by Jacqueline Reigle and Matthew Cope (Argus Media) Illinois state lawmakers have approved legislation to create a $1.50/USG sustainable aviation fuel (SAF) tax credit that airlines can use to satisfy all
Tag "tax policy"
by Alexandra Chapman (Fastmarkets) Sales of new cars in Brazil that run on flex-fuel – which can include different degrees of biodiesel or bioethanol, or even biogas – continued to
(Roll Call) Aviation accounts for 10 percent of U.S. greenhouse gas emissions — a figure expected to triple by 2050 … Trucking industry representatives have raised concerns that a larger
by Jim Lane (Biofuels Digest) The bioeconomy is rocking as the week begins with news from the US and Europe and major moves in hydrogen. Today, we’ll look at the Topsoe/Fidelis
(World Bio Market Insights) Interest in biofuels survived the fossil fuel bonanza of 2022 but there’s still a long road to viability — The importance of energy to domestic and international
(E&E News Energy Wire) Excerpt from E&E News Energy Wire: Many of the world’s largest energy companies and a Bill Gates-led group are joining an industry-led initiative to measure and map the
by John Hitch (Fleet Owner) Produced using renewable energy, green hydrogen could help make transportation a carbon-neutral reality—if the cost can match the price of diesel. That is what Plug
(Biodiesel Magazine) … Recordkeeping challenges in renewable diesel aren’t new, but the struggle to balance the desire to incentivize production of low-carbon-intensity (low CI) fuels without harming collectors or tolerating
by Jim Lane (Biofuels Digest) As you wait for the clock countdown to 2023 this week, check out this slide guide from Mike McCurdy, Managing Director of Fuels & Power
by Kate Abnett (Reuters) After all-night negotiations, the European Union struck a political deal on Tuesday (December 13, 2922) to impose a carbon dioxide emissions tariff on imports of polluting goods
by Jim Lane (Biofuels Digest) These slides were presented by Digest editor Jim Lane for the December 22 episode of ABLC CONNECT, and focused on the Drivers, Margins, Project List.
by David Iaconangelo (Politico Pro) The Treasury Department is expected to release a framework that could determine whether renewable hydrogen is a successful climate tool or a high-emitting fuel. — The
by Pete Probst (Chicago Sun Times) I am writing in response to the recent article “Docs to Pritzker: Truck diesel pollution is killing Illinoisans” to let readers know of an immediate
(Chemical Industry Digest) The government has slashed the Goods and Services Tax (GST) rate on ethanol meant for blending under the Ethanol Blended Petrol (EBP) programme to five percent from eighteen
(U.S. Internal Revenue Service) The Treasury Department and Internal Revenue Service today issued a notice regarding the Sustainable Aviation Fuel (SAF) credit. This is a new credit created by the Inflation
(European Biodiesel Board) The EBB welcomes the European General Court decision to dismiss the actions for annulment initiated by three Indonesian biodiesel producers in March 2020, following the EU imposition
by Marta Nogueira (Reuters) A settlement reached by Brazil’s Supreme Court in a case opposing the federal government and Brazilian states about state-level taxation on fuels could lead to higher gasoline
by Mike Sticklen and Doug Rivers (Lee Enterprises Consulting/Biofuels Digest) The US ethanol industry is faced with flat volume (Fig. 1) and mediocre returns on capital (Fig. 2). There are several
by Liz Hampton (Reuters) The U.S. Department of Energy on Tuesday agreed to commit $3.7 billion to finance projects to remove planet-warming carbon from the atmosphere and meet the nation’s goal
(National Business Aviation Association) NBAA recently joined with a coalition of dozens of aviation stakeholders in submitting comments to the IRS on implementation of the upcoming sustainable aviation fuel blenders tax
by Todd Neeley (DTN Progressive Farmer) A new clean fuel production tax credit created by the Inflation Reduction Act could pave the way for significant growth in biofuels including ethanol, sustainable
(Renewable Fuels Association) As federal agencies continue to work on implementation of the Inflation Reduction Act, the Renewable Fuels Association on Saturday filed two sets of comments to the Internal Revenue
by Donnelle Eller (Des Moines Register) Opponents of three carbon capture pipelines proposed in Iowa and surrounding states want federal regulators to call for a moratorium on construction, saying current safeguards
by Carlos Anchondo (Politico Pro) The federal agency said the permitting process for carbon dioxide wells could be streamlined. — EPA told lawmakers it’s taking steps to improve the permitting process
(Internal Revenue Service) The Internal Revenue Service today issued three notices asking for comments on different aspects of extensions and enhancements of energy tax benefits in the Inflation Reduction Act.
(Advanced Biofuels Canada/Biocarburants avancés Canada) New report assesses Clean Fuel Regulations impact, fuel and carbon tax penalties on biofuels, and abatement costs — Advanced Biofuels Canada (ABFC) announced the release of the
by Matthew Parsons (Skift) European politicians are planning legislation that requires airlines to use more sustainable fuel by 2030, but there’s very little going around. One solution is to start
by Chris Clayton (DTN Progressive Farmer) Protestors opposed to carbon pipeline projects in Iowa disrupted the opening of a two-day Carbon Capture Conference and Expo. At least seven people stood up
(Castle Rock Green Energy/PR Newswire) The $400 million investment will create 380 full time jobs and 250 construction jobs, helping sustain critical regional forest products jobs; The investment is possible
by Jim Lane (Biofuels Digest) US biogas is growing quickly — a combination of extensive feedstock resources, a strong policy incentive structure and and ecosystem which has now developed of
by Erin Jordan (The Gazette) University of Iowa panel hits on safety, siting and impact of proposed pipeline projects — The leader of Iowa Renewable Fuels Association says whether carbon dioxide
(Renewable Fuels Association) Testimony, Comments Provided to Treasury, IRS, USDA — In separate comments and testimony to the U.S. Department of Treasury, Internal Revenue Service and the U.S. Department of Agriculture,
by James Burgess (S&P Global) Electrolyzers powered by 260 MW of solar, wind; 15,000 mt/year hydrogen for 90,000 mt ammonia; FID expected 2023, electrolyzer testing underway — A consortium of fertilizer producer Fertiglobe,
(Growth Energy) Today, Growth Energy sent a letter to the U.S. Department of the Treasury on implementation of Inflation Reduction Act of 2022 (IRA) tax credits for sustainable aviation fuel (SAF). In her
by Hannah Ritchie and Pablo Rosado (Our World in Data) Putting a price on carbon helps us account for the real costs of fossil fuels in the market. Which countries
by Philippe Marchand (Bioenergy Steering Committee Member, European Technology and Innovation Platform (ETIP)/Transport Energy Strategies) One of the basic advocacy lines for the promotion of bioenergy in transport, biofuels or biogas,
by Katie Schroeder (Ethanol Producer Magazine) With CCS expanding rapidly, there is an accompanying need for technology to monitor the CO2 underground. A North Dakota ethanol producer, environmental researcher and
by Marcelo Teixeira (Reuters) (President Jair) Bolsonaro scrapped federal taxes on energy and led states to cut other taxes on fuels in a gambit to boost his chances of being reelected.
by Shannon Osaka (Washington Post) A global tax on frequent fliers could go a long way toward fixing aviation’s climate problem — … A new report by the nonprofit International Council on Clean
(Bureau Veritas) White Paper examines low-carbon marine fuel options and highlights benefits of sustainably produced renewable and low carbon fuels — Bureau Veritas (BV), a world leader in testing, inspection
by Aftab Ahmed and Nidhi Verma (Reuters) India has deferred the imposition of taxes on dirtier and unblended retail fuel at a time when it is trying to contain surging inflation,
by Jonathan Gleave (Argus Media) A better traceability of imported feedstocks used to produced advanced biofuels, particularly those derived from the palm oil sector, is essential for both the reputation of
(Growth Energy) Growth Energy Senior Vice President of Regulatory Affairs Chris Bliley testified before the Michigan State House Committee on Tax Policy in support of SB814, legislation that would establish a retailer tax
(Agricultural and Applied Economics Association/CISION) The nested design of the Renewable Fuel Standard (RFS) is limiting incentives for blenders to sell higher blends of ethanol (E85) and has instead resulted in
by Anneli Palmen and Bartosz Dabrowsk (Reuters) German biofuel producer Cropenergies (CE2G.DE) on Monday said it might have to reduce or temporarily shut down production at some of its ethanol plants due to
by Rudi Keller (News from the States) When lawmakers return this week for a special session, most of the attention will be on Gov. Mike Parson’s proposal to cut income taxes by
by Roberto Samora and Marcelo Teixeira (Reuters) Brazilian President Jair Bolsonaro’s move to sharply cut taxes on fuels, particularly gasoline, to boost his reelection chances has squeezed ethanol’s profit margins and
(Orrick) On Friday, August 12, 2022, the House passed The Inflation Reduction Act, the sweeping legislation on health care, climate and taxes, by a 220-207 margin after passing the Senate on
by John R. Kirkwood, Jason Deppen, and Christopher B. Berendt (FaegreDrinker/Biofuels Digest) … Section 48(a) of the Internal Revenue Code (IRC) as it existed prior to the adoption of the (Inflation
by Marcela Ayres (Reuters) Brazil’s government will return to a primary deficit in 2023 after an expected surplus for this year, with the budget marked by extended tax reduction measures on
by Bernadette Christina Munthe, Ananda Teresia, Fransiska Nangoy (Reuters) Indonesia has raised its 2022 biodiesel allocation to 11.03 million kilolitres amid expectations of rising demand in the fourth quarter while it
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
by Vanessa Montalbano (Washington Post) … The Energy Department is also set on boosting approaches that would remove gigatons of greenhouse gas from the atmosphere for less than $100 per
by Laura Weiss (The Hill) There’s bipartisan interest in certain tax, trade provisions left out of budget, competitiveness bills — Tax credits for increasing home energy efficiency, building energy-efficient new homes,
by Will Robinson (Brownfield Ag News) The U.S. biodiesel blending tax incentive is set to expire after this year which could lower blending volumes if not extended. Illinois Soybean Association board
by Melissa Anderson (Ethanol Producer Magazine) Eleven years ago, California led the way with the implementation of its Low Carbon Fuel Standard, which continues to be a guiding force for
(NGV Journal/Office of U.S. Senator Mark Warner (D-VA)) U.S. Sens. Mark Warner (D) from Virgina and Richard Burr (R) from North Carolina introduced the Renewable Natural Gas Incentive Act, a bipartisan
by Royce Kurmelovs (The Guardian) Electric vehicle advocates and auto industry say Australia needs nationally mandated fuel efficiency standards — The
by Laura Sanicola (Reuters) Last week’s collapse of U.S. climate legislation could severely hamper the development of clean-burning transportation fuels, investors,
by David Koenig and Kelvin Chan (Associated Press/Chicago Tribune) … Airbus and Boeing, the world’s two biggest aircraft makers, both
by Gabriel Araujo, Leticia Fucuchima and Marcelo Teixeira (Reuters) The governments of Sao Paulo and Minas Gerais, the two most-populous
by Rafaella Barros and Marcelo Teixeira (Reuters) New legislation approved by the Brazilian Congress late on Wednesday reinstates a tax advantage
by Mike Jacobson (North Platt Telegraph) … In 2021, approximately 31% of Nebraska’s corn crop was utilized in ethanol plants.
by Sonali Paul (Reuters) BP Plc (BP.L) is aiming to start producing sustainable aviation fuel (SAF) in Australia by 2025 after converting its
(National Business Aviation Association) The National Business Aviation Association (NBAA) today detailed for Congress a policy roadmap for strengthening the general
(Clean Fuels Alliance America/Biomass Magazine) Today, Clean Fuels Alliance America wrote to President Joe Biden and other administration officials to highlight
(Finland Ministry of Economic Affairs and Employment) The distribution obligation of biofuel oil aims at replacing light fuel oil used especially
by Jim Harris (Bain & Co./Aviation Week) Governments are making commitments to incentivize sustainable aviation fuel (SAF)—Europe, through February’s “Toulouse Declaration,”
(Michigan Soybean Association/Biobased Diesel Daily) Legislation has been introduced in Michigan to incentivize the sale and consumption of low-level biodiesel blends
by Michael Bates (NGT News) Hawaii Gov. David Ige has signed into law a package of bills that includes SB2570 (Act 241) –
by Nidhi Verma and Aftab Ahmed (Reuters) India has expanded the excise duty exemption for biofuels to encourage the blending
by Bernadette Christina Munthe (Reuters/NASDAQ) Indonesia is considering expanding a mandatory palm oil mix in its biodiesel to 35%, from
Marcelo Teixeira and Maytaal Angel (NASDAQ/Reuters) …Raw sugar futures on ICE fell to the lowest since early March on Monday as
byPeter Millard and Tatiana Freitas (Bloomberg) Some call the program ‘inefficient.’ Others say it’s downright flawed. Either way, the sharpest
by Lindsey Jacobson (CNBC) Exxon Mobil CEO Darren Woods would like the U.S. government to help incentivize some of the clean
(Governo do Estado Rio Grande do Sul (Google Translation)) Governor Ranolfo Vieira Júnior signed, on the morning of this Monday
by Tyne Morgan (AgWeb) … E85 is priced significantly less than other blends of fuel across the country, even $2 below
(NACS) The white paper will help spark conversation on finding an answer to reducing emissions from all vehicles. — The Fuels
by Matthew Choi (Politico’s Morning Energy) Whitehouse (Sen. Sheldon Whitehouse (D-R.I.)) introduced a bill Tuesday charging $55 per ton for
by Tony Harrington (GreenAir Online) A new market report by SkyNRG, the Amsterdam-based global provider of sustainable aviation fuels, predicts that both
by Peter McLaren-Kennedy (EuroWeekly) … Experts consulted by okdiario say: “This increase in the percentage by half a point will have its direct
by Sanjay Dutta (Times of India/MSN) India has achieved nearly 10% ethanol blending of petrol months ahead of the target, a
(Low Carbon Fuels Coalition) In California, the Single Biggest Driver of Fuel Costs is the Price of a Barrel of Oil;
by Mei Mei Chu and A. Ananthalakshmi (Reuters) Malaysia’s commodities ministry has proposed cutting the export tax on palm oil
(U.S. Grains Council/Ethanol Producer Magazine) The U.S. Grains Council worked with the USDA’s Foreign Agricultural Service in Vietnam to engage the
by Tanvi Deshpande (IndiaSpend.com/Scroll.in) Achieving the target won’t drastically reduce emissions nor will India achieve energy security because of it.
by Mariana Durao and Peter Millard (Bloomberg/Yahoo!) Brazil’s state-controlled oil giant Petroleo Brasileiro SA raised domestic diesel prices just days
by Andrew Bergman, Holly Buck, Olúfẹ́mi O. Táíwò, Toly Rinberg (The New Republic) … So the question should be: How
by Bryen Alperin, Gary Blitz, Sarah Grey, Steve Whittaker, John Koenig, John Pierce, and Jason Kuzma (Carbon Capture Magazine) The
(National Business Aviation Association) Sustainable aviation fuel (SAF) is a proven and essential component of the aviation industry’s drive toward decarbonization,
by Alex Whitney (Nebraska.TV) Anyone who has hit the road lately can tell you that the price of gas has gone
by Jim Lane (Biofuels Digest) Carbon Americashared this illuminating slide guide at ABLC Connect highlighting how they are a “super
by Jacqui Fatka (Farm Progress) … It is hard to predict the demand picture under the expanded E15 scenario, but
(Velocys/Biomass Magazine) … During 2021 we saw the achievement of a number of important objectives in our growth strategy culminating in
(Illinois Soybean Growers) The Illinois Soybean Growers (ISG) is celebrating the passage of the organization’s B20 Legislation, sponsored by State
by Meghan Sapp (Biofuels Digest) In Belgium, consequent with the increased ambitions brought by the European Green Deal, and the objective to
(India Education Diary) The Minister of State for Petroleum and Natural Gas Shri Rameswar Teli in a written reply to
by Erin Somerville (ABC Goulburn Murray) A biodiesel producer says Australia is overlooking a product that could help with fuel
(Illinois Soybean Growers) The Illinois Soybean Growers (ISG) is celebrating the passage of the organization’s B20 Legislation, sponsored by State Senator
by Daniela Castim (Bio Markets Insight) EU countries are supporting the bloc’s decision to impose a world-first carbon dioxide emissions tariff
by Matthew Choi (Politico’s Morning Energy) Nearly half of U.S. states are implementing or considering some kind of gas tax relief
by Danessa Rivera (The Philippine Star) The Ethanol Producers Association of the Philippines (EPAP) is opposing a proposal to suspend the
by Estella Shi, Will Sommer, Andrew Smiddy (U.S. Energy Information Administration) In our Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws
by Jim Lane (Biofuels Digest) There are synergies with carbon capture and biofuel processes. This ABLC slide guide from Dave
by Marieta Cazarré (Agencia Brasil) The renewable fuel can replace natural gas, diesel, and gasoline — President Jair Bolsonaro today (Mar.
by Bernardo Caram and Peter Frontini (Reuters) Brazil’s government announced on Monday it will cut to zero import tariffs for ethanol
by Marion Rae (Glouster Advocate) Australia’s petrol and diesel taxes are already amongst the lowest in the world, potentially throttling
by Marek Sutherland (CTV News London) As the gas prices continue to creep towards the $2/litre mark in our region, the
by Leah Douglas (Reuters/Investing.com) U.S. ethanol producers are betting heavily on carbon capture and storage (CCS) technology to lower their greenhouse gas
by Charles Lane (Washington Post) … Ramping up oil and gas production is part of the solution, as Republicans argue.
by Lindsay Keiser (Detroit News) With prices at the pump almost $1 per gallon higher than they were around this time
by Rod Nickel, Liz Hampton and Nia Williams (Reuters) North American oil and gas pipeline companies are gearing up to compete
(Renewable Fuels Association) In his annual State of the Industry Address, Renewable Fuels Association President and CEO Geoff Cooper said that, while
by Rebecca White, Lieve Laurens, Nate Kommers (Algae Biomass Organization/Biofuels Diges) Among the dozens of policy innovations that Congress must consider
by Matthew Choi (Politico’s Morning Energy) The Climate Leadership Council, a GOP-backed group supporting a carbon tax, is launching a
by Jeff Overton (Environmental and Energy Study Institute) During transportation day at COPO26, the focus for the aviation sector was setting targets
by Sarantis Michalopoulos (EURACTIV.com) Decarbonising Europe’s transport has always been a tough equation for EU policymakers. However, the puzzle is expected
by Paul Hammel (Nebraska Examiner) … A bill to ensure that Nebraska ethanol plants can qualify for state tax incentives for
The Isle of Man Ship Registry (IOMSR) is set to become the first flag state in the world to incentivise
by Lindsay Keiser (Detroit News) With prices at the pump almost $1 per gallon higher than they were around this
by Mike Hughlett (Star Tribune) … Right now, the CO2 pipelines don’t require approval from the Minnesota Public Utilities Commission
by Ilaria Grasso Macola (City A.M.) … Maersk, the second largest shipping operator in the world, announced in January it
(Iowa Biodiesel Board/Biobased Diesel Daily) The Iowa Soybean Association and Iowa Biodiesel Board are urging the passage of House File 2128,
by Laura Sanicola (Reuters) Tax incentives for sustainable aviation fuel (SAF) in U.S. President Biden’s stalled Build Back Better legislation
(OMNI OZ FUND/Yahoo!) OMNI OZ FUND, LLC launches seeking accredited investors for its GreenMix Fuel Methanol-Ethanol Blend Processing Plant. The
by Liz Hampton (Reuters) …The rules governing the carbon-injection wells for most states require federal approval with the first permits
by Jim Lane (Biofuels Digest) You may have seen the breaking news last week that the National Biodiesel Board changed its name
by Anya Zoledziowski (Vice World News) A new Global Witness report found that it has the same carbon footprint per
by Will Robinson (Brownfield Ag News) Several Missouri ag groups spoke in favor of reinstating Missouri Agriculture and Small Business
by Erin Voegele (Ethanol Producer Magazine) Legislation introduced in the Michigan Senate on Jan. 11 aims to create a tax credit
by Matthew Choi (Politico’s Morning Energy) The National Ocean Industries Association, a trade group representing the offshore energy industry, is
by Hugo Martin (Los Angeles Times/Aviation Pros) … In a first, one of the two engines on the 737 Max 8
by Meghan Sapp (Biofuels Digest) In Uruguay, El Observador reports ANCAP has decided to slash biodiesel blending to 2.5% from 5%
by Carlos Anchondo and Jeremy Dillon (E&E News) The Department of Energy is at risk of wasting a significant amount of
by Timothy Gardner and Valerie Volcovici (Reuters) … The bill contains billions of dollars to extend so-called 45Q tax credits for
(National Biodiesel Board) Economic and environmental benefits exceed $6 per gallon of biodiesel — The National Biodiesel Board (NBB) welcomed the
by Janani Janarthanan (Bloomberg Quint) India has lowered the goods and service tax on ethanol meant for blending with gasoline as
by Susanne Retka Schill (Great Plains Institute) As US and world leaders engage on climate change and carbon reduction efforts,
by Matthew Choi (Politico’s Morning Energy) Rep. Ro Khanna, who led the House Oversight Environment Subcommittee’s probe into the oil
by Chad Trautvetter (AIN Online) Europe is taking a “stick” approach to reducing aircraft CO2 emissions, while the U.S. is going
by Thor Benson (Daily Beast/Yahoo!) … Hydrogen fuel cells—which aren’t electric batteries themselves but can work in lieu of them without the
by Puneet Dwivedi (University of Georgia/U.S. Department of Agriculture) … Carinata (Brassica Carinata), also known as Ethiopian mustard, is an oilseed
by Philip Brasher (Agri-Pulse) The biofuel tax incentives in President Joe Biden’s Build Back Better bill could insure a growing
(Market Screener) As the United States focuses on tackling climate change, the energy market is seen as a key part of
by Marc Heller (E&E News) Thirteen years ago, Congress decided a tax credit for companies that blend biodiesel shouldn’t go to
Ag Policy Blog: Carbon Pipelines Projects Face Permit Hearings, Litigation and Legislation
by Chris Clayton (DTN Progressive Farmer) 2023 will shape up as a major year in the permitting and development of carbon pipelines across the Midwest and Plains states. The Minnesota and South