(U.S. Department of Justice) A Colorado resident was sentenced to 15 months in prison yesterday for his role in a biodiesel tax credit fraud scheme, announced Principal Deputy Assistant Attorney General
Tag "taxes"
by Timsy Jaipuria (CNBC) India is likely to roll out a comprehensive ethanol policy to ensure reduction in dependence on imported crude oil. Sources told CNBC-TV18, “Prime Minister Narendra Modi
(Today/Reuters) Indonesia may further increase palm oil export levies in future to support its ambitious biodiesel programme as the price of crude oil is expected to remain weak next year, a
(U.S. Department of Justice) A Colorado resident was sentenced to 83 months in prison on Friday for his role in a biodiesel tax credit fraud scheme, announced Principal Deputy Assistant Attorney
(GreenAir Online) A recent proposal by the Netherlands finance ministry for an EU-wide aviation tax to deal with the sector’s growing emissions has received backing from a Belgian environment minister at
by Daria Sito-Sucic (Reuters) Fuel distributors in Bosnia’s autonomous Bosniak-Croat Federation agreed a deal with the regional government on Tuesday to cut fuel prices after drivers repeatedly blocked roads in protest
by Caroline Stauffer and Maximilian Heath (Reuters) Argentina’s government is raising an export tax on biodiesel to 15 percent from 8 percent, effective July 1, according to a decree published in
by Jarrett Renshaw (Reuters) The state of Pennsylvania wants a federal judge to halt the bankruptcy of Philadelphia Energy Solutions (PES), arguing the refiner owes an estimated $3.8 billion in fuel
by Ari Natter (Bloomberg) Billions in breaks for energy sought in ‘tax extenders’ bill; Lobbyists are seeking new credits for coal, nuclear plants — Energy lobbyists, who failed to get a range of
by Brent Erickson (Biotechnology Innovation Organization) … BIO has led the effort to prompt Congress to recognize the important and emerging biobased sector. Congress’ current effort to reform taxes can revitalize
by Joseph Bebon (NGT News) On Tuesday, the Oklahoma Supreme Court struck down H.B.1449, a bill that sought to implement an annual fee on electric vehicles (EVs), ruling the tax unconstitutional because the
by Jim Lane (Biofuels Digest) … Iowa Governor Kim Reynolds and Nebraska Governor Pete Ricketts are the headliners in a battle in and about Washington DC this week. You can call
by Matt Mace (edie.net) EXCLUSIVE: Biomethane generated from food and drinks process residues is emerging as a viable low-carbon alternative to diesel used in commercial vehicles, but a lack of political
by Hugh Hewitt (The Washington Post) … One obvious answer is to raise the existing federal levy that makes the most sense to the most voters: the federal gas tax. Currently less
(Biofuels International) Indian union minister Nitin Gadkari will urge the country’s finance minister to reduce the goods and services tax (GST) rates on cars that run on biodiesel, as well
by Dominique Patton and Josephine Mason (Reuters) China’s ethanol exports soared in April from the same month the year before and imports slowed to a trickle, the latest sign that Beijing’s
by Luciano Costa (Reuters) Brazil is toughening requirements for ethanol importers to protect domestic producers from an incoming surge of U.S. corn ethanol, a minister said on Monday, adding that he
by Cindy Zimmerman (Energy.AgWired.com) … According to the latest study by ABF Economics, the U.S. ethanol industry added $42.1 billion to the nation’s gross domestic product in 2016 and supported
(Minnesota Bio-Fuels Association/Ethanol Producer Magazine) The ethanol industry continued to boost Minnesota’s economy in 2016, contributing $1.98 billion to the state’s gross domestic product (GDP). A new study released by
(Renewable Fuels Association) The U.S. ethanol industry added $42.1 billion to the nation’s gross domestic product and supported nearly 340,000 jobs in 2016, according to a new study commissioned by
by Robert Walton (Utility Dive) The Sierra Club says six states have proposed legislation this year that would add to the cost of owning an electric vehicle, worrying clean energy
by Jim Lane (Biofuels Digest) … This Administration is a team, so long as you generally understand that there’s one guy with the ball, he’s calling all the plays, and members
by Jeremy Cox (DelmarvaNow.com) … The measure would bar the energy projects from lands in agricultural zones. That would rob solar developers of their preferred land-use type for building. The recipe
by Susan van Dyk and Stephen Schuck (IEA Bioenergy Task 39/Bioenergy Australia) Australia’s primary energy consumption is heavily dependent on fossil fuels, with renewables contributing about 7% (including hydroelectricity, wind, solar and biomass)
by Dick Roche (EurActiv) Public policy should be built on firm foundations. Objective analysis, verifiable facts and solid science are good starting points, but that was absent in biofuels policy-making,
(Economic Times) Biodiesel Association of India (BDAI) has sought Value Added Tax (VAT) relaxation on blending of biodiesel from States for promoting green fuel Blending and energy security in the
by Jim Lane (Biofuels Digest) The US passed a dubious and historic milestone this week. The tax rate on E85 renewable fuels now exceeds 100% in some formulations. By comparison,
by Joanna Schroeder (Energy.AgWired.com) Maui drivers using #biodiesel have a reason to celebrate today as city eliminated its 9 cents per gallon on-road biodiesel fuel tax effective July 1, 2016.
by Marc J. Rauch (The Auto Channel) … Our exchange began with his comments that government should not decide which fuel is the winner; that fossil fuels dominance over alternative fuels
by Ayesha Rascoe and Valerie Volcovici (Reuters) U.S. President Barack Obama will launch a long-shot bid next week to impose a $10-a-barrel tax on crude oil that would fund the
by Jim Lane (Biofuels Digest) There’s historic news out now — that E85 fuel is available on a wholesale basis for less than 85 cents per gallon. The Anderson’s in
(Delfi by the Lithuania Tribune) The Lithuanian Seimas has voted to waive the duty exemptions for EU-approved biofuel mixtures sold in Lithuanian gas stations. The amendments are expected to help
by Jim Lane (Biofuels Digest) Electric cars and their $1600 cost per ton for CO2 reduction. And, yep, you’re paying for it. Electric cars have environmental benefits, no doubt about it,
(Aemetis) Aemetis, Inc. (NASDAQ: AMTX), an advanced renewable fuels and biochemicals company, announced that the Government of India Revenue Department removed an important tax barrier to expanding biodiesel production in
by Luis Ferreira Alvarez (Council on Foreign Relations) As Brazil’s Petrobras corruption investigation continues to roil its economy and politics, the ethanol sector is emerging as a clear beneficiary. New
(Environmental and Energy Study Institute) On October 21, the Advanced Biofuels Association, along with the Petroleum Marketers Association and other retail fuel groups, expressed opposition to changing the biodiesel and
(Advanced Biofuels Association) During the Senate Finance Committee’s July markup, Senator Charles Grassley offered an amendment, co-sponsored by Senator Maria Cantwell, which would extend the biodiesel and renewable diesel tax
(Avalara) The growth of the biodiesel market in recent years is largely due to the enactment of the Renewable Fuels Standard in 2005. Both federal and state governments have incentivized
(The California Biodiesel Alliance/Biodiesel Magazine) On Oct. 4 California Gov. Jerry Brown signed AB 1032 into law, correcting a tax problem and clearing the way for a significant increase in
by Laís F. Thomaz* (Advanced Biofuels USA) The effect of increased consumption of ethanol due to the reduction of state tax called ICMS (Tax over Merchandise and Services Circulation) has
(Avalara) … The fuel industry is subject to one of the most complex tax structures in the U.S. and there’s little chance of that changing in the foreseeable future. Federal excise
by Erin Voegele (Ethanol Producer Magazine) UNICA, the Brazilian sugarcane association, has announced the country has made changes to its tax policy on imported ethanol. According to a statement issued
(Biofuels Association of Australia) The Biofuels Association of Australia (BAA) welcomes the bipartisan agreement on the taxation of biodiesel and ethanol produced in Australia. The agreement will see the excise
by Andrew Murphy (Transport & Environment (T&E)/GreenAirOnline) … The airline industry predicts a massive increase in the use of alternative fuels, although most experts predict an uptake of only a few percentage
(Ukrainian Biofuel Portal) According to official statistics, in 2014 the production volumes and alcohol sales exceedingly declined, which posed the menace for the domestic industry existence. Last year the export
by Chad Smith (Midwest Producer) “We threw a whole bunch of stuff up on the wall to see if anything sticks.” Dave VanderGriend quoted a Kansas state legislator describing House Bill
(Avalara) Natural gas is becoming increasingly popular as a transportation fuel due to its lower costs and less environmental impact. As a result, it’s gaining the attention of state regulators,
by Ron Kotrba (Biodiesel Magazine) Wyoming Gov. Matthew H. Mead recently signed a bill (HB0009) into law imposing a fuel tax on previously exempt alternative fuels such as biodiesel and
(Iowa Biodiesel Board) Argentine biodiesel imports could reverse domestic energy progress Hosting a U.S. Trade Representative on his family farm outside Des Moines, Grant Kimberley, executive director of the Iowa
by Jim Lane (Biofuels Digest) As ABLC-Next concludes, here is the first installment in a review of the hottest slides, stories, intrigue and perspective from the Big Conversation amongst the bioeconomy’s
(Internal Revenue Service) The American Taxpayer Relief Act of 2012 (Pub. L. 112-240) retroactively extends certain fuel tax credits that expired on Dec. 31, 2011. The retroactively extended fuel tax
(Renewable Fuels Association) In a challenging year for America’s farm economy, domestic ethanol production reached an estimated 13.3 billion gallons — the second highest annual production level in history amidst
(25 x ’25) Amid the political clamor surrounding congressional efforts to cut federal spending over the next decade and reduce the nation’s deficit, the ethanol industry has conceded that a
by Louise Downing (Bloomberg) Governments need to make it “very clear” that jet fuel made from sources such as inedible plants and organic waste aren’t taxed like regular fuel, said Richard
by Brian Robers, Adam Kreek and Chris McDowel (Vancouver Sun) Environmentally friendly proucts taxed as if they were derived from the fossil fuels they aim to replace …The growing
by National Biodiesel Board (Biodiesel Magazine) …The new numbers, coming after Congress reinstated the biodiesel tax incentive this year, demonstrate the power that strong domestic energy policy can have in
by Darren Goode & Darren Samuelsohn (Politico) Popular energy and environmental programs should prepare for a decade of spending cuts under the debt deal reached late Sunday between the White
by Brent Erickson (Biofuels Digest) Reports of the Volumetric Ethanol Excise Tax Credit’s (VEETC) early demise have been a bit
by Gene Lucht (Iowa Farmer Today) …On the biodiesel front, there are three basic components, says Randy Olson, executive director
by Olexander Martinenko, Vitaliy Radchenko, Volodymyr Kolvakh and Tetyana Rabczak (Mondaq) The Cabinet of Ministers of Ukraine has recently adopted
(Associated Press) Oil companies’ tax breaks, if left in place, would cost the U.S. Treasury $44 billion over the next
by Evan Bush (iwatchnews) In election year, Interior Department may take on a popular target: Big Oil The Obama administration
by Jim Lane (Biofuels Digest) …Instead of simply not collecting a portion of the fuel tax, the consumer is charged
by Mike McAdams (Biorefining Magazine/Advanced Biofuels Association) I recently had the privilege of testifying before the Energy and Power Subcommittee
by Andrew Restuccia (The Hill/E2Wire) The Senate on Tuesday rejected a bill that would have ended $21 billion worth of
by Alexander Bolton (The Hill/E2Wire) Senate Democrats stepped up their push to repeal tax breaks for major oil companies
by Denise Ross (The Daily Republic) Sen. Tim Johnson, D-S.D., called for an end to taxpayer subsidies for oil
(Renewable Fuel Association) The American Coalition for Ethanol (ACE), Growth Energy, the National Corn Growers Association (NCGA), and the Renewable
(Senator Chuck Grassley) Senators Chuck Grassley of Iowa and Kent Conrad of North Dakota today introduced bipartisan legislation to update ethanol
(Milken Institute Global Conference) With oil prices spiking and concern over climate change growing, biofuels hold tremendous appeal. But they
by Steven Mufson (The Washington Post) …The paper industry — which in 2009 raked in billions of dollars in federal subsidiesoriginally
(Reuters) China’s Finance Ministry has retroactively exempted consumption tax on pure biodiesel made from waste animal fats or vegetable oils, and
by Mathew Murphy (The Sidney Morning Herald) …NSW and Queensland’s attempts to increase the local ethanol industry are being stymied
by Brian Hansen (Platts) Republican leaders in the US Congress said Tuesday after a private meeting with President Barack Obama
by Erin Voegele (BioDiesel Magazine) Legislation currently pending in Pennsylvania could negatively impact the state’s biodiesel industry. On Oct. 6,
by Gary Truitt (Hoosier Ag Today) A variable subsidy for ethanol producers could cost the government less and provide more
by Stephanie Dreyer (Growth Energy/RenewableEnergyWorld.com) Ethanol has been the Oil Industry’s favorite target for years. Big Oil has argued that
by John D. Graham (Lexington Herald-Leader/McClatchy-Tribune) Editorial …Due to large swings in oil prices, which are partly manipulated by OPEC, a
byGen. Wesley K. Clark (Ret.) (New York Times) Letter to Editor: …The consequences include not only huge environmental risks, but
by Brent Erickson (BIO/New York Times) Letter to Editor: The refundable investment tax credit for wind, solar and geothermal energy
(Algae Industry Magazine) As Congress takes action on critical tax incentive packages, leading advanced biofuel trade associations reemphasized the importance of
by Alex Morales (Bloomberg) Global subsidies for fossil fuels dwarf support given to renewable energy sources such as wind and solar
(Reuters) The greenest fuels would become the cheapest under plans for a pan-European energy tax which would also help governments
(Advanced Biofuels Association) The Advanced Biofuels Association launched a new online video series today. The Clean Fuels Forecast spotlights the top
by Chris Lusvardi (Herald-Review.com) …(T)he Illinois Senate has approved a measure that will eventually allow higher blends of ethanol to
U.S. Reps. Allyson Schwartz (D-PA), Mark Schauer (D-MI) and Brian Bilbray (R-CA) introduced bipartisan legislation yesterday that will encourage the
Nick Snow (Oil and Gas Journal) US senators from agricultural states introduced legislation on Apr. 20 that would extend the
by Robert Rapier (Forbes) …In order to better understand the intricacies of the issues involved, I have been engaged in
by Jim Lane (Biofuels Digest) …The ethanol cold war developed into a hot one this week when television and print
by Patrick Westhoff (Washington Times letter to editor) The editorial “Stop ‘Big Corn’ ” (Opinion, Monday) did not accurately describe
The livestock sector can lead the agricultural economy to higher net farm income, assuming the farm economy benefits from a