by Anya Zoledziowski (Vice World News) A new Global Witness report found that it has the same carbon footprint per year as 1.2 million gas-powered cars. -- A first-of-its-kind “green” Shell facility in Alberta is emitting more greenhouse gases than it’s
tax policy
Back TO HOMEMO House Ag Committee Hears Favorable Testimonies for Biofuel Tax Credits
by Will Robinson (Brownfield Ag News) Several Missouri ag groups spoke in favor of reinstating Missouri Agriculture and Small Business Development Authority tax credits at the recent Missouri House Ag Committee hearing, citing benefits to biofuels. MASBDA’s sponsor, Representative Brad Pollitt, testified
January 13, 2022 Read Full Article
Michigan Bill Aims to Create Tax Credit for Sales of E15, E85
by Erin Voegele (Ethanol Producer Magazine) Legislation introduced in the Michigan Senate on Jan. 11 aims to create a tax credit for retailers that choose to sell higher ethanol fuel blends, such as E15 and E85. The bill, introduced by State Sen.
January 12, 2022 Read Full Article
The Gulf CCUS Hub
by Matthew Choi (Politico's Morning Energy) The National Ocean Industries Association, a trade group representing the offshore energy industry, is calling on policymakers to lay the groundwork for Exxon Mobil and other companies to make the Gulf of Mexico a
January 12, 2022 Read Full Article
Airlines Have a Recipe to Reach Zero Emissions by 2050. The Key Ingredient: Cooking Oil
by Hugo Martin (Los Angeles Times/Aviation Pros) ... In a first, one of the two engines on the 737 Max 8 was powered exclusively by fuel made from used cooking oil and rendered waste fat from beef, pork and chicken. Refined
January 05, 2022 Read Full Article
ANCAP to Slash Biodiesel Blending to 2.5% Following Uruguayan Tax Shift
by Meghan Sapp (Biofuels Digest) In Uruguay, El Observador reports ANCAP has decided to slash biodiesel blending to 2.5% from 5% from January 1 because the government has changed the law regulating taxes that will make biodiesel blending more expensive. As a
December 29, 2021 Read Full Article
DOE Risks Wasting ‘Significant Funds’ on CCS — Audit
by Carlos Anchondo and Jeremy Dillon (E&E News) The Department of Energy is at risk of wasting a significant amount of money on carbon capture and storage demonstration projects without greater oversight, according to a new Government Accountability Office report. The report, released
December 28, 2021 Read Full Article
Factbox: U.S. Climate-Change Fight Threatened as Manchin Rejects Biden's Bill
by Timothy Gardner and Valerie Volcovici (Reuters) ... The bill contains billions of dollars to extend so-called 45Q tax credits for power and industrial plants to capture carbon emissions and store them underground or use it for other purposes. Senator Tina Smith,
December 21, 2021 Read Full Article
NBB Releases Study on Benefits of the Biodiesel Tax Incentive
(National Biodiesel Board) Economic and environmental benefits exceed $6 per gallon of biodiesel -- The National Biodiesel Board (NBB) welcomed the release of a new report, "The Economic Benefits of the Biodiesel Blenders' Credit," from Capital Policy Analytics. The report calculates
December 17, 2021 Read Full Article
India Cuts GST on Ethanol to 5% to Promote Fuel Blending
by Janani Janarthanan (Bloomberg Quint) India has lowered the goods and service tax on ethanol meant for blending with gasoline as it looks to curb dependence on imported fuels. The GST on the alcohol has been cut from 18% to 5%
December 16, 2021 Read Full Article
Ethanol Producers, Advocates Aim for Net-Zero Ethanol by 2050
by Susanne Retka Schill (Great Plains Institute) As US and world leaders engage on climate change and carbon reduction efforts, leaders in the American ethanol industry have announced pledges and efforts to reduce greenhouse gas (GHG) emissions. The country’s largest
December 16, 2021 Read Full Article
Khanna Targets Enhanced Oil Recovery
by Matthew Choi (Politico's Morning Energy) Rep. Ro Khanna, who led the House Oversight Environment Subcommittee’s probe into the oil and gas industry earlier this year, wants to end tax credits for carbon capture that is used to pump more
December 14, 2021 Read Full Article
Europe, U.S. Take Differing Approaches to SAF Incentives
by Chad Trautvetter (AIN Online) Europe is taking a “stick” approach to reducing aircraft CO2 emissions, while the U.S. is going the “carrot” route, General Aviation Manufacturers Association director of government affairs Marc Ehudin explained yesterday at AIN’s Building a Sustainable Flight
December 14, 2021 Read Full Article
Reinventing the Battery Can Save Us From Climate Disaster
by Thor Benson (Daily Beast/Yahoo!) ... Hydrogen fuel cells—which aren’t electric batteries themselves but can work in lieu of them without the need to recharge—are another potential solution to the intermittency problem. These types of fuel cells, according to Sadoway (Donald Sadoway,
December 13, 2021 Read Full Article
Mustard Plant Jet Fuel Could Reduce Emissions by 68 Percent
by Puneet Dwivedi (University of Georgia/U.S. Department of Agriculture) ... Carinata (Brassica Carinata), also known as Ethiopian mustard, is an oilseed crop that can be grown across the southern U.S. during winter months. The oil obtained from crushed carinata seeds can
December 10, 2021 Read Full Article
Trucking, Airlines Divided over Biofuel Tax Incentives that Could Bolster Feedstock Demand
by Philip Brasher (Agri-Pulse) The biofuel tax incentives in President Joe Biden’s Build Back Better bill could insure a growing market for soybean oil and other farm commodities, but the trucking industry worries the subsidies will kick off a war
December 09, 2021 Read Full Article
CHS : Growing a Renewable Diesel Revolution
(Market Screener) As the United States focuses on tackling climate change, the energy market is seen as a key part of the solution. While federal policy and funding is focused on electric vehicles, a quieter potential answer is emerging: the growing
December 09, 2021 Read Full Article
Climate Bill Rekindles Debate over Biodiesel Tax Breaks
by Marc Heller (E&E News) Thirteen years ago, Congress decided a tax credit for companies that blend biodiesel shouldn’t go to refineries that put just a drop of the alternative fuel’s main ingredient — crops, animal fat and other organic material
December 08, 2021 Read Full Article
Portman, Bennet Carbon Capture Improvement Act Signed into Law as Part of Bipartisan Infrastructure Legislation
(Office of Senator Rob Portman (R-OH)) U.S. Senators Rob Portman (R-OH) and Michael Bennet (D-CO) announced that their bipartisan Carbon Capture Improvement Act has been signed into law as part of the bipartisan Infrastructure Investment and Jobs Act (IIJA). The IIJA recently passed the House in
November 30, 2021 Read Full Article
State of Advanced Biofuels & Biorefining
by Helena Tavares Kennedy (Biofuels Digest) Check out remarks from Jim Lane, Editor & Publisher of The Digest on rationale, forecast, the top news and storylines, feedstocks, genetics, crops, supply chain and more on the state of advanced biofuels and
November 30, 2021 Read Full Article
What We Know about Two Carbon Capture Pipelines Proposed in Iowa
by Donnelle Eller (Des Moines Register) ... Two companies — Summit Carbon Solutions and Navigator CO2 Ventures — want to build pipelines that will be used to move carbon dioxide captured from ethanol, fertilizer and other agricultural industrial plants. The companies plan to
November 29, 2021 Read Full Article
ABFC Releases Annual ‘Biofuels in Canada’ 2021 Report with Expanded Scope, 2020 Data
(Advanced Biofuels Canada) Advanced Biofuels Canada (ABFC) announced the release of the Biofuels in Canada 2021 (BIC) report, with full open-source access to Canadian market data for renewable, low-carbon, and conventional fuels. This report is fifth in a series commissioned annually
November 27, 2021 Read Full Article
Giant Pipeline in U.S. Midwest Tests Future of Carbon Capture
by Leah Douglas (Reuters) ... The project, dubbed the Midwest Carbon Express, had ambitions to become the world's largest carbon dioxide pipeline, moving climate-warming greenhouse gases from Midwest biofuels plants to North Dakota for permanent storage underground. ... The 65-year-old is among
November 24, 2021 Read Full Article
Northeast States Abandon Cap-and-Trade Plan for Cars
(E&E News) The Transportation and Climate Initiative — a cap-and-trade program covering cars in three Northeastern states and the District of Columbia — was abandoned last week after Connecticut Gov. Ned Lamont (D) and Massachusetts Gov. Charlie Baker (R) pulled
November 23, 2021 Read Full Article
Ohio House Approves Bill to Create Tax Credit for E15, E85 Sales
by Erin Voegele (Ethanol Producer Magazine) The Ohio House of Representatives on Nov. 17 voted 89 to zero in favor of a bill that aims to offer qualifying fuel retailers a 5-cent-per-gallon tax credit for sales of fuel containing between 15
November 19, 2021 Read Full Article
The Grand Switcheroo: Is the Biden Administration Aiming Corn Ethanol at SAF, Putting Spirit in the Sky?
by Jim Lane (Biofuels Digest) Just back from the AFCC (Alternative Fuels and Chemicals Coalition) event in Washington, and I have to say, the mood was reasonably glum in the world of Sustainable Aviation Fuels, where you’d think that the leaders
November 19, 2021 Read Full Article
Airlines Rush toward Sustainable Fuel But Supplies Are Limited
by Siddharth Vikram Philip and Ben Elgin (Bloomberg Green) Plant-based fuels are expensive and not entirely clean. -- Airlines rolled out a slew of sustainable fuel initiatives in the run-up to COP26, aiming to prove they’re serious about the fight
November 10, 2021 Read Full Article
Axne Touts Biofuel Incentives: Congressman Cindy Axne Touted Tuesday How Agriculture Can Benefit in the Latest Federal Bill Proposed by Democrats Set to Be Debated Next Week.
by Jennifer Nichols (Atlantic News Telegraph) ... (Congressman Cindy) Axne, along with USDA’s Under Secretary of Agriculture for Rural Development Xochitl Torres Small visited Elite Octane Tuesday morning, and said the bill includes $2 billion for the Rural Energy for
November 10, 2021 Read Full Article
The Advanced Bioeconomy State of the Industry 2021: As Seen at ABLC
by Jim Lane (Biofuels Digest) ABLC 2021 has come and gone with its theme of ““building a bridge to Net Zero” and 560 delegates from 300 organizations grappling with the immense opportunities and supply chain challenges posed by the world’s rapid
November 02, 2021 Read Full Article
RFA Has Praise and Concern for the Latest Build Back Better Framework
by Larry Lee (Brownfield Ag News) ... (Geoff) ”Cooper says RFA is concerned about the language regarding how the carbon emissions of different sustainable aviation fuel pathways are assessed and measured. Cooper says he is excited about the carbon performance tax credit
November 02, 2021 Read Full Article
U.S. to Sharply Cut Methane Pollution that Threatens the Climate and Public Health Public Comments DEADLINE: January 31, 2022
(Environmental Protection Agency) Today, the U.S. Environmental Protection Agency (EPA) took an important step forward to advance President Biden’s commitment to action on climate change and protect people’s health by proposing comprehensive new protections to sharply reduce pollution from the oil and natural gas industry –
November 02, 2021 Read Full Article
SfL Commends BBBA’s Acknowledgement of Ag Leadership in Environmental Stewardship
(Solutions from the Land) Solutions from the Land applauds the inclusion of much needed agricultural climate action investments in the $1.75-trillion Build Back Better Act (BBBA) spending and tax framework introduced Thursday that would increase investments in climate smart agriculture
October 29, 2021 Read Full Article
Carbon Capture and Sequestration (CCS) in the United States
by Angela C. Jones and Ashley J. Lawson (Congressional Research Service) Carbon capture and storage (or sequestration)—known as CCS—is a process that involves capturing man–made carbon dioxide (CO2) at its source and storing it permanently underground. CCS could reduce the amount of CO2—an
October 27, 2021 Read Full Article
IATA Approves Resolution for Global Air-Transport Industry to Achieve Net-Zero by 2050
(International Air Transport Association/Biobased Diesel Daily) The International Air Transport Association 77th Annual General Meeting approved a resolution for the global air transport industry to achieve net-zero carbon emissions by 2050. This commitment will align with the Paris Agreement goal for
October 12, 2021 Read Full Article
Fossil Fuel Industry Gets Subsidies of $11m a Minute, IMF Finds
by Damian Carrington (The Guardiain) Trillions of dollars a year are ‘adding fuel to the fire’ of the climate crisis, experts say -- The fossil fuel industry benefits from subsidies of $11m every minute, according to analysis by the International Monetary
October 06, 2021 Read Full Article
‘Fit for 55’ and Its Impact on the Biofuels Industry
(Biofuels International) The name ‘Fit for 55’ may have many people scratching their heads – is it an exercise programme, or maybe a breakfast cereal? – but in EU circles it is already part of the common language – shorthand
October 06, 2021 Read Full Article
Western Ethanol Producers ‘Caught in the Jaws of a Vise’ with Short Corn Supply and Weak Biofuel Demand
by Mikkel Pates (Park Rapids Enterprise) Gerald Bachmeier, chief executive officer of Red Trail Energy, Richardton, North Dakota, and Philip Coffin, vice president of Midwest AgEnergy LLC, at Underwood, North Dakota, discuss countermoves to a drought for acquiring local corn
October 05, 2021 Read Full Article
Blender's Tax Credit Gains Steam on Capitol Hill
by Kerry Lynch (AIN Online) The concept of a blender's tax credit to boost the availability of sustainable aviation fuel (SAF) is gaining momentum with the U.S. House Ways and Means Committee agreeing last week to include such a measure in
September 30, 2021 Read Full Article
Carbon Pricing and Regulations Compared: An Economic Explainer
by Shuting Pomerleau and Ed Dolan (Niskanen Center) • Carbon pricing, either in the form of a carbon tax or a cap-and-trade system, has the potential to limit pollution to an economically optimal level. Carbon pricing allows various pollution sources
September 27, 2021 Read Full Article
Democrats Prep Carbon Tax Option to Pay for Spending Bill
by Laura Davison, Ari Natter, and Jennifer A Dlouhy (Bloomberg) Carbon tax gains momentum as talks on spending bill heat up; Plan would use tax proceeds to send cash payments to Americans -- Senate Democrats are developing a carbon-tax proposal that
September 27, 2021 Read Full Article
Opinion: Why I’ve Fought for Biofuels through Congress’ Infrastructure Debate
by Rep. Cindy Axne (D-IA 3rd) (Agri-Pulse) ... Starting this spring, I made it my mission to help members of the Biden Administration, the Senate, and my own colleagues in the House understand the key advantages of biofuels – from
September 24, 2021 Read Full Article
NBB Welcomes Court Decision to Maintain Duties on Argentine Biodiesel
(National Biodiesel Board) U.S. Court of International Trade upholds Commerce final determination in changed circumstances review -- The National Biodiesel Board (NBB) today welcomed the U.S. Court of International Trade's decision to uphold the U.S. Department of Commerce's final determination in its changed
September 23, 2021 Read Full Article
100 Groups Demand Biden Cut Airplane Climate Pollution
(Common Dreams/Center for Biological Diversity) Coalition blasts EPA delays on replacing do-nothing Trump rule. ---One hundred environmental, community and public-health groups called on the Biden administration today to set strong standards to cut airplane pollution and avoid industry-promoted biofuel greenwashing. As today’s letter notes, the
September 23, 2021 Read Full Article
EXCLUSIVE: White House Backs Plan for Renewable Energy Industry Tax Partnerships
by Jarrett Renshaw and Laura Sanicola (Reuters) ... The expansion would allow the renewable energy industry - from wind and solar to biofuels like ethanol - to form master limited partnerships, known as MLPs, that combine the funding advantages of corporations
September 23, 2021 Read Full Article
Electric Vehicle Tax Credits Take Preference over Biofuels in Democratic Spending Package
by Ben Nuelle (Agri-Pulse) The key committee provisions in the $3.5 trillion reconciliation package show that Democrats in Congress are in line with President Joe Biden’s vision to put electric vehicles — not biofuels — at the forefront of the
September 22, 2021 Read Full Article
Petroleum Companies Get Good Response to Ethanol Procurement Tender
(PTI/New Indian Express) The EOI was published by Bharat Petroleum on behalf of oil marketing companies on August 27, and it opened on September 17. -- State-owned fuel retailing firms have received an "overwhelming" response to the tender they floated for
September 20, 2021 Read Full Article
U.S. Farm & Biofuel Leaders Seek Immediate Aviation Fuel Fix to Budget Bill
(Renewable Fuels Association) America’s top biofuel and farm advocates called on Democratic leaders to fix a major flaw in the House Ways & Means Committee text released Friday night for tax provisions of the budget reconciliation, which is set for consideration Tuesday. As
September 14, 2021 Read Full Article
State Aid: Commission Approves One-Year Prolongation of Tax Exemption for Giofuels in Sweden
(European Commission) The European Commission has approved, under EU State aid rules, the prolongation of the tax exemption measure for biofuels in Sweden. Sweden has exempted liquid biofuels from energy and CO₂ taxation since 2002. The measure has already been prolonged several
September 14, 2021 Read Full Article
The Tax Route ... House Panel to Mark up Green Tax Package ... The Draft Bill Is Subject to Amendment
by Matthew Choi and Kelsey Tamborrino (Politico's Morning Energy) ... The draft bill is subject to amendment and already agriculture and biofuels groups are sounding the alarm on language that would provide a tax credit for sustainable aviation fuel that
September 14, 2021 Read Full Article
Not so Fast: But Biofuel and Agriculture Advocates Are Sounding the Alarm
by Matthew Choi (Politico's Morning Energy) Not so fast: But biofuel and agriculture advocates are sounding the alarm over the language of a proposed $1.25-$1.75 sustainable aviation fuel tax credit, which they argue would make the administration's new SAF targets extremely difficult to achieve.
September 13, 2021 Read Full Article
New Funds Requested for DOE SAF Loan Guarantees
(The Alternative Fuels & Chemicals Coalition/PR Newswire) The Alternative Fuels & Chemicals Coalition (“AFCC”), and its member companies are asking the Biden Administration to incentivize the production and use of sustainable aviation fuels (SAF) – since it would be critical to
September 08, 2021 Read Full Article
Blue Hydrogen for Transport in the US: The Transition to Green Hydrogen & the Conduit to Keeping Pace with the EU
by Salim Rahemtulla (PowerTap Hydrogen Fueling Corp./Biofuels Digest) As the U.S. Department of Energy (DOE) indicates in its Hydrogen Program Plan it published in 2020, “Hydrogen, as a versatile energy carrier and chemical feedstock, offers advantages that unite all of
September 08, 2021 Read Full Article
Klobuchar, Colleagues Urge Schumer, Pelosi to Support Homegrown Renewable Fuels in Reconciliation Package
(Office of Amy Klobuchar (D-MN)) U.S. Senators Amy Klobuchar (D-MN), Tammy Duckworth (D-IL), Tammy Baldwin (D-WI), Tina Smith (D-MN), and Dick Durbin (D-IL) and Representatives Cindy Axne (D-IA), Angie Craig (D-MN), Cheri Bustos (D-IL), and Mark Pocan (D-WI) sent a letter
September 03, 2021 Read Full Article
Watch Now: Federal Lawmakers Stress Importance of Biofuels in Cutting Carbon Emissions
(Pantagraph) ... The renewable fuel, produced from plants like corn and soybeans, is big business in the Midwest, providing a key market for farmers and helping support thousands of jobs in mostly rural areas. A half-dozen federal lawmakers heard from some
September 02, 2021 Read Full Article
The Oil Industry’s Bright Green Energy Future
by Mike Newman (Parhelion Underwriting) The Oil industry is under pressure on many fronts in the climate change era and faces an existential threat from alternative, renewable sources of energy – but the industry is also best-positioned to win the
September 01, 2021 Read Full Article
Pipelines Seek to Hit Net-Zero Ethanol-- Carbon Pipelines Offer Ethanol Lower Carbon Footprints and Tax Credits
by Chris Clayton (DTN Progressive Farmer) After years of battles over oil pipelines, two companies are pitching carbon dioxide pipelines that would crisscross six states and combine to sink as much as 24 million metric tons of carbon emissions into geologic
August 25, 2021 Read Full Article
Aemetis CCS Drilling Study by Baker Hughes Confirms Feasibility of Sequestering Two Million MT per Year of CO2 at California Ethanol Plant Sites
(Aemetis/Globe Newswire) Engineering and Permitting in Process for Two CO2 Injection Characterization Wells related to Aemetis Keyes and Riverbank Biofuels Plant Sites -- A new study concluded that more than 2 million metric tonnes (MT) per year of CO2 can be
August 18, 2021 Read Full Article
DOE Quietly Backs Plan for Carbon Capture Network Larger than Entire Oil Pipeline System
by Sharon Kelly (DeSmog) Obama Energy Secretary Ernest Moniz and major labor group AFL-CIO are behind the “blueprint” for a multi-billion dollar system to transport captured CO2 — and offer a lifeline to fossil fuel plants. -- An organization run by
August 16, 2021 Read Full Article
Opinion: Biden Can Have Cheap Gas or Fight Climate Change — Not Both
(Washington Post) President Biden and the Democratic Congress have ambitions to fight climate change and legislative plans to match. So far, however, those plans consist almost entirely of clean-energy mandates and subsidies. Mr. Biden, and even progressives in Congress, have
August 16, 2021 Read Full Article
160+ Groups Call on Congress to Include Carbon Management Provisions in Legislation
(ScalingCarbonManagement.com) More than 160 companies, labor unions, conservation and environmental groups and other organizations at the national, state and local level are calling on Congressional leaders to include in any moving legislative package a portfolio of priority carbon management policies, which
August 16, 2021 Read Full Article
There at the Beginning: Bob Dinneen
(Renewable Fuels Association) One of the leading authorities on the history of the U.S. ethanol industry didn’t get his start working for the energy or agriculture sectors. He grew up in the suburbs of Boston before finding his way to our
August 12, 2021 Read Full Article
Exclusive: U.S. Weighs 2050 Target in Bid to Wean Airlines off Fossil Fuels
by Allison Lampert and Stephanie Kelly (Reuters/US News and World Report) U.S. President Joe Biden's administration is quietly discussing a target date of 2050 for weaning aircraft off fossil fuels as part of the White House's broader push to fight
August 11, 2021 Read Full Article
Biofuel and Ag Leaders Call for Accountable Life Cycle Analysis for SAF Tax Credits
(National Farmers Union) On Friday, Growth Energy, American Farm Bureau Federation, National Biodiesel Board, National Corn Growers Association, National Farmers Union, and the Renewable Fuels Association sent a letter to the U.S. Senate Committee on Finance and the U.S. House of
August 10, 2021 Read Full Article
Follow the Money: US Subsidizes Oil and Gas So Investors Never Lose
by María Paula Rubiano A. (Grist) Finally, we have the numbers and they're not pretty, detailing how it doesn't matter what price fuel is. -- It’s not a secret that subsidies for fossil fuels get in the way of decarbonization. Nations from
August 09, 2021 Read Full Article
Biprtisan Infrastructure Bill Includes $25 Billion in Potential New Subsidies for Fossil Fuels
by Alleen Brown (The Intercept) Instead of reducing the role of fossil fuels in the economy, critics say, the bill subsidizes industry “greenwashing.” ... The latest draft bill would make fossil fuel companies eligible for at least $25 billion in new
August 04, 2021 Read Full Article
Axne Wants More Biofuels, Broadband Funding in Infrastructure Compromise
by Katie Akin (Iowa Capital Dispatch) U.S. Rep. Cindy Axne said Tuesday that passing an infrastructure proposal without biofuels funding would be “short-sighted.” A bipartisan group of senators came to a compromise proposal last week on a $1.2 trillion infrastructure proposal.
August 04, 2021 Read Full Article
Crown Oil Runs Entire Fleet on HVO, Highlights UK Govt.’s Lack of Biofuel Support
by Ron Kotrba (Biobased Diesel Daily) ... “HVO … is an advanced renewable diesel fuel that provides a fast and simple step towards net zero rather than the leap needed for electrification,” the company stated. “The paraffinic diesel fuel delivers up
August 03, 2021 Read Full Article
Crown Oil Receives UK and Ireland Fuel Distributors Association’s 2021 Green Award
by Ron Kotrba (Biobased Diesel Daily) Crown Oil Ltd., a fuel and renewable diesel distributor based in Bury, England, in the Greater Manchester area, has won the U.K. and Ireland Fuel Distributors Association Green Award for 2021 sponsored by Oilshield,
August 03, 2021 Read Full Article
Burying CO2 Deep in ND’s Geology May Combat Climate Change. Is It Financially Feasible?
by Adam Willis (Forum News Service/Twin Cities Pioneer Press) For some of North Dakota’s legacy industries, like coal power, the future could depend on the capacity of companies to deliver on bold promises around carbon capture. The pricey and so far
August 03, 2021 Read Full Article
Carry on Flying, Says Government Green Plan
by Roger Harrabin (BBCNews) You can carry on flying, the government has told the British public, as it outlines its plan to reduce transport emissions to virtually zero by 2050. Ministers say new technology will allow domestic flights to be almost emissions-free
July 30, 2021 Read Full Article
Fit for 55: The EU's Plan for a Green Transition
(European Council) As part of the European Green Deal, with the European Climate Law, the EU has set itself a binding target of achieving climate neutrality by 2050. This requires current greenhouse gas emission levels to drop substantially in the next decades.
July 29, 2021 Read Full Article
Fact Sheet | Proposals to Reduce Fossil Fuel Subsidies (2021)
by Savannah Bertrand (Environmental and Energy Study Institute) U.S. direct subsidies to the fossil fuel industry are estimated at roughly $20.5 billion per year, including $14.7 billion from federal subsidies and $5.8 billion from state subsidies. When externalities such as health, environmental,
July 29, 2021 Read Full Article
Plotting CCUS: Clean Air Task Force Is Out with an Updated Map of Carbon Capture Projects
by Matthew Choi (Politico's Morning Energy) Clean Air Task Force is out with an updated map of carbon capture projects in the U.S. today, tracking sustained growth in the sector over the past few years. More than 40 projects have
July 29, 2021 Read Full Article
Crapo, Whitehouse, Reed, Panetta Introduce Legislation to Encourage Innovation in the Clean Energy Sector
(Office of Senator Mike Crapo (R-Idaho)) According to a report by the International Energy Agency, approximately 40 percent of cumulative CO2 emissions reductions needed to meet sustainability targets rely on technologies not yet commercially deployed on a mass-market scale. Senator Mike Crapo (R-Idaho),
July 27, 2021 Read Full Article
China Criticizes EU Carbon Tariff
by Matthew Choi (Politico's Morning Energy) China is denouncing the European Commission’s recent framework for a carbon border adjustment scheme, saying it would violate trade principles and potentially hinder economic development in middle-income countries. "CBAM is essentially a unilateral measure to
July 27, 2021 Read Full Article
Commission’s ‘Fit for 55’ Climate Package Proposes Removing European Aviation’s Fuel Tax Exemption
by Christopher Surgenor (GreenAir Online) ... Because of existing agreements with countries like the United States, ... a zero rate would be applied to aviation advanced biofuels and e-fuels for a limited period to allow production scale up. Airline industry
July 26, 2021 Read Full Article
The World’s Biggest Governments Are Still Propping up Fossil Fuels
by Nathaniel Bullard (Bloomberg Quint) ... The full breadth of government support, however, covers a lot more than lowering the price tags consumers see. It also includes investment by state-owned companies, budgetary transfers, tax breaks, and concessional grants and loans
July 22, 2021 Read Full Article
SAF to Be Free of EU Aviation Fuel Taxes, Leaked Report Finds
(Biofuels International) The European Commission has drafted plans to set an EU-wide minimum tax rate for polluting aviation fuels as it seeks to meet more ambitious targets to fight climate change. The European Commission is drafting an overhaul of EU energy
July 15, 2021 Read Full Article
Oslo Bus Company Goes Back to Fossil Fuels after Hefty Tax Bill Levied on Biofuels
by Meghan Sapp (Biofuels Digest) In Norway, the Aftenposten newspaper reports Oslo bus company Ruter has decided that more bus routes must change from renewable biodiesel to ordinary diesel, according to an internal memo seen by Aftenposten, to avoid an extra
July 13, 2021 Read Full Article
Alaska Aims to Become ‘Most Fuel-Efficient’ US Airline: CEO
by Pilar Wolfsteller (Flight Global) Alaska Airlines is aiming to become the most fuel-efficient US airline in the next five years, the airline’s chief executive says. During a 30 June webinar sponsored by The Washington Post, Ben Minicucci outlined the Seattle-based carrier’s ambitious sustainability
July 07, 2021 Read Full Article
Carbon Capture Is a No-Brainer Solution for Companies Facing Net-Zero Policy Goals
by Ian Palmer (Biofuels Digest) ... Carbon capture and storage (CCS) is an escape hatch, or an offset, to be used if there are “leftover” GHG emissions. If a country is on a pathway to reduce GHG to zero by a
July 07, 2021 Read Full Article
Maersk Carbon Tax Proposal May Provide Advantage
by Stefka Wechsler (Argus Media) Danish shipping company Maersk's proposal for a $450/t tax on carbon could give it a competitive advantage over others in the industry given its size and financial stability. The International Maritime Organization (IMO) requires that vessels cut their
July 06, 2021 Read Full Article
Opinion: The Smart Way to Reduce Emissions and Outmaneuver Our Rivals
by James A. Baker III and Greg Bertelsen (Washington Post) ... One thing has become crystal clear during the long-running debate about climate change: Most nations won’t risk their own economic well-being in the hope of reversing what is clearly
July 06, 2021 Read Full Article
Rep. Axne Proposes Bipartisan Tax Credit to Expand Use of Low-Carbon Renewable Fuels, Incentivize Higher Blends of Biofuel
(Office of Rep. Cindy Axne (R-IA-03) The Low Carbon Biofuel Credit Act was introduced today with Rep. Adrian Smith, Senators Klobuchar and Thune -- Today, Rep. Cindy Axne (IA-03) introduced bipartisan, bicameral legislation to expand the use of low-carbon renewable
July 02, 2021 Read Full Article
Biofuels Big Day on The Hill
by Matthew Choi (Politico's Morning Energy) Minnesota Sen. Amy Klobuchar (D) will unveil a package of bills today with two of her Republican colleagues to boost biofuels infrastructure. Klobuchar and Sen. Joni Ernst (R-Iowa) will introduce the Biofuel Infrastructure and Agricultural Product Market Expansion
June 30, 2021 Read Full Article
Six Reasons to Support a Blender’s Tax Credit for Sustainable Aviation Fuel
by Alexander Laska (Third Way/Biofuels Digest) ... According to the International Civil Aviation Organization, one of the most impactful things we can do to reduce aviation emissions is get more sustainable aviation fuel —”drop-in” fuels that can be used in today’s aircraft and
June 29, 2021 Read Full Article
Alliance for Aviation Across America, National and Local Leaders, Highlight the Benefits of General Aviation Investments in Sustainable Fuel and Technologies to Local Communities and the Need for Ongoing Federal and Local Support
(Aviation Pros/Alliance for Aviation Across America) On June 10, the Alliance for Aviation Across America held a panel discussion with state and local leaders to highlight commitments and investments made by the general aviation industry in sustainable aviation fuel (SAF) and
June 19, 2021 Read Full Article
Biden Hits Roadblocks on Path to Low-Carbon Economy
by James Osborne (Houston Chronicle) ... The decision by a Louisiana federal judge Wednesday requiring the Department of Interior to end its pause on oil and gas leasing came as the administration’s plan to spend hundreds of billions of dollars
June 18, 2021 Read Full Article
German Industry Warns on Electrolysis Restrictions
(Argus Media) German industries federation BDI has criticised government plans to limit the exemptions applicable for renewable power used in the electrolysis process for producing hydrogen. The federal government last month proposed rules on exempting the renewable power used by electrolysis sites for producing
June 11, 2021 Read Full Article
Financing Carbon Capture
by Matthew Choi (Politico's Morning Energy) Sens. Michael Bennet (D-Colo.) and Rob Portman (R-Ohio) are introducing legislation today that would help businesses finance carbon capture technology at power plants and other industrial facilities, and seek to give a boost to direct air capture. The bill, dubbed
May 26, 2021 Read Full Article
Meet the Startup Producing Oil to Fight Climate Change
by Emily Pontecorvo (Grist) How Charm Industrial became a go-to in Big Tech's mission to offset its carbon footprint. -- ... The friends, all engineers by training, had designed a machine that could turn agricultural waste, like almond shells, into
May 25, 2021 Read Full Article
Ethanol Inputs Exempted from State Sales and Use Taxes
(Unicameral Update) Lawmakers passed a bill May 20 containing several sales and use tax exemptions, including one for inputs used to manufacture ethanol. Under LB595, introduced by Thurston Sen. Joni Albrecht, state sales and use taxes may not be imposed on the gross
May 21, 2021 Read Full Article
Valadao Helps Introduce Bill to Extend Federal Tax Credits on Biodiesel, Renewable Fuels
by John Cox (Bakersfield.com) Legislation introduced Tuesday by congressmen including Rep. David Valadao, R-Hanford, would extend federal tax credits supporting the production of biodiesel and other renewable fuels seen as key to Kern's economic diversification push. The bill, dubbed the Biodiesel,
May 20, 2021 Read Full Article
Opinion: Biden Should Embrace a Carbon Tax
by Henry M. Paulson, Jr. and Erskine B. Bowles (Washington Post) ... A carbon tax, which taxes carbon dioxide and other greenhouse-gas emissions, is a proven means to raise large sums of much-needed revenue while lowering carbon emissions. It is supported by 67 percent
May 12, 2021 Read Full Article
Press Release: Advanced Biofuels USA Files Comments on Transportation and Climate Initiative: Calls for Extension of Program to Aviation, Trains, Marine/Maritime, Agriculture, Rocket Launches and Natural Gas
(Advanced Biofuels USA) Advanced Biofuels USA suggests an expansion of transportation emissions reduction in the Transportation and Climate Initiative (TCI) proposed Draft Model Rule (TCI-P) in public comments filed today. Currently, the proposed emission reduction program is limited to on-road
May 07, 2021 Read Full Article
The BDO Zone Investment Coalition Announces $1 Billion of Deployable Capital for Biobased Projects Located in BDO Zones
(BDO Zone Investment Coalition) The BDO Zone Investment Coalition today announces the mobilization of $1BB of capital for deployment into biobased infrastructure and manufacturing plants located in Bioeconomy Development Opportunity (BDO) Zones. The BDO Zone Investment Coalition is a group of leading, independent biobased investors,
April 22, 2021 Read Full Article
New Milestone for Carbon Capture and Storage: Red Trail Energy and EERC Near Commercialization of CO2 Storage Technology
by Patrick C. Miller (UND Today) After nearly 20 years of researching and developing carbon capture and storage (CCS) technologies as a means of mitigating climate change, the UND Energy & Environmental Research Center (EERC) is on the verge of seeing the science
April 21, 2021 Read Full Article
Omar, Sanders, Merkley, Markey, Barragán Introduce Bill to End Corporate Handouts to the Fossil Fuel Industry
(Office of Rep. 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 close tax loopholes and eliminate other federal subsidies for
April 20, 2021 Read Full Article
Earth Day 2021 Series Day 16: How Can Renewable Fuels Enhance Environmental Justice? How about Cleaner Air and Lower Fuel Costs for Regular Cars for Many Years to Come?
by Joanne Ivancic* (Advanced Biofuels USA) First proposed in 2015, Advanced Biofuels USA’s proposal for a “Disappearing” Non-Renewable-Carbon User Fee begins: “If we’re serious about reducing climate change-causing greenhouse gases and reducing non-renewable liquid and gas use, we need serious
April 16, 2021 Read Full Article
Earth Day 2021 Series Day 10: Can Biofuels Become Cost Effective? Some Already Are!
by Joanne Ivancic* (Advanced Biofuels USA) Looking to save money on gas AND decrease your carbon footprint? If your vehicle was built after 2000, have you tried E15? That’s 15% renewable fuel, half as much more than the usual E10
April 10, 2021 Read Full Article
Biden Seeks $2.5T in Corporate Tax Hikes to Fully Pay for Infrastructure
by Naomi Jagoda (The Hill) ... The White House is also proposing to eliminate tax preferences for fossil fuel companies and expand tax incentives for clean-energy production. Treasury said in the report that its estimates indicate that eliminating subsidies for
April 07, 2021 Read Full Article
Transport Energy & Renewables in the EU – What the Latest Commission Data Tells Us
by James Cogan (Ethanol Europe/Biofuels Digest) ... Oil maintains an overwhelming grip on the sector with a steady 94% share. The rest is biofuels with 5.6% and renewable electricity with 0.6%. Three quarters of the extra energy demand over the
April 07, 2021 Read Full Article
Fossil Fuels Get Too Many Government Handouts. Biden Wants to Cut Them off.
by Lili Pike (Vox) The American Jobs Plan proposes taking away major tax breaks for the fossil fuel industry. -- One of the great ironies of climate politics is that America continues to subsidize — to the tune of billions of
April 06, 2021 Read Full Article
Clean Fuel for Planes
by Matthew Choi (Politico's Morning Energy) Airlines for America, the main U.S. trade group for the industry, is pushing for more fuel credits to be added to Biden’s multitrillion dollar infrastructure plan. The group is backing a sustainable aviation fuel
April 02, 2021 Read Full Article
Transitioning to a Sustainable Bioeconomy with Algae Biofuels and Biomaterials – Policy Directions for 2021 and Beyond
(Algae Biomass Organization) ... Algae, encompassing photosynthetic and non-photosynthetic aquatic organisms including microalgae and seaweeds (macroalgae), create a highly versatile and tunable platform for the development of fuels and products. In most cases, large scale algae production can be done
April 01, 2021 Read Full Article
Illinois Renewable Fuel Standards Act Introduced in House
by Rhiannon Branch (Brownfield Ag News) A bill in the Illinois House of Representatives aims to create a B20 biodiesel standard in the state by 2024. Illinois currently has a tax exemption for B11 and higher to incentivize use of the fuel. With
March 31, 2021 Read Full Article
Carbon Capture Coalition Applauds Introduction of Bipartisan Senate Carbon Capture, Utilization and Storage Tax Credit Amendments Act
(Carbon Capture Coalition) Robust Legislation Addresses Top Two Coalition Priorities from New Federal Policy Blueprint -- The Carbon Capture Coalition today endorsed the bipartisan Carbon Capture Utilization and Storage Tax Credit Amendments Act. The bill was introduced in the U.S. Senate
March 26, 2021 Read Full Article
Story County Plant Getting Iowa Tax Incentives to Resume Cellulosic Ethanol Production
by Tyler Jett (Des Moines Register/The Hawk Eye) Ethanol production is coming back to a Story County renewable fuels plants. Verbio North American Corp. received $2.6 million in tax incentives from the Iowa Economic Development Authority on Friday to build an $80
March 22, 2021 Read Full Article
Two States Tax Some Drivers by the Mile. Many More Want to Give It a Try.
by Ian Duncan (Washington Post) ... Widespread production of hydrogen-powered cars has not come to pass, but GM is eyeing an all-electric fleet by 2035 with the backing of the Biden administration. That has lawmakers in state capitals across the country
March 22, 2021 Read Full Article
The Geopolitics of Critical Minerals Supply Chains
by Jane Nakano (Center for Strategic & International Studies) As clean energy technology becomes the latest frontier for geoeconomic rivalry, the security of supply chains for rare earths and critical minerals—essential materials for clean energy—has become a global strategic issue. The
March 17, 2021 Read Full Article
A Large PR Firm Pledged to Fight Climate Change. Then It Took Millions from a Notorious Fossil Fuel Trade Group.
by Zahra Hirji and Kendall Taggart (BuzzFeed News) Edelman, a PR firm that’s pledged to “work with an environmental conscience,” was paid $4 million to promote one of the most extreme fossil fuel trade groups in the country, new tax
March 15, 2021 Read Full Article
Storage Wars: ... The Energy Storage Tax Incentive and Deployment Act
by Matthew Choi (Politico's Morning Energy) Bipartisan Sens. Heinrich and Susan Collins (R-Maine), along with Reps. Earl Blumenauer (D-Ore.), Mike Doyle (D-Pa.) and Vern Buchanan (R-Fla.), introduced legislation Tuesday that would create a standalone investment tax credit for energy storage technologies for both businesses and homes. Currently,
March 10, 2021 Read Full Article
Renewable Fuels Could Cut Extra 46m Tonnes GHG Emissions from Truck Operations by 2030 as UK Aims for Net Zero 2050
(Zemo Partnership) A new study by Zemo Partnership (formerly LowCVP) shows how the widespread adoption of high blend renewable fuels (HBRF) can speed up decarbonisation in road transport and support the UK’s transition to net zero emissions by 2050. Coming hot
March 10, 2021 Read Full Article
5 Key Tech Takeaways: Highlights from Tech Presented at ABLC 2020
by Iacovos Vasalos (Center for Research and Technology-Hellas/Biofuels Digest) This report summarizes highlights from the ABLC 2020 Biofuels Digest Virtual Conference, which took place in July 7-10, 2020. (And if you haven’t already registered for this year’s ABLC Digital on May 3-7,
March 10, 2021 Read Full Article
Stabenow Introduces Energy Tax Credit
by Nicole Heslip (Brownfield Ag News) Legislation has been introduced in the U.S. Senate which would provide a tax credit to automotive and energy manufacturers transitioning to greener technologies. Sponsor Debbie Stabenow of Michigan tells Brownfield it could also apply to biofuel
March 02, 2021 Read Full Article
Carbon Capture Coalition Releases Policy Blueprint
by Erin Voegele (Ethanol Producer Magazine) The Carbon Capture Coalition on Feb. 24 released a national policy blueprint that includes near-term recommendations the group says policymakers should adopt in order to accelerate the deployment and commercialization of carbon capture projects. The blueprint
March 02, 2021 Read Full Article
US Aerospace Industry Calls on New Administration to Provide Immediate Support to Reach Climate Goals
(GreenAir Online) US aircraft and engine manufacturers have called on the new Biden administration to provide sustained government support to help achieve its climate goals. In an open letter to Transportation Secretary Pete Buttigieg, FAA Administrator Steve Dickson, Climate Envoy John
February 26, 2021 Read Full Article
Transport Ministers Call for Accelerated EU-Wide Deployment and Mandates for Sustainable Aviation Fuels
(GreenAir Online) Eight European transport ministers have called for a harmonised, long-term strategy to decarbonising the air transport sector to include ramping up the production and supply of sustainable aviation fuels (SAF) through an EU-wide blending mandate. Hosting a high-level virtual
February 26, 2021 Read Full Article
McKinley, Veasey Reintroduce ACCESS 45Q Act
by Erin Voegele (Ethanol Producer Magazine) Reps. David McKinley, R-W.V., and Marc Veasey, D-Texas, on Feb. 16 reintroduced the Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act. The bill extends the date for projects to begin construction
February 26, 2021 Read Full Article
Illinois Soybean Growers Are Concerned about a New State Budget Proposal that Would Eliminate the Fuel Sales Tax Exemption for Biodiesel,
(Farm Progress/Prairie Farmer) What about biodiesel? Illinois soybean growers are concerned about a new state budget proposal from Gov. J.B. Pritzker that would eliminate the fuel sales tax exemption for biodiesel, which has existed since 2003. They say the policy has
February 24, 2021 Read Full Article
Romney Backs Carbon Tax
by Kelsey Tamborrino (Politico's Morning Energy) Speaking with The New York Times' DealBook, Utah Sen. Mitt Romney said he's "very open" to a carbon tax and dividend. The Times reports that Romney pointed to Bill Gates' remarks not to "play around the
February 24, 2021 Read Full Article
Ag, Trucking Industries Say Pritzker’s Proposed Tax on Biofuel Will Hurt Farmers, Consumers
(The Center Square/WMAY) Some are taking issue with Governor J.B. Pritzker’s Fiscal Year 2022 budget proposal which would bring an end to the sales tax exemption for biodiesel fuel in Illinois. Pritzker said accelerating the expiration of the sales tax exemption for
February 22, 2021 Read Full Article
Velocys on Scaling Up Net Negative, Carbon Capture-Ready Fuels
by Tammy Klein (Transportation Energy Strategies) ... I spoke to both Neville Hargreaves, Vice President, Waste to Fuels and Drew Miller, Project Finance Director of Velocys about their SAF projects in the U.S. (Bayou Fuels) and in the UK (Altalto). We also talked about how
February 22, 2021 Read Full Article
Biofuel Production Could Help Revive SA Sugar Industry
by Siyanda Sishuba (Farmer's Weekly) Establishing partnerships between government, the private sector and foreign investors is an important step to launching biofuels projects through innovative financing models in South Africa. This was according to Samukelisiwe Maphumulo, a sustainability officer at the
February 17, 2021 Read Full Article
GREEN Act Includes Biofuel, Bioenergy Tax Extenders
by Erin Voegele (Ethanol Producer Magazine) Mike Thompson, D-Calif., chairman of the House Ways and Means Subcommittee on Select Revenue Measures, on Feb. 5 announced the introduction of the Growing Renewable Energy and Efficiency Now (GREEN) Act, which includes several tax
February 12, 2021 Read Full Article
Brownley Introduces ‘Sustainable Aviation Fuel Act’ to Reduce Carbon Emissions
(Office of Congresswoman Brownley (D-CA-25)) Congresswoman Julia Brownley (D-CA) introduced the Sustainable Aviation Fuel Act, legislation to incentivize the production of sustainable aviation fuel (SAF) and help the aviation sector reduce carbon emissions. “We are facing an existential threat to the future
February 09, 2021 Read Full Article
Ed Markey on the Green New Deal, Biden
by Kelsey Tamborrino (Politico's Morning Energy) ... The Massachusetts senator also said he wants Democrats to pursue a clean energy standard over carbon pricing in their push for climate legislation. "[M]y view is that sector-wide solutions like a clean energy standard
February 08, 2021 Read Full Article
A Force Multiplier for Bio-Investment in Federal Opportunity Zones: The BDOZ Initiative
by Jordan Solomon (Ecostrat Inc./Biofuels Digest) Fifty-two million Americans live in economically distressed communities—many of which are in rural areas. These communities are plagued by a lack of investment capital. In 2017, the US government launched the largest tax incentive program
February 03, 2021 Read Full Article
How Joe Biden Can Cut Off the Fossil Fuel Industry’s Federal Funding
by Alexander E. Kaufman (Huffington Post/Yahoo! News) ... The 11-page Evergreen Action memo highlights the limits of what the Biden administration can do unilaterally. At least a dozen ideas proposed in the document require Congress to act, including nearly all
January 29, 2021 Read Full Article
John Kerry's Climate Plan, in His Own Words: In an Interview with Amanda Little, He Promises a "Total Rethink" and Trillions in Global Investment as He Works to Speed the Shift from Fossil Fuels.
by Amanda Little (Bloomberg Opinion) As President Joe Biden's Special Presidential Envoy for Climate, John Kerry will play perhaps the most critical role internationally in managing a planetary crisis. ... AL: Yet progressive climate activists have said that “climate delay-al” is
January 29, 2021 Read Full Article
Biden’s ‘Buy American’ Executive Order Pushes for Electric Vehicles
by Tyne Morgan (AgWeb) Biofuels groups have high hopes a Biden Administration will get the Renewable Fuels Standard (RFS) back on track. But an announcement just days on the job seems to showcase a Biden Administration’s push for electric vehicles
January 28, 2021 Read Full Article
North Dakota Bill Would Benefit CCS Projects at Ethanol Plants
by Erin Voegele (Ethanol Producer Magazine) Representatives of the North Dakota ethanol industry on Jan. 20 testified in favor of a bill that aims to create a sales and use tax exemption for carbon dioxide used for secure geologic storage. The
January 26, 2021 Read Full Article
Coal, Ethanol Industries Seek Sales Tax Exemption for Carbon Storage Projects
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 lawmakers to exempt the practice from sales tax. A similar exemption
January 21, 2021 Read Full Article
A Muted Year for Biofuels M&A Activity: 2020 Review and Outlook
by Bruce Comer and Frank Kim (Ocean Park Advisors/Biofuels Digest) COVID-19 further plagues the already challenged North American biofuels M&A market, while capital investments thrive. -- Biofuels merger and acquisition (M&A) activity in North America remained sluggish in 2020. For
January 21, 2021 Read Full Article
Top 10 Bioeconomy Must-Knows in the Biden Transition
by Jim Lane (Biofuels Digest) Who are the key bioeconomy players in the new Biden Administration? What recent moves by the outgoing Trump Administration and Congress will set their budget and regulatory framework for 2021. What will the new Administration
January 20, 2021 Read Full Article
Renewable Diesel's Rising Tide
by Tom Bryan (Biodiesel Magazine) An update on U.S. renewable diesel projects—operational, expanding, under construction and proposed—giving new purpose to aging oil refineries. The report represents a transformative volume of nearly 5.5 billion gallons of new or potential capacity. The appeal
January 19, 2021 Read Full Article
Hydrous Ethanol Price Parity Not Seen Decreasing Despite Gasoline Price Hike: Sources
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 E100 over the fossil fuel, market participants said. ... More than 80%
January 19, 2021 Read Full Article
IRS Issues Final Rule for 45Q Tax Credit
by Erin Voegele (Ethanol Producer Magazine) The U.S. Treasury Department and the Internal Revenue Service on Jan. 6 issued final regulations regarding the section 45Q tax credit for qualified carbon oxide sequestration. The Carbon Capture Coalition said the final rule provides long-overdue regulatory
January 08, 2021 Read Full Article
45Q - The Drive to Qualify
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 construction. But, navigated properly, the credit is a promising opportunity. Carbon
December 30, 2020 Read Full Article
Decarbonizing Hydrogen in the US Power and Industrial Sectors: Identifying and Incentivizing Opportunities to Lower Emissions
by Jay Bartlett and Alan Krupnick (Resources for the Future) This report examines tax credits that could make hydrogen energy more competitive in the US industrial and power sectors, and asserts that reductions in production and storage costs and expansion
December 29, 2020 Read Full Article
The Big, Big Package: What’s under the Christmas Tree for the Bioeconomy, in the $1.4T New Spending Bill?
by Jim Lane (Biofuels Digest) The $1.4 trillion spending package includes appropriation for Fiscal Year 2021, the COVID stimulus package, extensions of popular tax credits that otherwise expired on December 31st, and the Energy Act of 2020, a $35B version
December 23, 2020 Read Full Article
SoCalGas, SDG&E’s Voluntary RNG Tariff Request Approved
(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 will allow households and businesses to purchase RNG from the
December 22, 2020 Read Full Article
Biofuels Included in Ag Provisions of COVID Relief Deal Moving through Congress
by Meghan Sapp (Biofuels Digest) In Washington, the chairman of the House Agriculture Committee announced the food and agriculture provisions of the latest COVID relief deal moving through the House and Senate this week include payments to producers of advanced biofuel,
December 22, 2020 Read Full Article
EVs Will Leave A Hole In Taxes: 1st Gear: UK Has To Figure Out How To Tax EV Owners As Much As The Rest Of Us
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 EVs. The UK tax structure is a net, and EVs
December 18, 2020 Read Full Article
Pascrell, Fitzpatrick Introduce Green Bill to Boost Renewable Chemicals, Phase-Out Fossil Fuels
(Office of Representative Bill Pascrell, Jr. (D-NJ-09)) Bipartisan legislation will provide tax credits for the production of renewable chemicals -- U.S. Reps. Bill Pascrell, Jr. (D-NJ-09) and Brian Fitzpatrick (R-PA-01) have introduced the Renewable Chemicals Act, legislation that will create an allocated
December 09, 2020 Read Full Article
Indonesia Export Levy Revision to Support Crude Palm Oil Prices, Stability Key
(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 also support crude palm oil (CPO) prices, and the Malaysian
December 08, 2020 Read Full Article
McKinley, Veasey Introduce ACCESSS 45Q Act
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. The bill extends the date for projects to begin construction to
December 08, 2020 Read Full Article
Indonesia Looks at Policy Revamp to Keep Biodiesel Program Alive
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 diesel widened in 2020 ... The world’s biggest producer of palm
December 03, 2020 Read Full Article
Biden Plan to End U.S. Fossil Fuel Subsidies Faces Big Challenges
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 to reverse President Donald Trump’s rollbacks of rules meant to
December 02, 2020 Read Full Article
Incentives Spur Investors to Pick Up Pace on Low-Carbon Projects
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 federal and state environmental incentives are drawing investors towards low-carbon,