by Amy R. Sisk (Bismark Tribune) Several North Dakota coal and ethanol plants are inching closer to capturing the carbon dioxide they generate and storing it underground, and they’re asking
Tag "tax policy"
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
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
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
by Nicolle Monteiro de Castro (S&P Global Platts) … Brazilian oil company Petrobras’ average gasoline price hike of 7.93% is not expected to increase the economic advantage of the biofuel
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
by Alex Tiller (Carbonvert Inc./Ethanol Producer Magazine) The road to qualifying for the 45Q tax credit can be confusing, with strict limitations on project phases and what constitutes start of
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
(Bioenergy Insight) On 17 December, the California Public Utilities Commission approved SoCalGas and San Diego Gas & Electric’s request to offer a voluntary Renewable Natural Gas (RNG) Tariff. The programme
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 Raphael Orlove (Jalopnik’s The Morning Shift) The Treasury in the UK is worried that while it’s relatively straightforward to put taxes on gasoline and diesel, it is difficult to tax
(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
(Fitch Ratings) The revision in Indonesia’s export levy structure should support Indonesia’s biodiesel consumption growth in 2021 by boosting collections to fund the subsidy burden, Fitch Ratings says. This will
by Erin Voegele (Ethanol Producer Magazine) Reps. David McKinley, R-W.V., and Marc Veasey, D-Texas, on Dec. 3 introduced the Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act.
by Bernadette Christina and Fathin Ungku (Reuters) Policy adjustments required to sustain biodiesel subsidies; Biodiesel program may see $865 mln deficit in 2021-economist; Price gap between crude palm oil and
by Timothy Gardner (Reuters) … Biden has said axing fossil fuel subsidies will generate money to help pay for his broader $2 trillion climate plan. While Biden can take executive action
by Dean Scott (Bloomberg Law) Growing interest in combining federal, state credits in low-carbon projects; Congress’ inaction on 45Q credit extension a worrying sign for new efforts — A mix of
(American Farm Bureau Federation) The American Farm Bureau Federation and more than 60 other organizations are urging Congress to extend tax provisions that promote biofuel production, as well as craft
by Dan Sperling, Lew Fulton, and Vicki Arroyo (University of California Davis) … Summary of Policy Recommendations Rapidly increase the sales of zero emission vehicles (ZEVs) by implementing the following: National
by Bill Taylor (Fairborn Daily Herald) … We now have to pay an additional $100 a year “penalty” to register our hybrid — it’s $200 for all-electric vehicles. Anyway, we drive
by Dino Grandoni with Alexandra Ellerbeck (Washington Post) Joe Biden said he wanted a “transition” away from the oil industry. But the oil industry itself thinks it can still work
Tomas Ekbom and Cecilia Higa (Swedish Bioenergy Association/IEA Bioenergy Task 39 Newsletter) … In the beginning there was ethanol In 1907, there were only 662 vehicles registered in Sweden. The
(Solutions from the Land) NACSAA ‘Capstone Submission’ Stresses CSA Is ‘Foundational’ to Global Agreement — North America Climate Smart Agriculture Alliance has handed over its capstone submission into the Koronivia
(Advanced Biofuels Canada/EINPresswire) Fourth annual independent report from Navius Research provides open source data on biofuels consumption, consumer costs, compliance credits and carbon prices. — Advanced Biofuels Canada (ABFC) announced
by Maddie Biertempfel (KXNet) Midwest AgEnergy’s Blue Flint biorefinery in Underwood turns corn into ethanol, but that process’s byproduct, carbon dioxide, can be harmful to the environment. The energy company is
by Timsy Jaipuria (CNBC) India is likely to roll out a comprehensive ethanol policy to ensure reduction in dependence on imported crude oil. Sources told CNBC-TV18, “Prime Minister Narendra Modi
(Energy Market Price/S&P Global) ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to
(ADI Analytics) Interest in the energy transition is growing rapidly and investments are following that interest closely as well. In the past year, global oil and gas companies have announced major
by Kelsey Tamborrino (Politico’s Morning Energy) Night 3 of the Democratic National Convention featured a lengthy 11-minute take on Joe Biden’s climate and clean energy strategy that hammered home some of
by Jeremy Dillon (County 17/E&E News) The Senate Environment and Public Works Committee will head to Wyoming this week for a field hearing to analyze the state’s efforts on carbon capture
by Janet McGurty (S&P Global Platts) Project costs to be recouped by blenders tax credit; Renewable diesel project approval expected in September — CVR Energy is evaluating a renewable diesel project at
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 Shuting Pomerleau (Niskanen Center) The paper reviews the principles of border adjustment, the principal design choices policymakers would face when establishing a border adjustment for a carbon tax, and
by Sarah Spicer (Wichita Eagle) To preserve the environment, mitigate climate change and stabilize the U.S. food system, Midwest farmers should diversify their crops and move away from raising corn and
(Office of Representative Ilhan Omar (D-Minn.)) Rep. Ilhan Omar (D-Minn.) and Sen. Bernie Sanders (I-Vt.) together with Sen. Merkley (D-Ore.), Sen. Markey (D- Mass.) and Rep. Barragan (D-Calif.) introduced legislation to
by Ellyn Couvillion (The Advocate) An Iowa-based company that converts waste oil into renewable diesel fuel is considering a $1.2 billion project that would triple the size of its Geismar facility
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
(Diesel Technology Forum) Response to Announcement by NESCAUM, 15 States and District of Columbia Regarding MOU for Electric Trucks — The Diesel Technology Forum issued the following statement today on the

The IRS and Treasury issued the long-awaited Proposed Regulations for the Section 45Q tax credit for carbon capture and sequestration on June 2nd. The Proposed Regulations provide guidance on key
by Mikkel Pates (AgWeek) South Dakota ethanol promoter Orrie D. Swayze likes to hear promotions for 30% ethanol blends in gasoline but thinks 50% would be better for the environment
by Jim Lane (Biofuels Digest) What the delegates were saying about CNG, fuel cells, and hydrogen, biogas as a platform, new markets, including EVs and succinic acid, policy, methane, emissions, novel
by Daniel Mackay (Argus Media) The European Commission has approved Sweden’s extension of tax exemption measures for certain biofuels used for heating or as motor fuel, until 2030. Under two different schemes,
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
(FuelsEurope) The ambition of the European Union is to be climate neutral by 2050. The European refining industry supports the same ambition. Our industry is transforming, and we have developed a comprehensive
by Kelsey Tamborrino (Politico’s Morning Energy) REPUBLICANS BACK BILL TO HELP OIL SECTOR: Texas Sen. John Cornyn introduced legislation on Tuesday to help the hard-hit oil sector during the coronavirus pandemic by reducing the royalty
(Solutions from the Land) In response to a call for input from the Senate Democrats’ Special Committee on the Climate Crisis for input on tools, programs, and support useful to
by Luke Geiver (Ethanol Producer Magazine) Positioning into the low-carbon biofuels marketplace, ethanol producers are moving forward with sequestration strategies. A more lucrative federal tax credit, along with a reduced
(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
(Merco Press) Brazil’s CNPE national energy council approved a resolution that establishes rules allowing producers of hydrated ethanol fuel to sell directly to gas station owners, according to a statement. Oil
(Iowa Renewable Fuels Association) Failure to address tax differentials will raise fuel taxes for consumers, hurt farmers and producers — As Iowa’s elected leaders prepare to return to the State Capitol
by Kelsey Tamborrino (Politico’s Morning Energy) The IRS on Thursday released proposed rules for an expanded carbon capture and utilization tax credit, ending a more than two-year wait for the
by Lloyd Ritter (Green Capitol LLC/Biofuels Digest) A timely new report came out recently on sustainable aviation fuel (SAF), “Ready for Takeoff: Aviation Biofuels Past, Present, and Future,” written by the
by Jordan Solomon (Ecostrat Inc./Biofuels Digest) The US has over a billion tons of biomass which can be used as a key lever to drive economic recovery. USDA estimates that
by Roxby Hartley (EcoEngineers/Ethanol Producer Magazine) Carbon capture and sequestration (CCS) is receiving a lot of traction thanks to two exciting developments in 2018 and 2019: 1) California’s Low Carbon Fuel Standard
by Roberto Samora, Ricardo Brito and Gram Slattery (Reuters) Brazilian President Jair Bolsonaro effectively ruled out raising gasoline taxes on Thursday, a blow to the ethanol industry which had asked
(KIWA Radio/National Biodiesel Board) The National Biodiesel Board (NBB) is pleased that the Department of Commerce will keep countervailing duty orders on imports of Argentinian biodiesel. The Commerce Department made the
by Bernadette Christina (Reuters) Indonesia is likely to delay plans to raise bio-content in palm oil-based biodiesel to 40%, and keep going with an already ambitious 30% content, a senior official said,
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
by Jake Spring and Nayara Figueiredo (Reuters) Brazil’s Agriculture Minister Tereza Cristina Dias said on Thursday she was “frustrated” that measures
(Car and Driver) Are you thinking about switching to a biodiesel-compatible vehicle or running your current diesel car or truck
by Ana Mano and Roberto Samora (Reuters) Brazil plans to announce this week measures to support its ethanol sector, which has
by Ron Kotrba (Biodiesel Magazine) “In our space, on a myopic level, we are so used to getting battered around, we’ll
by Kelsey Tamborrino (Politico’s Morning Energy) … Both the House and Senate have begun work on surface transportation bills ahead
by Mark Dorenkamp (Brownfield Ag News) The head of the Renewable Fuels Association says although there’s no direct assistance for biofuels,
by Mike Newman (Parhelion Underwriting/Biofuels Digest) Carbon capture and sequestration (CCS) is an important strategy to reduce greenhouse gas (GHG) emissions and
(Biofuels International) Biodiesel producers, soybean farmers and other supporters in Iowa have urged state lawmakers to extend a break in
by Alan Adler (Freight Waves) … TravelCenters of America Inc. (NASDAQ: TA) reported higher fourth-quarter net income Tuesday from the
(Office of Congresswoman Chellie Pingree (D-Maine)) Congresswoman Chellie Pingree (D-Maine) today introduced the Agriculture Resilience Act (ARA), comprehensive legislation that sets
by Shelley Schlender (VOA) … The tiny single-celled, plantlike organisms known as algae are more efficient than other organisms at
by Melody M. Bomgardner (Chemical & Engineering News) … The most effective policies, economists and industrialists agree, are those that
by Kelsey Tamborrino (Politico’s Morning Energy) Almost two years after Congress initially expanded a tax incentive for carbon capture and sequestration
by Bruce Comer (Ocean Park/Biofuels Digest) Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four
by Kelsey Tamborrino (Politico’s Morning Energy) Four Democratic candidates for president — former Vice President Joe Biden, billionaire Tom Steyer,
by Cácia Pimentel* (Advanced Biofuels USA) On February 15th the Center on Global Energy Policy (CGEP) Carbon Management Research Initiative and the
by Alan Adler (Freight Waves) Waivers of blending rules for small refineries drive up pump price of renewable fuels. —
by Ron Kotrba (Biomass Magazine) The 13th Annual International Biomass Conference & Expo drew nearly 900 industry stakeholders to Nashville, Tennessee,
by Ron Kotrba (Biodiesel Magazine) The Internal Revenue Service published guidance Jan. 15 for companies seeking to claim the biodiesel and renewable diesel
by Mei Mei Chu (Reuters) Average palm oil prices will surge 17.9% this year, a Reuters poll of industry participants showed,
by James Osborne (Houston Chronicle) Almost two years after Congress passed a law more than doubling tax credits for power and
by Jim Lane (Biofuels Digest) Money, money, money – a growing bioeconomy needs lots of it. But with so many challenges
by Ron Kotrba (Biodiesel Magazine) From a company whose software facilitates small feedstock generators landing big contracts to a comprehensive
by Andrew Duguid (Battelle/Ethanol Producer Magazine) Changes to Section 45Q of the U.S. tax code have made it easier for
by Donavan Lim (S&P Global Platts) Indonesian PME exports to sink; CPO production stalls; B30 to support consumption — Analysts and traders fixated
by Kelsey Tamborrino (Politico’s Morning Energy) ON TO THE SENATE: The House passed the $1.4 trillion spending deal on Tuesday
(Our Transportation Future) Two-Thirds of Registered Voters Support Gasoline and Diesel Fuel Distributors Paying for Pollution; Survey Covers Seven States
(Ohio’s Country Journal) Executives from 11 national trade associations sent a letter to House and Senate leaders, highlighting the urgent need
(House Energy & Commerce Committee Republicans) “There are bipartisan bills in Congress that we could pass right now to ensure
by Mahmood Ebadian, Jim McMillan and Jack Saddler (IEA Bioenergy Task 39 Newsletter) … Task 39’s main focus remains on
by Philipp Stratmann (Velocys/Biofuels Digest) At this year’s ABLC Next Conference in San Francisco Velocys presented on the opportunity to produce
by Kelsey Tamborrino (Politico’s Morning Energy) New Jersey Sen. Bob Menendez called on the IRS’ watchdog to open an investigation
by Ron Kotrba (Biodiesel Magazine) U.S. Rep. Veronica Escobar, co-sponsor of the Biodiesel Tax Credit Extension Act (H.R. 2089), is scheduled
by Meghan Sapp (Biofuels Digest) In Washington, House Ways and Means Subcommittee on Select Revenue Measures Chairman Mike Thompson (CA-05) and
by Elizabeth Pineau (Reuters) France’s parliament on Friday voted to remove tax breaks for the use of palm oil as a
(National Biodiesel Board) The tax incentive is crucial to continued growth of the U.S. biodiesel industry — Today (November 12, 2019),
by Geert De Clercq and Gus Trompiz (Reuters) France’s constitutional court on Friday upheld a law excluding palm oil from
by Nick Savvides (American Shipper Freight Waves) … Madadh (pronounced Maddy) MacLaine, CEO of Zero Emissions Maritime Technology, Ltd. believes
by Ron Kotrba (Biodiesel Magazine) A series of unfortunate events this summer—all caused by U.S. government action or inaction—has led
by Erin Voegele (Biomass Magazine) Sens. Sherrod Brown, D-Ohio, and Pat Roberts, R-Kan., reintroduced the Agricultural Environmental Stewardship Act on Sept.
(Internal Revenue Service/Federal Register) … The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent
by David J. Lynch (Washington Post) … After two decades, Siouxland (Energy Cooperative) this month halted operations following the Environmental
by Kelsey Tamborrino (Politico’s Morning Energy) Led by Rep. Brian Fitzpatrick (R-Pa.), a group of House lawmakers introduced a bipartisan carbon
(Stay Grounded Network/Biofuelwatch) Planned protests in Montreal at International Aviation Assembly (24th of September to 4th of October) // New
(Organization for Economic Cooperation and Development) Taxing polluting sources of energy is an effective way to curb emissions that harm the
(NGVAmerica/NGV Journal) NGVAmerica members hosted a facility tour and policy roundtable with Senator Ted Cruz (R-TX) to discuss the importance of
by Doug Root* (Advanced Biofuels USA) Farm Fest in southern Minnesota is always a forum on the health of the
(Renewable Fuels Association) In a letter sent today (August 15, 2019), the Renewable Fuels Association encouraged Australia’s energy minister to strongly
by Geoff Cooper (Renewable Fuels Association/Washington Post) I was surprised to see in Catherine Rampell’s July 26 op-ed, “The Grand Old
by Clayton Coleman and Emma Dietz (Environmental and Energy Study Institute) A recent analysis published in Nature Energy found that continuing current fossil fuel
by Mark Riedy and Eddie Wang (Kilpatrick Townsend & Stockton LLP/Biofuels Digest) The recently-established Opportunity Zone Program offers developers, including start-up technology
by Victoria Bryan (Flight Dashboard/Flight Global) Heathrow Airport has recommended that targets be set for the use of sustainable biofuels and
by Erin Somerville (ABC News) Australia’s largest renewable biodiesel producer has restarted operations in north-east Victoria just three years after it
(Our Daily Planet) Starting in 2020, France will begin to introduce a new “ecotax” on air travel. The new charge, costing approximately
by Helena Tavares Kennedy (Biofuels Digest) In Brazil, a new regulation, Resolution No. 791, recently signed by the Ministry of Mines and
NBB Strongly Disagrees with Commerce’s Preliminary Decision to Change Argentine Biodiesel Duty Rates
(National Biodiesel Board) Commerce gives Argentina a trade break at the expense of U.S. biodiesel producers and soybean farmers — The
by Erin Voegele (Biomass Magazine) Rep. Mike Thompson, D-Calif., chairman of the House Ways and Means Subcommittee on Select Revenue Measures,
by Josh Siegel (Washington Examiner) Mayors gathering for their annual meeting Monday approved a resolution urging Congress to pass carbon pricing
(GreenAir Online) A coalition of EU States came together last week in the Netherlands to discuss how carbon pricing and taxes
(Biofuels International) Research commissioned by the International Air Transport Association (IATA) has shown that air passengers support the development of new
by Lisa Gibson (Ethanol Producer Magazine) Under new size specifications for the 45Q tax credit, almost all ethanol plants are eligible,
by Cindy Zimmerman (Energy.AgWired.com) House Ways and Means Select Revenue Measures Subcommittee Chairman Mike Thompson (D-CA) has introduced legislation to extend
(Office of Senator Chris Coons (D-DE)) Financing Our Energy Future Act would give clean energy projects access to a tax advantage
by Erin Voegele (Biomass Magazine) Sens. Chris Coons, D-Del., and Jerry Moran, R-Kan., and Reps. Mike Thompson, D-Calif., and Ron Estes,
by Shine Jacob and Dilasha Seth (Business Standard) The indirect tax department and oil marketing companies are locked in a battle
by Rob Hogg, Amanda Ragan and Bill Couser (Des Moines Register/Biofuels Vision 2020) As presidential candidates visit Iowa ahead of the caucuses,
by Chris Efird and Lou Soumas (The Chronicle) NEXT Renewable Fuels is building an advanced biofuel facility at Port Westward. Today
Marcela Ayres and Marcelo Teixeira (Reuters) The Brazilian government on Tuesday paved the way for ethanol makers to sell the fuel
by Julia Poska and the Civil Eats Editors (Civil Eats) We’ll be tracking policy positions and public statements so you don’t
(National Biodiesel Board) Congress can address the growing economic crisis in the agriculture sector, trade groups write — Thirteen trade groups representing
(Hunton Andrews Kurth) The Department of Treasury (“Treasury”) and Internal Revenue Service (“IRS”) have released Notice 2019-32 (the “Notice”) seeking comment
by Dean Scott (Bloomberg Environment) Senate Democrats home in on strategy for raising clean energy tax credits, highway bill reauthorization; Parallel effort on
by Glaucia Mendes Souza, Rubens Maciel Filho, Luís Cassinelli, Carlos Henrique de Brito Cruz, and Renato D. Godinho (IEA Bioenergy Task 39 Newsletter) 1. Status
by Erin Voegele (Ethanol Producer Magazine) Sen. Ron Wyden, D-Ore., and 25 colleagues introduced legislation May 2 that aims to overhaul
(Advanced Biofuels Canada/EIN News) Advanced Biofuels Canada commissions fourth annual report, with expanded coverage of Canadian biofuel use, greenhouse gas reductions,
by Helena Tavares Kennedy (Biofuels Digest) … What was a nationwide celebration and peaceful demonstrations for environmental reform in the U.S. by
by Ron Kotrba (Biodiesel Magazine) Canada’s federal government implemented a carbon pollution tax on fuels this month, and while the tax
by Lucas Davis and James Sallee (Energy Institute at Haas) In many countries the revenue from gasoline taxes is used to fund
(National Air Transportation Association /Aviation Pros) The letters were jointly issued by the Air Line Pilots Association, Airlines for America, the
(Vertimass/Cision/PR Newswire) Vertimass’ ethanol to renewable chemicals offers ethanol producers alternative product capability — The Iowa Economic Development Authority (IEDA) has approved
by Jonathan L. Ramseur and Jane A. Leggett (Congressional Research Service) … Members of Congress and stakeholders articulate a wide range of perspectives
“Effective, long-term policy instruments are needed to reduce the negative climate impact of aviation. Introducing a reduction quota scheme as
(GreenAir Online) A report commissioned by the Swedish government to investigate how GHG emissions can be reduced from aviation has proposed
(GreenAir Online) A recent proposal by the Netherlands finance ministry for an EU-wide aviation tax to deal with the sector’s growing
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