(Iowa Agribusiness Radio Network) The biofuels industry is closely watching as the White House administration, the EPA, and other agencies start to roll out policies for President Trump’s second term. The Renewable Fuels Association’s Troy Bredenkamp says the ethanol industry is
tax policy
Back TO HOMECarbon Credits or Loan Guarantees? Which Is the More Powerful Driver of a Bioeconomy?
by Jim Lane (Biofuels Digest) Every project in the world would prefer to have carbon credits AND a loan guarantee for first of kind technology. But, what if you not have both, but only one? Which would you choose? For a
February 07, 2025 Read Full Article
Biofuels Groups Weigh Trump Effects: Biofuels Policy Questions Left Open at Beginning of Second Trump Administration
by Todd Neeley (DTN Progressive Farmer) As the Trump administration appears to be moving at light speed to implement its agenda, biofuels industry officials said on Tuesday they still are trying to get a read on how a U.S. Environmental Protection
February 06, 2025 Read Full Article
BASF Says Climate-Smart Biofuels Have Longevity
by Nicole Heslip (Brownfield Ag News) A sustainability market development manager is bullish on decarbonization efforts continuing long into the future. Chad Asmus with BASF tells Brownfield 45Z tax credits allow farmers to be rewarded for their climate-smart efforts. “Low carbon intensity biofuels
February 06, 2025 Read Full Article
The Digest’s 2025 Multi-Slide Guide to the State of Low Carbon Hydrogen
by Jim Lane (Biofuels Digest) This presentation deck is a report by NexantECA, a consulting firm with extensive experience in the energy and chemicals sectors. The report focuses on the evolving landscape of low-carbon hydrogen, a critical component of the transition
February 06, 2025 Read Full Article
Government Considers Reinstating Tax Exemption on ISP for Green Hydrogen and Biomethane
by Barbara Silva (Journal de Negocios (Google Translation)) The Minister of Environment and Energy, Graça Carvalho, made it clear that "the Government is available to [...] maintain the tax incentive for renewable gases", while the Secretary of Tax Affairs said that
February 05, 2025 Read Full Article
The Digest’s 2025 Multi-Slide Guide to Strategic Fuels
by Jim Lane (Biofuels Digest) This presentation deck for Strategic Fuels outlines a proposed project for producing sustainable aviation fuel (SAF) from forestry waste in Louisiana, with a focus on achieving an “ultra-negative carbon footprint.” The project aims to utilize forestry
February 05, 2025 Read Full Article
What Happens if the US Doesn’t Lead on SAF? ‘Other Countries Will,’ Experts Warn
by Jon Adamy (Farm News Media/ Michigan Farm News) According to a 2023 report, emission levels from the production, dissemination, transportation, and combustion of sustainable jet fuels are roughly 75% lower than those from fossil jet fuels. -- Farm and fuel groups agree:
February 05, 2025 Read Full Article
Farm Futures: Biofuels Face Uncertainty after Record Year
by Bruce Blythe (Farm Progress) Ethanol exports hit new highs and soy oil use for biofuels reached record levels in 2024. Farmers now eye red flags amid changing demand patterns and policy uncertainty. --- After a blockbuster 2024 for U.S. biofuels, the
February 05, 2025 Read Full Article
Biofuel, Bioenergy Groups Urge Continued Support for 45Q Tax Credit
by Erin Voegele (Ethanol Producer Magazine) Representatives of the U.S. biofuels and bioenergy industries are among more than 160 companies, trade groups, labor unions and policy organizations that are calling on federal lawmakers to maintain support for the 45Q tax credit. The
February 04, 2025 Read Full Article
Increasing Demand for Ethanol: Ships, Planes, Trains–Have We Forgotten about the Automobile?
Doug Durante (Clean Fuels Development Coalition/South Dakota Farmers Union) There is an old saying usually attributed to politicians that isn’t exactly the king’s English, but the message is clear: “Dance With the One That Brung Ya” – meaning stay with what
February 03, 2025 Read Full Article
Montana Renewables Announces Timing Update for DOE Loan Facility
(Calumet/PR Newswire) Calumet, Inc. (NASDAQ: CLMT) ("Calumet," the "Company," "we," "our" or "us") has been informed by the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") that the first tranche of approximately $782 million under the guaranteed loan facility that was previously approved
January 30, 2025 Read Full Article
Republican Floats Repeal of 45Z Clean Fuel Credit
by Cole Martin (Argus Media) A Republican lawmaker has quietly introduced a bill to repeal a key subsidy for low-carbon fuels, complicating a debate among lawmakers on what to do with clean energy incentives provided by the Inflation Reduction Act. The bill,
January 28, 2025 Read Full Article
Lawmakers Urged to Protect Key CCS Incentive
by Carlos Anchando (Politico Pro Energywire) Supporters of carbon capture composed a letter defending the 45Q tax credit. -- More than 160 companies, power providers and other carbon capture backers pressed congressional leaders to defend one of the sector’s preeminent incentives amid
January 28, 2025 Read Full Article
Let’s Be Realistic about Green Hydrogen
by Robin Gaster (Utility Dive/Energy Today) Green hydrogen has been touted as the Swiss Army knife of clean energy. It generates no greenhouse gas emissions because it is made by applying green electricity to water to create hydrogen and oxygen. This
January 27, 2025 Read Full Article
Aemetis Provides Update on Federal Policies in the United States and Operations in India
(Aemetis/Stockhouse/NEWMEDIAWIRE) - Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company, today (January 23, 2025) provided an update on the impact of various federal policies in the United States and operations at the Aemetis biodiesel plant in
January 24, 2025 Read Full Article
Sustainable Aviation Fuel to Add Demand for Corn, Soybeans
by Martha Blum (AgriNews) Adding sustainable aviation fuel to the list of products made from corn and soybeans may help increase profits for U.S. farmers. “Sustainable aviation fuel is produced from renewable feedstocks like corn and soybeans,” said Noelle Neef, assistant director
January 24, 2025 Read Full Article
Will 45Z Move the Needle for Greener Fertilizer?
by Cassidy Walter (Successful Farming) ... Last spring, the U.S. Treasury Department released guidance for the 40B Sustainable Aviation Fuel (SAF) Tax Credit, which included the creation of the USDA Climate Smart Agriculture Pilot Program. The program enabled corn farmers practicing
January 24, 2025 Read Full Article
Course Correction: California’s Withdrawal of Its Clean Air Act Waiver Request to EPA
by Allen Schaeffer (Engine Technology Forum) ... Newly inaugurated President Donald Trump has already issued executive orders to withdrawal the US from the Paris climate accord, eliminate the EV tax credit, and unleash American energy; measures that largely reverse course on the past
January 22, 2025 Read Full Article
Unfinished Energy Tax Credits Caught in Trump's Rulemaking Pause
by Erin Schilling (Bloomberg Tax) Agency rulemaking goes quiet as Trump takes office; Clean fuel, EV charger tax credits await final rules President Donald Trump’s freezing of all pending agency rules during the first day of his administration also halted the wave of
January 22, 2025 Read Full Article
House Budget Menu Eyes Cuts to Climate Law Credits, Funding
by Kelsey Tamborrino and James Bikales (Politico Pro) A new document obtained by POLITICO lists a menu of items that Republicans are considering for cost-saving offsets for their planned package of tax cuts and other priorities. -- House Republican lawmakers are targeting
January 21, 2025 Read Full Article
Biodiesel Plants Shut Down across Iowa
by Brent Barnett (Brownfield Ag News) The head of the Iowa Renewable Fuels Association says several biodiesel plants have idled across the state. Monte Shaw tells Brownfield the plants stopped production after the blenders tax credit ended on December 31st. “They were
January 18, 2025 Read Full Article
Aviation Orgs Urge Congress to Extend Clean Fuel Credit
by Kerry Lynch (AIN Online) Orgs say 10 years is necessary to ensure market certainty -- A coalition of 15 aviation stakeholders is urging U.S. congressional leaders to enhance tax incentives for sustainable aviation fuel (SAF). In letters to Senate Majority Leader
January 17, 2025 Read Full Article
Green Plains Announces 100% of Rights of Way Acquired on ‘Advantage Nebraska’ Carbon Capture Project with Lateral Construction Underway
(Green Plains) Green Plains Inc. (NASDAQ:GPRE) today announced that key milestones for the ‘Advantage Nebraska’ carbon strategy have been met and the project remains on track for operation in the second half of 2025. These facilities are expected to be among
January 17, 2025 Read Full Article
All Things Aviation: SAF and the Sticky Issue of Feedstocks Podcast
Featuring Sarah Abu Bakar, Rob Hatchett, Wes Petkau, Ji Yang Lum (S&P Global) In this episode of the Platts Future Energy Podcast, our feedstock and biofuel research analysts discuss implications of global biofuel policy uncertainty and the potential impacts that trade tariffs
January 16, 2025 Read Full Article
Growth Energy Releases Federal Policy Roadmap to Revitalize Rural America and Unleash American Energy Dominance
(Growth Energy) Growth Energy, the nation’s largest biofuel trade association, released a roadmap to revitalize rural America today, identifying specific policy goals and actions the 119th Congress and the incoming Trump administration should take to unleash American energy dominance through the expanded use of
January 16, 2025 Read Full Article
Ag Policy Blog Hundreds of Ag Groups Write Senators Backing Ag Secretary Nominee Brooke Rollins as Hearing Date Set
by Chris Clayton (DTN Progressive Farmer) On Wednesday, 427 national and state agricultural groups and agribusinesses on Wednesday sent a letter to leaders of the U.S. Senate Agriculture Committee supporting Brooke Rollins' nomination as Agriculture secretary and calling on the committee
January 16, 2025 Read Full Article
U.S. Department of Energy Releases 45ZCF-GREET and 45VH2-GREET Update
(U.S. Department of Energy) Today, the U.S. Department of Energy released the 45ZCF-GREET model. This announcement follows the U.S. Department of the Treasury and Internal Revenue Service guidance on the Clean Fuels Production Credit (section 45Z) released on January 10,
January 15, 2025 Read Full Article
Canada Markets: Why US Clean Fuels Policy May Mean Even Higher Canola Oil Imports
by Mitch Miller (DTN Progressive Farmer) While there are many questions left to be answered by the incoming Trump administration's final rule, the United States Department of the Treasury and the IRS felt confident enough to issue short-term guidance on the
January 14, 2025 Read Full Article
Ethanol Blog Agriculture, Energy Groups Weigh Next Steps on 45Z Clean Fuels Production Tax Credit
by Todd Neeley (DTN Progressive Farmer) ... Companies that have relied on the biodiesel blenders tax credit, which expired at the end of 2024, were expecting to replace the blenders credit with 45Z. Now, there will continue to be a push to
January 14, 2025 Read Full Article
2025 Ag & Food Policy Summit --- March 17, 2025 --- Washington, DC

"Navigating Taxes, Trade and Technology: What's Ahead for Food & Agriculture" The National Press Club - Washington, D.C. -- For American agriculture and the U.S. food system, 2025 has the potential to bring more sweeping legislative and regulatory changes than we’ve
January 13, 2025 Read Full Article
The Digest’s 2025 Multi-Slide Guide to the Corn to Chemicals Summit
by Jim Lane (Biofuels Digest) This presentation deck details the proceedings of the 2024 Corn to Chemicals Summit, highlighting efforts to increase demand for corn by exploring new uses beyond traditional applications like ethanol, feed, and export. The summit features the
January 13, 2025 Read Full Article
The Year of Deploying Dangerously: Bioeconomy Opportunities for 2025
by Jim Lane (Biofuels Digest) ... The cold flowing out of Washington DC in the form of 45Z tax credit guidance is matched only by the heavy Eastern snow. Fires rage in Los Angeles fueled by two wet winters, the US is
January 13, 2025 Read Full Article
Can Sustainable Aviation Fuel Propel Agriculture to New Heights?
by Damian Mason (The Business of Agriculture Podcast) Sustainable Aviation Fuel (SAF) could become a game-changer for production agriculture, driving a surge in demand for corn and soybeans—two crops currently facing significant oversupply challenges. But will SAF truly take off? What
January 13, 2025 Read Full Article
Biden Administration to Release Short-term Guidance on Clean Fuel Tax Credit, Sources Say
by Jarrett Renshaw (Reuters) President Joe Biden's administration expects to release short-term guidance on clean fuel tax credits on Friday and leave final decisions to President-elect Donald Trump's incoming administration, according to two sources familiar with the plan. With the news, biofuel
January 10, 2025 Read Full Article
Tidewater Renewable Ltd. Files Countervailing (Anti-Subsidy) and Anti-Dumping Duty Complaint to Address Unfairness in the Canadian Renewable Diesel Market
(Tidewater Renewables/CISION) Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Corporation") (TSX: LCFS) has taken decisive action to protect fair competition in the Canadian renewable diesel market by filing a countervailing (anti-subsidy) and anti-dumping duty complaint (the "Complaint") with the Canada Border Services Agency
January 08, 2025 Read Full Article
Sustainable Aviation Fuel's Fast Start Hits a Speed Bump
by Bill Carey (Aviation Week) Increasing production of SAF in the U.S. will fall to the Republican-controlled Congress and the second Trump administration. -- Bizav embraces sustainable aviation fuel; More fixed-base operators are supplying blended SAF; Future production incentives are in doubt Business
January 06, 2025 Read Full Article
Johnson Vows to End Biden EV Policies: The Speaker Stressed Energy Issues after Securing the Gavel.
by Timothy Cama (E&E News PM) Speaker Mike Johnson pledged Friday that the Republican-led House would prioritize ending electric vehicle policies and other Democratic climate change efforts. Addressing colleagues shortly after securing the gavel, Johnson laid out a number of top priorities
January 06, 2025 Read Full Article
2024 Saw Rapid Growth for Biodiesel, Renewable Diesel
(Clean Fuels Alliance America) The U.S. is on pace to surpass 5 billion gallons of biodiesel and renewable diesel consumption for the first time, capping a 2024 that saw increased efforts from states to drive adoption, updates to technical standards, growth
December 30, 2024 Read Full Article
Montana Renewables Receives Approval of Excise Tax Registration
(Calumet/PR Newswire) Montana Renewables, LLC announced today that it has received approval of its Excise Tax Registration from the Internal Revenue Service. Registration is the first step toward allowing the business to claim clean fuel Production Tax Credits (PTC) for existing
December 29, 2024 Read Full Article
The Transition to Sustainable Aviation Fuel: Understanding Demand Response to Jet Fuel Price Changes
by Sohyeon Ryu and Joe Janzen (farmdoc daily) ... Such policy aims to reduce emissions created by jet fuel use by encouraging a switch to lower-emission sustainable aviation fuels (SAF) made from plant biomass, vegetable oils, sugars, and alcohols including ethanol.
December 27, 2024 Read Full Article
ABFA Welcomes New Leaders, Members at Annual Meeting
(Advanced Biofuels Association/Biobased Diesel Daily) The Advanced Biofuels Association (ABFA) convened global leaders in the biofuels industry at its annual member and executive-board meeting Dec. 11–12 in Washington, D.C. The event capped a noteworthy year for the industry, with ABFA’s election of new leadership,
December 24, 2024 Read Full Article
Gov. Pritzker Announces New $820M Sustainable Aviation Fuel Investment in Southwest Illinois
(Office of Illinois Governor JB Pritzker) Avina Clean Hydrogen selects Illinois for new multi-million dollar investment, creates 150 new full-time jobs -- Governor JB Pritzker, Avina Clean Hydrogen, and the Illinois Department of Commerce and Economic Opportunity (DCEO) today announced the
December 24, 2024 Read Full Article
Viewpoint: US Tax Fight Next Year Crucial for 45Z
by Cole Martin (Argus Media) ... The 45Z tax credit, which offers greater subsidies to fuels that produce fewer emissions, is poised to kick off in January. ... Biofuels support is a less likely target for repeal than other climate policies, energy lobbyists
December 24, 2024 Read Full Article
Graves Signals Gas Tax as a Funding Mechanism Likely Here to Stay
by Chris Marquette (Politico Pro) House Transportation Committee Chair Sam Graves (R-Mo.) suggested Monday (December 16, 2024) that he isn't likely to push for a wholesale shift away from the gasoline tax in favor of something like vehicle miles traveled — but reiterated
December 19, 2024 Read Full Article
Senators Seek Answers from EPA on UCO Imports
by Erin Voegele (Biodiesel Magazine) Sens. Joni Ernst, R-Iowa, Roger Marshall, R-Kan., and four of their colleagues on Dec. 13 sent a letter to U.S. EPA Administrator Michael Regan regarding surging imports of used cooking oil (UCO), much of which comes
December 18, 2024 Read Full Article
It’s Go Time for Gavin Newsom’s Riskiest Oil Moves
by Wes Venteicher (Politico) ... Gov. Gavin Newsom has blamed Big Oil’s greed for the state’s highest-in-the-nation gasoline prices for two years. The year ahead could make his case or break it. His administration is set to decide whether to impose aggressive,
December 17, 2024 Read Full Article
Treasury Expands Language for IRA Biogas Tax Credit
by Zack Budryk (The Hill) The Treasury Department’s rule for implementing the Inflation Reduction Act’s (IRA) renewable energy tax credits will incorporate new language that will provide greater benefits for operations that refine natural gas from organic waste. The announcement comes following
December 16, 2024 Read Full Article
RFA Shares Input with House Ways and Means on Biofuel Tax Credits
(Renewable Fuels Association) With certain modifications and proper implementation, the Clean Fuel Production Credit (“45Z”) could create important new market opportunities for farmers, lower fuel prices for consumers, enhance energy security, and reduce emissions, the Renewable Fuels Association wrote today in response to a
December 16, 2024 Read Full Article
Bennet, Murkowski Introduce Bill to Support Wide Range of Carbon Dioxide Removal Approaches
(Office of Michael Bennet (D-CO)) U.S. Senators Michael Bennet (D-Colo.) and Lisa Murkowski (R-Alaska) introduced the Carbon Dioxide Removal Investment Act to establish a new production tax credit designed to jumpstart the United States’ carbon dioxide removal (CDR) industry. The tax
December 11, 2024 Read Full Article
Mosbey Feted for Ethanol Industry Leadership
by Tom C. Doran (Agri-News) The general manager of locally-owned ethanol plant was the recipient of the Illinois Corn Growers Association’s Ethanol Award. Eric Mosbey, of LincolnLand Agri-Energy in Palestine, who recently served as Illinois Renewable Fuels Association president, received the honor
December 11, 2024 Read Full Article
Climate-Smart Farming Proposal Heads to White House Review
by Marc Heller (Politico Pro Climatewire) An important element of a forthcoming clean energy tax credit is advancing as the Biden administration runs against the clock. -- A key part of the Biden administration’s plan to connect biofuel policy to climate-smart farming
December 11, 2024 Read Full Article
The Case for Conversion: Gevo Inc. Expects to Acquire Red Trail Energy Assets
by Luke Geiver (Ethanol Producer Magazine) Gevo Inc. expects to close early this year on a deal to acquire the ethanol production and carbon capture and storage assets of Red Trail Energy LLC in Richardton, North Dakota, for $210 million. Gevo
December 11, 2024 Read Full Article
USDA Submits Rule on Biofuel Feedstocks
(Agri-Pulse) USDA has submitted an interim final rule relating to the type of climate-smart agriculture crops used for biofuels. The rule, entitled “Technical Guidelines for Climate-Smart Agriculture Crops Used for Biofuel Feedstocks,” was submitted Friday (December 6, 2024). No additional details
December 10, 2024 Read Full Article
Used Cooking Oil Seen as Canola Risk
by Sean Pratt (Western Producer) Chris Vervaet, executive director of the Canadian Oilseed Processors Association, which represents most of the crushers operating in Canada, called the importation of used cooking oil a “very big risk” to the canola industry, undermining what
December 09, 2024 Read Full Article
LCFS Trends and the Energy Transition: A Deep Dive with Megan Boutwell
(OPIS Talks Podcast) In this episode of OPIS Talks, you'll hear from Megan Boutwell, president of Stillwater Associates, an energy consulting firm focused on the energy transition. Boutwell shares insights into what we might expect from the biofuels and LCFS markets
December 09, 2024 Read Full Article
MOSTI Aims to Produce Two Million Tons of Hydrogen Annually by 2030
(Bernama/The Sun) The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR). Science, Technology,
December 06, 2024 Read Full Article
Can You Still Bank On Carbon Opportunities?
by Margy Eckelkamp (AgWeb) Five years after their introduction, carbon offset markets have evolved, and some have disappeared. -- Carbon offset markets caused quite the buzz in 2020 with a flurry of more than a dozen opportunities for farmers being introduced in
December 06, 2024 Read Full Article
Treasury Eyes 45Z Guidance before Biden Exit
by Cole Martin (Argus Media) The US Department of Treasury said it still plans to issue guidance before president Joe Biden leaves office next year clarifying how refiners can qualify for a new tax credit for clean fuels. The agency "anticipates issuing
December 04, 2024 Read Full Article
Small Volumes of Renewable Diesel Are Now Consumed on the U.S. East Coast
by Jimmy Troderman (U.S. Energy Information Administration) In 2024, the U.S. East Coast became a consistent destination for small volumes of renewable diesel as a few suppliers and local governments began offering or consuming the fuel. Because no renewable diesel is produced
December 03, 2024 Read Full Article
National Sorghum Producers Chairwoman Says Crop Is Vital to U.S. Biofuel Production
by Brandon Peoples (Brownfield Ag News) The chairwoman of National Sorghum Producers says the group will continue to promote sorghum as an option to help meet biofuels production goals. Amy France says in terms of climate-friendly crops, sorghum ranks near the top. “As we look at
December 03, 2024 Read Full Article
Trump Vowed to Kill Biden’s Climate Law. Republicans Say Not So Fast.
by Scott Patterson (Wall Street Journal/MSN) Donald Trump’s campaign-trail vow to end President Biden’s signature climate law is running into a cold reality: Too many Republican lawmakers want to keep it. The Inflation Reduction Act has channeled billions of dollars to renewable-energy
December 03, 2024 Read Full Article
Sort Out the Biofuels Provisions of the Inflation Reduction Act
by Margy Eckelkamp (AgWeb) What you need to know about the 40A biofuels tax credit, 40B sustainable aviation fuel credit and 45Z clean fuel production credit -- Enacted in August 2022, the Inflation Reduction Act (IRA) restructured biofuels tax credits in three
December 02, 2024 Read Full Article
Capito, Manchin Announce Progress Empowering West Virginia to Permit Carbon Storage Projects
(Office of Shelly Moore Capito (R-WV)) Today (November 22, 2024), U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Environment and Public Works (EPW) Committee, and U.S. Senator Joe Manchin (I-W.Va.), Chairman of the Senate Committee on Energy and Natural
November 27, 2024 Read Full Article
Biofuel Consumption Surges Following Implementation of Canada’s Clean Fuel Regulations: Biofuels in Canada 2024 report
(Advanced Biofuels Canada/EIN Newswire) New report shows significant ramp up in adoption of low carbon fuels and cost-effective avoided emissions -- Advanced Biofuels Canada (ABFC) announced the release of the ninth annual Navius Research Biofuels in Canada (BIC) report, the annual quantitative report
November 26, 2024 Read Full Article
Ethanol Blog Nebraska Ethanol Board's McPheeters Talks Biofuels Future in Trump Administration ... Cover Crops Future
by Todd Neeley (DTN Progressive Farmer) Nebraska Ethanol Board Vice Chairman Scott McPheeters spent time talking to agriculture journalists on all things farming and biofuels, during an Agricultural Communicators Network workshop in Omaha last week. ... One of the keys to ethanol producers
November 26, 2024 Read Full Article
Trump Selects Brooke Rollins to Be Agriculture Secretary
by Maegan Vazquez (Washington Post) Rollins runs the America First Policy Institute, which has largely stayed out of the spotlight but has made numerous proposals for the second term. -- President-elect Donald Trump announced on Saturday that he has picked Brooke Rollins, a former
November 23, 2024 Read Full Article
Trump Picks Scott Bessent, Financier Who Embraced MAGA, for Treasury
by Jeff Stein (Washington Post) Bessent, who prevailed after an intense lobbying effort by his allies, has emerged over the past year as a trusted Trump adviser -- President-elect Donald Trump on Friday selected hedge fund executive Scott Bessent to be the next
November 23, 2024 Read Full Article
Fischbach, Ways and Means Colleagues Request Input from Stakeholders on Biofuel Tax Policy
(Office of Congresswoman Michelle Fischbach (R-MN-07) ) Yesterday, Congresswoman Michelle Fischbach (MN-07) and several of her colleagues on the U.S. House Ways and Means Committee released a request for information from relevant stakeholders on biofuel tax policy. Public Law 117-169, enacted in 2022, made significant
November 22, 2024 Read Full Article
House GOP Tax Writers Seek Industry Input on Biofuel Credits
by Chris Cioffi (Bloomberg Tax) House Republican tax writers are seeking comments from biofuel supply chain stakeholders as existing tax credits near expiration and Treasury guidance on a replacement credit remains outstanding. Guidance on the 45Z credit enacted in the Democrats’ 2022
November 19, 2024 Read Full Article
Corteva Announces Intent to Partner with bp to Develop Low Carbon Intensity Bio-Feedstock for Aviation Fuel Production
(Corteva/PR Newswire) Corteva Inc. (NYSE: CTVA) announced today a collaboration with bp (NYSE: BP, LSE: BP.L) on the companies' shared intent to form a crop-based biofuel feedstock joint venture (JV). The JV envisaged by Corteva and bp would produce and deliver crop-based biofuel feedstocks
November 19, 2024 Read Full Article
China to End Export Tax Rebates on Aluminum, Copper, Biofuel Feedstock Dec. 1
(S&P Global) ... In a statement Nov. 15, China's finance ministry said that from next month, it will end tax relief for exports of products spanning aluminum, copper and biofuel feedstocks, which previously benefited from a 13% rebate on export duties. Reduced
November 18, 2024 Read Full Article
Agri-Pulse Open Mic: Michael McAdams, President, Advanced Biofuels Association
by Jeff Nalley (Agri-Pulse) This week’s Open Mic guest is Michael McAdams, President of the Advanced Biofuels Association. After an extensive career serving on Capitol Hill, McAdams founded the ABFA in 2006. The group represents all aspects of the advanced biofuels
November 18, 2024 Read Full Article
Decoding Decarbonization
by Katie Schroeder (Ethanol Producer Magazine) With myriad technologies and decarbonization strategies to explore, and a growing list of compliance and carbon credit markets to access, ethanol producers have many decisions in front of them. The various lifecycle carbon analysis models,
November 15, 2024 Read Full Article
Challenges and Opportunities for B.C. Biofuels
by Nelson Bennett (Delta Optimist) Biofuels' environmental and economic opportunities for Canada: C.D. Howe -- Canada is well-positioned to profit both environmentally and economically from a growing biofuel industry, but faces risks in scaling up biofuel production in a way that is
November 13, 2024 Read Full Article
Fuel Groups Warn of Higher Prices without Tax Credit Certainty
by Kim Chipman and Tarso Veloso (Bloomberg) More than 30 trade groups across the energy, farming and transport sectors say a lack of US government guidance on tax credits is putting Americans at risk of higher fuel prices. The current
November 13, 2024 Read Full Article
Special Issue: What to Expect during the Trump II Presidency
(American Energy Society/Energy Matters) From experience, we all know that when Donald Trump is president, nothing is certain. It is hard to predict how the energy sector will change, both domestically or around the world. This special issue of Energy Matters
November 12, 2024 Read Full Article
TRA Proposes Measure on Argentinian Biodiesel Is Maintained Public Comment DEADLINE November 29, 2024
(U.K. Trade Remedies Authority) In a Statement of Essential Facts, the TRA has proposed that the duty payable on imports of Argentinian biodiesel is maintained until February 2029. -- The Trade Remedies Authority (TRA) has today (Friday 8 November) provisionally proposed that a
November 12, 2024 Read Full Article
Biofuel Tax Credit Extension Introduced
by Cindy Zimmerman (Energy.AgWired.com) Ethanol champion Rep. Mariannette Miller-Meeks (R-IA) held on to her seat in Congress in a close race last week, and after declaring victory she immediately joined Sharice Davids (D-KS) in introducing legislation to extend the Second Generation Biofuel Producer
November 11, 2024 Read Full Article
Trump Win Could Reshape US Biofuels Incentives
by Cole Martin (Argus Media) ... The Inflation Reduction Act's "45Z" tax credit, starting in January, will offer greater federal subsidies to fuels that produce fewer emissions. The Biden administration could issue long-awaited guidance spelling out how the government will calculate carbon intensities
November 07, 2024 Read Full Article
PBF Energy Expects Renewable Diesel Production, Economics to Improve in Q4
by Erin Voegele (Biomass Magazine) PBF Energy Inc. on Oct. 31 announced that its St. Bernard Renewables facility produced 13,000 barrels per day of renewable diesel during the third quarter. Production is expected to increase during the fourth quarter. The company previously
November 06, 2024 Read Full Article
Indonesia Plans Gradual Shift to B100 Biodiesel for Energy Security
(Antara) The government is developing a concept design to produce biodiesel up to B100 as part of its efforts to achieve energy self-sufficiency. This was announced by Minister of Energy and Mineral Resources Bahlil Lahadalia during a press conference in Jakarta on
November 04, 2024 Read Full Article
Broad & Bipartisan Backing: Carbon Management Technologies Enjoy Broad Support
by Leo Duke and Diana Leane (Carbon Capture Magazine) ... (P)olitical, business, economic, and environmental leaders agree on the need for these technologies as part of the overall mix of technologies to address climate change. ... 45Q Sets the Foundation for Commercial Deployment
November 01, 2024 Read Full Article
Singapore Offers Big Incentives for Cleaner Ships
by Jim Kendrick (Biofuels Digest) In Singapore, the Maritime and Port Authority of Singapore is updating its Green Ship Program, offering incentives for Singapore-registered vessels using low- and zero-emission fuel technologies, starting January 1, 2025. Ships that adopt zero-emission engines, like
October 31, 2024 Read Full Article
EU Approves Swedish Tax Exemption Schemes for Non-Food Biogas and Bio-Propane
(Bioenergy Insight) The European Commission has concluded that two Swedish tax exemption schemes for non-food-based biogas and bio-propane used for heating or as motor fuel are in line with EU State aid rules. In June 2020, the Commission had approved the schemes
October 31, 2024 Read Full Article
Canada's Renewable Diesel Projects Hit by US Import Surge
by Shariq Khan and Nia Williams (Reuters) US exports 530 mln litres of renewable diesel to Canada in H1; Falling credit market values will hit cash flow for new projects; British Columbia government not planning changes to LCFS program -- Canadian renewable fuel producers
October 29, 2024 Read Full Article
Pacific and Caribbean Island Nations Call for the First Universal Carbon Levy on International Shipping Emissions
by Teresa Tomassoni (Inside Climate News) The International Maritime Organization has been asked to enact a carbon levy of $150 per ton of emissions from large freight and passenger ships. The IMO’s 175 member nations have until next year to vote.
October 26, 2024 Read Full Article
European Biodiesel Board Achieves Major Success in Fight against Unfair Indonesian Biodiesel Imports after Years of Litigation before the European Courts
(European Biodiesel Board) The European Biodiesel Board (EBB), which represents the interests of European biodiesel producers, obtained today a favourable judgement from the Court of Justice (case C-112/23 P), which rejected the appeal formed by Indonesian exporters PT Pelita Agung Agrindustri
October 25, 2024 Read Full Article
Calculating Paths to Cleaner Corn
by Sue Retka Schill (Ethanol Producer Magazine) ... Impressive 45Z tax credit incentives promise to reward ethanol producers who succeed in driving their CI below the qualifying threshold in the Inflation Reduction Act. The incentives are potentially even greater for those who
October 24, 2024 Read Full Article
Republican Senator Says Trump Could Back this Climate Bill
by Kelsey Brugger (Politico Pro Greenwire) Bill Cassidy of Louisiana discussed his legislation during an energy summit back home. -- Louisiana Republican Sen. Bill Cassidy convened energy industry executives this month to promote an idea that historically has been derided in conservative
October 23, 2024 Read Full Article
Fuel Retailers Applaud Dear Colleague Letter Urging Biodiesel Tax Credit Extension
(NATSO/PR Newswire) NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores (NACS), today applauded Representative Mike Carey (R-Ohio) for leading a Dear Colleague letter urging all Members of the House of Representatives
October 21, 2024 Read Full Article
Treasury, IRS Issue Guidance for the Sustainable Aviation Fuel Credit (40B)
(Internal Revenue Service) The Treasury Department and Internal Revenue Service today issued Notice 2024-74 PDF for the Sustainable Aviation Fuel (SAF) credit created by the Inflation Reduction Act. The SAF credit ranges from $1.25 to $1.75 for each gallon of sustainable aviation fuel in a
October 21, 2024 Read Full Article
Biofuel Groups Urge Flexibility in 45Z CSA Requirements
by Erin Voegele (Biomass Magazine) The USDA on Oct. 15 held a third virtual listening session as part of its public consultation on climate-smart agriculture for biofuel feedstocks. During the event, representatives of the U.S. biofuel sector advocated for flexibility in
October 16, 2024 Read Full Article
Trade Group Welcomes Norway’s Proposal to Reduce Biodiesel Tax
(Drivkraft Norge/Biobased Diesel Daily) The Norwegian trade association Drivkraft Norge, which represents energy and fuel companies, announced Oct. 7 that it is satisfied the government of Norway is now proposing to reduce the road-use fee on biodiesel for 2025. Changes in the
October 15, 2024 Read Full Article
Sustainable Aviation Fuel: According to Plan
by Anna Simet (Biomass Magazine) Doubling in attendance from its debut in 2023, the North American SAF Conference & Expo drew over 500 industry stakeholders to discuss progress and double down on initiatives to reach the near- and long-term goals of
October 15, 2024 Read Full Article
North American RNG Surpasses 400 Operational Facilities
(Coalition for Renewable Natural Gas/Biomass Magazine) The Coalition for Renewable Natural Gas (RNG Coalition) announces a major milestone in the growth of the renewable natural gas industry, with 433 facilities now operational across North America. This achievement represents a significant leap
October 15, 2024 Read Full Article
Gadkari Reviews Industry’s Preparedness for Launch of Ethanol and Flex Fuel Vehicles
by Subhash Narayan (Mint) The minister asked automobile manufacturers to look into ways of making ethanol and flex fuels more widely acceptable. -- Minister for road transport and highways Nitin Gadkari has asked automobile manufacturers to look into ways of making ethanol
October 15, 2024 Read Full Article
Daybreak Oct. 8: White House Hosts Farm Groups, Ag Leaders
by Lydia Johnson, Steve Davies, Noah Wicks, and Rebekah Alvey (Agri-Pulse) USDA and the White House will host selected farm groups for meetings today (October 8, 2024) with government officials to discuss the Biden administration’s key ag and rural investments. The “Farmers
October 09, 2024 Read Full Article
Harris Courts Trump’s Base as Battle for Rural Vote Heats Up
by Kim Chipman, Miranda Davis, and Isis Almeida (Bloomberg) ... Biofuels Boom -- Democrats are turning Trump’s threat to repeal the IRA into a talking point. Biden’s landmark climate legislation is expected to give a boost to corn and soybean growers, with
October 09, 2024 Read Full Article
Unlocking Ethanol Access: The United States Department of Agriculture’s (USDA) Natural Resource Conservation Service (NRCS) Recently Approved a $25 Million (€23 Million) Investment
(Biofuels International) The United States Department of Agriculture’s (USDA) Natural Resource Conservation Service (NRCS) recently approved a $25 million (€23 million) investment in the American Coalition for Ethanol (ACE)-led Regional Conservation Partnership Programme (RCPP) expansion. This builds on the successful South Dakota-based
October 03, 2024 Read Full Article
It’s Go Time: Prepare Your Data Now For Biofuels Tax Credits
by Cheyenne Kramer (AgWeb/Top Producer Podcast) Mitchell Hora of Continuum Ag joins the Top Producer podcast to share why he believes taking advantage of these credits will be the biggest opportunity in agriculture. -- With ...–the clean fuel production tax credit for
October 03, 2024 Read Full Article
Gadkari Calls for Lower GST on Flex-Fuel Cars to Encourage Biofuel Usage
(Press Trust of India/Outlook Planet) Flex-fuel-compatible cars can run on more than one type of fuel and also on a mixture. Typically, a blend of petrol and ethanol or methanol is used -- At present, 28 percent GST is levied on vehicles
October 02, 2024 Read Full Article
Illinois Announces Incentives for SAF Project under Development at Previously Shuttered Ethanol Plant
by Erin Voegele (Ethanol Producer Magazine) The government of Illinois on Sept. 30 announced Crysalis Biosciences Inc. will receive incentives under the state’s Reimagining Energy and Vehicles in Illinois (REV Illinois) program to support its sustainable aviation fuel (SAF) project under
October 02, 2024 Read Full Article
Senator Brown: Boosting Energy Independence and Biofuel Production with Ohio Farmers
(Office of US Senator Sherrod Brown (D-OH)) I’m always looking for ways to grow new markets for Ohio farmers, and one industry where we see tremendous potential in Ohio is in biofuels – things like ethanol and sustainable aviation fuel and
October 02, 2024 Read Full Article
Treasury Aims to Publish Final Clean Hydrogen Rules by Year End
by Kelsey Tamborrino (Politico Pro) The department is working to complete regulations for several tax provisions of the Democrats' climate law before the end of President Biden's term. -- The Treasury Department intends to finalize rules for the production of clean hydrogen
October 02, 2024 Read Full Article
Ethanol Groups Urge Book and Claim for CSA
by Cindy Zimmerman (Energy.AgWired.com) USDA received testimony Tuesday at a public consultation on climate-smart agriculture (CSA) and biofuel feedstocks urging federal agencies to embrace book-and-claim supply chain management approaches to decouple CSA carbon credits. Renewable Fuels Association President and CEO Geoff Cooper said
October 02, 2024 Read Full Article
First-District Congressman Visits One of the First Dry Mill Ethanol Plants Built in Minnesota, Views the Ethanol Industry’s History and Future
(Minnesota Bio-Fuels Association) -- Rep. Brad Finstad visited Minnesota Bio-Fuels Association (MN Bio-Fuels) Producer Member, Greenfield Global Winnebago, on Sept 4 to see the investments being made into one of the first dry mill ethanol plants built in Minnesota and
October 02, 2024 Read Full Article
Thailand's Biofuel Subsidy Navigates EV Threat Amid E20, Feedstock, SAF Transition
by Samyak Pandey and Prishitha Kandasamy (S&P Global) Extends biofuel subsidies to September 2026; Targets 8% sustainable aviation fuel by 2036; Electric vehicles pose risks to biofuel demand -- Thailand recently extending its biofuels mandate is expected to bolster current feedstock demand and fuel
October 01, 2024 Read Full Article
Growth Energy Welcomes Bipartisan Push for 45Z Extension
(Growth Energy) Growth Energy praised the introduction of new legislation that would extend the 45Z clean fuels credit, which is currently slated to expire at the end of 2027. The 45Z extension bill, the Farmer First Fuel Incentives Act, is sponsored by Senators Roger
September 26, 2024 Read Full Article
How Integrating SAF into Aviation Fuel Supply Chains Requires Collaboration between Stakeholders
by Paige Smith (Business Airport International) The business aviation sector has long been committed to reducing it’s carbon footprint, and sustainable aviation fuel represents a significant breakthrough the industry’s efforts. However, the transition to biofuels is complex, requiring advancements in technology,
September 25, 2024 Read Full Article
Why Is It Taking So Long to Get the Necessary Guidance on the 45Z Tax Credit Program?
•by Jim Wiesemeyer (AgWeb) ... There are a few key reasons why guidance on the 45Z clean fuel production tax credit program is taking a long time to be issued: • Complexity of the program: The 45Z credit is a new, technology-neutral credit based
September 24, 2024 Read Full Article
Ethanol Blog: Biodiesel Producers Expect Industry Shutdown Without 45Z Guidance From Treasury
by Todd Neeley (DTN Progressive Farmer) Biodiesel producers need to know the rules for the 45Z clean fuel production tax credit now or there will be risk of industry shutdown, biodiesel industry members of the Iowa Renewable Fuels Association told the
September 23, 2024 Read Full Article
Policies and Incentives Support Sustainable Aviation Fuels
by Pamela Wu (Reuters) ... Supply chains continue to mature and existing industrial infrastructure is being leveraged for SAF production. Investments in SAF have increased due to federal and state tax credits incentivizing production. Although SAF production has increased significantly, the 2024
September 16, 2024 Read Full Article
Business Aviation Groups Seek European Leaders' Support
by Charles Alcock (AIN Online) EBAA and GAMA publish joint manifesto on European business aviation policy -- The European Business Aviation Association (EBAA) and the General Aviation Manufacturers Association (GAMA) are demanding action from governments and regulators to help the industry achieve
September 11, 2024 Read Full Article
Bank of America Bets on Carbon Capture With Big Tax-Credit Deal
by Amrith Ramkumar and Ed Ballard (Wall Street Journal) First-of-its-kind investment gives ethanol producer in North Dakota $205 million for stashing emissions underground -- A climate technology that has struggled to get off the ground is getting a boost from a landmark
September 06, 2024 Read Full Article
GM to Launch Its First Ethanol-Capable Hybrid-Flex Vehicles in Brazil
by Alberto Alerigi Jr. and by Andre Romani (Reuters) General Motors (GM.N) said on Wednesday that it would begin producing its first-ever hybrid-flex vehicles that can run on 100% ethanol or gasoline alongside their batteries in Brazil. Rival automakers Stellantis (STLAM.MI) and Honda (7267.T) have also announced plans this year
September 05, 2024 Read Full Article
SAF Production Set to Grow Amid Renewable Diesel Switching
by Jordan Godwin (OPIS/SAF Magazine) ... As renewable diesel producers in a suddenly crowded space trudge through lackluster margin conditions in 2024, they’re increasingly eyeing the possibility of switching to SAF. Considering the current size of the SAF market, taking on
August 28, 2024 Read Full Article
Clean Fuels Urges Treasury to Immediately Issue §45Z Guidance and Safe Harbors
(Clean Fuels Alliance America) Today, Clean Fuels Alliance America sent a letter to Treasury Secretary Janet Yellen, urging the agency to issue guidance, including safe harbors, to the §45Z Clean Fuels Production Credit by September 1. The new producer credit becomes
August 28, 2024 Read Full Article
President Lula Launches National Energy Transition Policy, Expected to Bring BRL 2 Trillion in Investment
(Office of the President of Brazil) Initiative approved by National Energy Policy Council (Conselho Nacional de Política Energética/CNPE) to boost green economy. Body approved six other measures -- On Monday, August 26, President Luiz Inácio Lula da Silva launched the National
August 28, 2024 Read Full Article
Biofuels and Sustainable Aviation Fuel Markets: Wild Cards to Watch this Fall
by Chip Flory (AgWeb) It’s clear sustainable aviation fuel (SAF) could affect corn and soybean profitability for years to come. The demand for ethanol and bio-based diesel is widely based on how successful biofuels are in feeding the SAF market. That
August 23, 2024 Read Full Article
Brown Introduces Bill to Create Tax Credit for Biobased Chemicals
Erin Voegele (Ethanol Producer Magazine) Sens. Sherrod Brown, D-Ohio, and Pete Ricketts, R-Neb., in August introduced the Renewable Chemicals Act, a bill that aims to create a tax credit to support the production of biobased chemicals. The legislation, S. 4931, would
August 23, 2024 Read Full Article
Q&A: Voluntary Market, Book and Claim Key to SAF Growth
by Simone Burgin (Argus Media) US sustainable aviation fuel (SAF) producer World Energy's vice president Adam Klauber spoke to Argus about the future of the global SAF market. How could US SAF policy develop under a new administration? [SAF tax benefits] need to
August 22, 2024 Read Full Article
China’s Biodiesel Producers for Markets; EU Imposes Severe Tariffs
by Pragya Singh (Middle East Headlines) Biofuel executives and analysts say that producers of Chinese biodiesel are looking for new Asian markets for their exports and are thinking about making more biofuels as their supply to the European Union, their biggest
August 18, 2024 Read Full Article
EPA Ag Advisor Bullish on U.S. Biofuels
by Carah Hart (Brownfield Ag News) The U.S. EPA’s (former) ag advisor says he’s optimistic about the future of biofuels in the United States. Rod Snyder says farmers and the feedstocks they produce will play an important role in the growth of
August 15, 2024 Read Full Article
Gov. Jim Pillen: $307 Million EPA Emissions Grant Will 'Turbocharge' State Ag Industry
by Henry J. Cordes (Omaha World-Herald/Kearney Hub) ... Federal and state officials detailed the plans and potential impact of the recent $307 million climate pollution reduction grant the EPA awarded to Nebraska — the largest grant the federal agency has ever
August 09, 2024 Read Full Article
A Fifth of U.S. Green Hydrogen Projects Eyed for Water-Stressed Areas
by Alec Luhn (Floodlight) As the federal government pours billions into hydrogen production to lower greenhouse gas emissions, critics worry water shortages in the Southwest could worsen -- Armed with bright green shovels, executives from the Australian mining giant Fortescue broke ground in May on
August 08, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to the State of Biogas and RNG
by Jim Lane (Biofuels Digest) In this presentation, we explored the challenges faced in the transition to sustainable, available, reliable, affordable RNG and biogas. We look at the companies and technologies getting traction, new projects underway, the state of feedstocks, policy,
August 06, 2024 Read Full Article
3 Issues to Watch with the Big US Bet on ‘Clean’ Hydrogen
by Clare Fieseler and Brian Dabbs (E&E News Energywire) The Biden administration is preparing decisions that will determine the industry’s fate. --- ... Much of the industry — and Biden’s Democratic allies on Capitol Hill — are frustrated by the Treasury Department’s
August 06, 2024 Read Full Article
The ABCs of 45Z: Take Time Now to Prepare for Low-Carbon Market Opportunities
By Heather Gieseke (AgWeb) 3 tips if you are considering regenerative practices and you have the ability to deliver your crops to a biofuels plant. -- ... While there’s still a lot to figure out, it’s clear farmers who produce low-carbon fuels
August 02, 2024 Read Full Article
Michigan Ag Business Leader Says a Refocus on Biofuels Is Needed
by Nicole Heslip (Brownfield Ag News) The Michigan Agriculture Agri-Business Association says the state’s latest budget showcases values of the administration and a refocus on biofuels is needed. President Chuck Lippstreu tells Brownfield the governor vetoing a $3 million tax credit passed
August 02, 2024 Read Full Article
Carbon Intensity Score Calculator
by Mark Dorenkamp (Brownfield Ag News) A new tool has been developed to help farmers and ag stakeholders better understand the carbon intensity score of corn as a feedstock for sustainable aviation fuel. Iowa State University Extension economist Alejandro Plastina says the
August 01, 2024 Read Full Article
SAF’s Billion-Ton Question
by Luke Geiver (Ethanol Producer Magazine) This spring, the U.S. Department of Energy air-dropped a report that should give the nascent sustainable aviation fuel (SAF) industry a massive crate of confidence. With the release of the 4th installment of a decades-old
August 01, 2024 Read Full Article
Explore How Incobrasa Industries Is Leading the Charge in the Biodiesel Revolution
(Energy, Oil & Gas Magazine) Based in Central Illinois, Incobrasa Industries Ltd (Incobrasa) is a soybean processing and biodiesel manufacturing company. With over 70 years of experience in the industry, Incobrasa stands as a leader in the production of top-quality oilseed
July 30, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to the State of Renewable Feedstocks and Agriculture
by Jim Lane (Biofuels Digest) In this presentation, we explored the challenges faced in the transition to sustainable, available, reliable, affordable feedsocks. We look at the crops getting traction, new crops developing, the role of residues, new data from the Billion
July 30, 2024 Read Full Article
AFB seeks to Protect Domestic Biofuels Feedstock Market
by Mark Magnuson (KXEL) The American Farm Bureau says that it wants a better tax deal for U.S. biofuel feedstocks and does not intend to keep out alternative or competing fuels from foreign producers. AFB and other farm groups recently called for
July 29, 2024 Read Full Article
Climate Law’s CCS Windfall Is almost 2 Years Old. Is It Working?
by Carlos Anchondo (E&E News Energywire) ... Last week, the IRS released new guidance for companies planning to claim 45Q. It contains details on what should be included in a life cycle analysis report to determine the amount of CO2 either captured from
July 29, 2024 Read Full Article
Valero Sees Policy Tailwinds for Renewable Diesel, SAF Operations — OPIS
(Oil Price Information Service/Morningstar) With a U.S. presidential election on the horizon, and potential changes to federal and state-level biofuel credit schemes looming, Valero executives on Thursday said they see "a lot of tailwinds" for its renewable diesel and sustainable aviation
July 26, 2024 Read Full Article
Growth Energy: Governor’s Veto of Michigan E15 Incentive Will Cost Consumers, Leave Carbon Reductions on the Table
(Growth Energy) Growth Energy, the nation’s largest biofuel trade association, expressed its disappointment after Michigan Governor Gretchen Whitmer (D) used a line-item veto to single-handedly cancel the state’s E15 tax incentive, which was approved by the legislature earlier this summer. The incentive would’ve
July 26, 2024 Read Full Article
USDA Gets Climate Smart Farming Feedback
by Cindy Zimmerman (Energy.AgWired.com) The U.S. Department of Agriculture received lots of input from biofuels groups this week on how to prove the impact of climate-smart farming practices on the greenhouse gas (GHG) net emissions estimates associated with the production of
July 26, 2024 Read Full Article
Clean Fuels Submits Detailed Technical Response to USDA’s Climate Smart Ag Request for Information
(Clean Fuels Alliance America) Clean Fuels Alliance America submitted a highly detailed, technical response to USDA’s Request for Information on climate smart agriculture practices for biofuel feedstocks. While USDA’s analysis of climate smart agriculture will have impacts beyond the §45Z Clean
July 26, 2024 Read Full Article
RFA to USDA: Embrace Book-and-Claim Accounting for Climate Smart Agriculture Feedstocks
(Renewable Fuels Association) The Renewable Fuels Association today submitted comments urging the U.S. Department of Agriculture to implement the use of a “book-and-claim” accounting framework for tracking and transferring the greenhouse gas benefits of climate-smart agriculture (CSA) practices through the biofuels supply chain. The comments
July 26, 2024 Read Full Article
US Carbon Capture Tax Credits to Persist No Matter Who Wins Elections: Experts
by Markham Watson (S&P Global) Government-funded, industry-led program; Large projects move forward; challenges remain -- US tax credits for carbon capture and storage and carbon capture, utilization and sequestration will likely continue no matter what political party wins the 2024 presidential and congressional
July 25, 2024 Read Full Article
Biodiesel’s Two Decades of Growth in Illinois
by Tom C. Doran (AgriNews) Through the foresight of farmers campaigning for a sales tax exemption over two decades ago, biodiesel production in Illinois has increased fifteenfold. The Illinois Soybean Association through the checkoff played a major role in pushing for the
July 24, 2024 Read Full Article
Fuel Retailers Applaud House Legislation to Extend the Biodiesel Tax Credit
(Le Lézard) NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores (NACS), commended a bipartisan group of lawmakers for introducing the "Biodiesel Tax Credit Extension Act of 2024," which would
July 24, 2024 Read Full Article
SAF Production to Triple in 2024 but More Opportunities for Diversification Needed
(International Air Transport Association) The International Air Transport Association (IATA) announced that its projections for a tripling of Sustainable Aviation Fuels (SAF) production in 2024 to 1.9 billion liters (1.5 million tonnes) are on track. This would account for 0.53% of
July 22, 2024 Read Full Article
Opinion: Collaboration with Farmers Is Essential to Building America’s Sustainable Aviation Fuel Market
by Mitchell Hora (Continuum Ag/Americans for Clean Aviation Fuels/Agri-Pulse) American farmers are ready to make the United States the world’s leading producer of sustainable aviation fuel, which currently represents the most promising pathway to achieving net zero carbon emissions in aviation.
July 19, 2024 Read Full Article
Creating a Hydrogen Economy Defined By Trust, Transparency, and Better Carbon Data
by Zane McDonald (Catalyst by GTI Energy/Medium) The push to decarbonize global economies is gaining momentum, with hydrogen emerging as a key player for a lower carbon future. To bring this to fruition, the hydrogen market needs a solid foundation of
July 19, 2024 Read Full Article
AFBF: Clean Fuel Tax Credits Out of Reach for Many Farmers
(American Farm Bureau Federation/Morning AgClips) Shortcomings in recent provisions could put the benefits out of reach for many farmers in the U.S. -- Sustainable aviation fuel and clean fuel production tax credits have the potential to benefit farmers while lowering America’s carbon
July 18, 2024 Read Full Article
Treasury, IRS Issue Frequently Asked Questions Regarding Registration for the Clean Fuel Production Credit
(Internal Revenue Service) The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2024-25 related to which entities must apply for registration for the Clean Fuel Production Credit. The Inflation Reduction Act of 2022 (IRA) added a new income tax credit
July 15, 2024 Read Full Article
Sustainable Aviation Fuel Could Help Clear the Air, Former Kansas Senator Says | Opinion
by Pat Roberts (Wichita Eagle/Americans for Clean Aviation Fuels) ... Unfortunately, SAF represents less than one percent of the current market and costs two to four times more than traditional jet fuel. To tackle this challenge, the 2022 Inflation Reduction Act