is the Key
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 R&D investments, and ultimately, improve the potential for profitability. As one
March 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
Biofuels Are Key to Reducing Carbon Dioxide Emissions
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. -- Across Minnesota, about 25 ethanol and biodiesel plants generate about
February 19, 2019 Read Full Article
Advanced Biofuel Producers Ask Congress to Extend Tax Credits
by Erin Voegele (Ethanol Producer Magazine) A group of advanced biofuel producers are urging leaders of the U.S. House Committee on Ways and Means to extend two tax credits that are critical to the development and deployment of advanced biofuels. On Feb.
February 14, 2019 Read Full Article
Republican Lawmakers Face Pressure to Propose 'Green New Deal' Alternative
by Josh Siegel (Washington Examiner) Republicans who want to combat climate change say their party should avoid the temptation of rejecting the progressive “Green New Deal” without proposing an alternative. “If the Green New Deal goes down in flames and gets totally
February 11, 2019 Read Full Article
Alternative Fuels Council Offers Biodiesel Strategy
by Jeff Hove (Biodiesel Magazine) Jeff Hove, vice president of NATSO's Alternative Fuels Council, provides perspective on current political, regulatory and market events relating to biodiesel blending, and how a myriad of potential changes will affect downstream operators. -- ... But renewable
January 05, 2019 Read Full Article
Ethanol's Impact: Iowa’s Status as the Largest Ethanol-Producing State Means Its Ethanol Economy Affects the Entire Industry.
by Matt Thompson (Ethanol Producer Magazine) ... A waiter in a Cedar Rapids restaurant, for instance, recently asked Shaw (Monte Shaw, executive director of the Iowa Renewable Fuels Association) about Trump’s E15 waiver, upon hearing that Shaw advocates for biofuels and
January 02, 2019 Read Full Article
Congress Should End Electric Car Subsidies, Not Expand Them
by Liam Sigaud (American Consumer Institute) ... These subsidies overwhelmingly benefit the wealthy. Tesla buyers, for example, had an average household income of $293,200 in 2013. A study in 2015 found that electric Ford Focus buyers had an average household income of $199,000. By
December 11, 2018 Read Full Article
NBB Appreciates Proposal for Long-Term Extension of the Biodiesel Tax Incentive
(National Biodiesel Board) Ways & Means Chairman Kevin Brady’s (R-TX) tax proposal includes a multi-year extension and phaseout of the biodiesel incentive -- ... Rep. Kevin Brady (R-Texas), chairman of the House Ways & Means Committee, released a proposal to make technical
December 07, 2018 Read Full Article
A Summary of Federal Programs: The Digest’s 2018 Multi-Slide Guide to Alternative Fuel and Advanced Vehicle Technology Incentives
by Jim Lane (Biofuels Digest) A wide array of federal incentives supports the development and deployment of alternatives to conventional fuels and engines in transportation. These incentives include tax deductions and credits for vehicle purchases and the installation of refueling systems,
December 05, 2018 Read Full Article
Kudlow Calls for End to Subsidies for Electric Cars, Renewables
by Megan Keller and Timothy Cama (The Hill) White House chief economic adviser Larry Kudlow said on Monday the Trump administration will seek to end subsidies for electric cars and renewable energy sources, according to reports. Kudlow said he expected subsidies for
December 04, 2018 Read Full Article
Dems to Hold Two Days of Hearings on Climate
by Timothy Cama (The Hill) House Democrats are planning to hold two days' worth of hearings on the impacts of climate change and potential solutions to it when they take the House majority next year. The likely chairmen of the Energy and Commerce, Natural
November 15, 2018 Read Full Article
60 Organizations Sign Tax Extenders Letter to Congress
by Ron Kotrba (Biodiesel Magazine) A group of 60 organizations representing diverse business, energy, transportation, real estate and agriculture sectors has sent a letter to leaders in the U.S. House of Representatives and Senate on the “pressing need” to address the
November 14, 2018 Read Full Article
The Complex Dynamics of Coprocessing
by Ron Kotrba (Biodiesel Magazine) While oil refiners adding a small percentage of renewable feedstock to their operations sounds simple, the political, economic, technical, societal and market consequences are anything but. In 2007, at the height of the biodiesel boom, ConocoPhillips and
November 06, 2018 Read Full Article
Midterm Elections, RVO Decisions, and Lame Duck Tax Relief
by Michael McAdams (Advanced Biofuels Association) ... When testifying recently before the Senate Environment and Public Works Committee, the acting administrator was judicious in answering questions about EPA’s small refinery exemptions (SREs). He has publicly stated that there should be more
September 21, 2018 Read Full Article
NBB, ASA Ask President Trump to Support Biodiesel Producers, Soy Farmers
(National Biodiesel Board) Allowing year-round use of E15 is a positive step for ethanol, but doesn’t support biodiesel -- Today, the National Biodiesel Board (NBB) and the American Soybean Association (ASA) wrote President Donald Trump asking that he “provide additional help to
September 21, 2018 Read Full Article
Incentives Watch: Oregon’s Bovine Manure Tax Credit Isn’t the Only “Crappy” Credit That Exists
by Lauren Colandreo (Bloomberg) ... Last fall, Oregon enacted the Bovine Manure Tax Credit, which offers bovine manure producers and collectors a tax credit for each wet ton of manure collected to be used as a biofuel or to produce a biofuel.
September 19, 2018 Read Full Article
NATSO Alternative Fuels Council Prioritizes Biodiesel Fuel Quality
by Jeff Hove (Biodiesel Magazine/Alternative Fuels Council) Alternative fuels such as biodiesel represent an important growth opportunity for fuel marketers nationwide. But for many fuel retailers, myriad state and federal regulations and incentives for alternative fuels can be complex and overwhelming.
August 28, 2018 Read Full Article
CEO and CFO of Utah Biodiesel Company and California Businessman Charged in $500 Million Fuel Tax Credit Scheme
(U.S. Department of Justice) A federal grand jury sitting in the District of Utah has returned an indictment, which was unsealed today, charging the CEO and CFO of Washakie Renewable Energy (WRE), a Utah-based biodiesel company, and a California businessman with
August 28, 2018 Read Full Article
An FAQ on 45Q: What Federal Carbon Storage Tax Credit Means for Midwest
by Frank Jossi (Energy News) A federal tax credit passed earlier this year could increase the amount of carbon being stored underground. The revamped “45Q” tax credit boosts the amount of money available to companies willing to capture and store carbon
July 11, 2018 Read Full Article
Creative Debt and Equity: The Digest’s 2018 Multi-Slide Guide to Structures for Bioeconomy Project Finance
by Jim Lane (Biofuels Digest) Bottom line, if you’re in the business of financing a renewable fuels project with a loan guarantee in the mix, you’re probably talking with some combination of New Energy Risk, Stern Brothers, Faegre Baker Daniels partner John
July 09, 2018 Read Full Article
Advanced Biofuels under the Renewable Fuel Standard: Current Status and Future Prospects
(U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Environment) ... A number of exogenous policies have greatly impacted advanced biofuels markets and RFS (Renewable Fuel Standards) compliance. These include trade restrictions and duties now imposed on certain imported