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Energy Giants, Bill Gates Back Effort to Map ‘Clean’ Hydrogen

 (E&E News Energy Wire) Excerpt from E&E News Energy Wire: Many of the world’s largest energy companies and a Bill Gates-led group are joining an industry-led initiative to measure and map the

January 10, 2023 Read Full Article

Growth Energy to Fuel Beyond in 2023

by Emily Skor (Growth Energy) … By any measure, 2022 was a banner year for biofuel advocates in Washington, D.C. We secured new funding for blending infrastructure, critical tax incentives

January 3, 2023 Read Full Article

Biden’s Dilemma: How Do You Define ‘Green’ Hydrogen?

by David Iaconangelo (Politico Pro) The Treasury Department is expected to release a framework that could determine whether renewable hydrogen is a successful climate tool or a high-emitting fuel. —  The

December 23, 2022 Read Full Article

Treasury, IRS Issue Guidance on New Sustainable Aviation Fuel Credit

(U.S. Internal Revenue Service) The Treasury Department and Internal Revenue Service today issued a notice regarding the Sustainable Aviation Fuel (SAF) credit. This is a new credit created by the Inflation

December 20, 2022 Read Full Article

NBAA, Coalition Urge IRS to Resolve Questions about SAF Tax Credit Programs

(National Business Aviation Association) NBAA recently joined with a coalition of dozens of aviation stakeholders in submitting comments to the IRS on implementation of the upcoming sustainable aviation fuel blenders tax

December 8, 2022 Read Full Article

Ethanol Blog: Biofuels Groups Ask IRS to Get Carbon Scoring Right in Implementing Clean Fuel Tax Credit

by Todd Neeley (DTN Progressive Farmer)  A new clean fuel production tax credit created by the Inflation Reduction Act could pave the way for significant growth in biofuels including ethanol, sustainable

December 7, 2022 Read Full Article

RFA Provides Input on IRA’s Clean Fuel Production and CCUS Credits, Biofuels Infrastructure Grants

(Renewable Fuels Association) As federal agencies continue to work on implementation of the Inflation Reduction Act, the Renewable Fuels Association on Saturday filed two sets of comments to the Internal Revenue

December 6, 2022 Read Full Article

Clean Fuels Files Comments on New SAF, Biodiesel and Renewable Diesel Tax Incentives

(Clean Fuels Alliance America) Clean Fuels urges Treasury to use up-to-date, science-based model for carbon scoring  —  On Friday (December 2, 2022), Clean Fuels Alliance America submitted a written response to

December 5, 2022 Read Full Article

RFA Leading the Charge on IRA Implementation

(Renewable Fuels Association) Testimony, Comments Provided to Treasury, IRS, USDA — In separate comments and testimony to the U.S. Department of Treasury, Internal Revenue Service and the U.S. Department of Agriculture,

November 9, 2022 Read Full Article

Growth Energy Sends Letter to Treasury on Action to Slash Aviation Emissions

(Growth Energy) Today, Growth Energy sent a letter to the U.S. Department of the Treasury on implementation of Inflation Reduction Act of 2022 (IRA) tax credits for sustainable aviation fuel (SAF). In her

November 4, 2022 Read Full Article

Yellen: Treasury Exploring Development of Carbon Markets

by Sam Sutton (Politico Pro)  Treasury Secretary Janet Yellen on Monday said she was exploring how the administration could develop standards for voluntary carbon markets as part of broader efforts to

October 24, 2022 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

December 8, 2021 Read Full Article

Treasury Moves against Fossil Fuels

by Matthew Choi (Politico’s Morning Energy)  The Treasury Department warned multilateral development banks that the U.S. won’t support most future fossil fuel projects unless low-carbon alternatives aren’t feasible. The department

August 17, 2021 Read Full Article

Biofuels Industry Wary of Tech-Neutral Tax Credit Absent CI Model Changes

by Patrick Newkumet (OPIS)  Alternative low-carbon fuel producers would receive tax credits for reaching net-zero emissions under a U.S. Senate bill introduced last month, but biofuel industry stakeholders are concerned they

May 21, 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

April 7, 2021 Read Full Article

Will Biden’s $2.3 Trillion Infrastructure Plan Usher in Era of the EV?

by Sebastian Blanco (Car and Driver) While not targeting gas-powered cars for extinction, the plan intends to bring electric cars fully into the mainstream by spending $174 billion to promote

April 5, 2021 Read Full Article

Biden Releases $2 Trillion Jobs and Infrastructure Plan

by Erin Voegele (Ethanol Producer Magazine) President Biden on March 31 released a $2 trillion infrastructure and jobs plan, officially titled the American Jobs Plan. Biofuel/bioproducts and carbon capture and storage

April 1, 2021 Read Full Article

Biden Administration Wants the Financial Sector to Face up to Climate Risk

by Steven Mufson and Juliet Eilperin (Washington Post)  The Commodity Futures Trading Commission aims to create a new Climate Risk Unit, joining initiatives at Treasury, the Securities and Exchange Commission,

March 18, 2021 Read Full Article

SEC Unveils ESG Task Force

by Matthew Choi and Kelsey Tamborrino (Politico’s Morning Energy)  The commission is setting up a climate and ESG task force in its enforcement division as the financial industry faces growing

March 5, 2021 Read Full Article

Greens Look to Yellen on Climate

by Kelsey Tamborrino (Politico’s Morning Energy) –President-elect Joe Biden is expected to officially tap Janet Yellen for Treasury secretary, a job with significant climate implications.  –And former Secretary of State

November 24, 2020 Read Full Article

Banking on Climate

by Kelsey Tamborrino (Politico’s Morning Energy) U.N. special envoy for climate change Mark Carney will tell the Bloomberg New Economy Forum today that central banks can take a more proactive role

November 18, 2020 Read Full Article

Big Oil’s $100 Billion Bender: How the U.S. Government Provided a Safety Net for the Flagging Fossil Fuel Industry

(Bailout Watch) The U.S. government’s efforts to stabilize the financial system at the start of the global pandemic last spring have propped up the fossil fuel industry, which entered the

October 2, 2020 Read Full Article

BD Zones and BDO Zones: Weaponizing Biomass to Support a Bio-Fueled Economic Recovery

by Jordan Solomon (Ecostrat Inc./Biofuels Digest)  The US has over a billion tons of biomass which can be used as a key lever to drive economic recovery. USDA estimates that

May 21, 2020 Read Full Article

Big Oil Overreaches on COVID-19 Bailout

by Jim Talent (The Gazette) … Oil companies have requested special access to a $600 billion lending facility at the Federal Reserve, and the administration seems keen to deliver. The

May 7, 2020 Read Full Article

Trump Poised to Offer Bridge Loans to Ailing Oil Companies

by Saleha Mohsin, Ari Natter and Jennifer A. Dlouhy (Bloomberg/RigZone) The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry possibly in

April 30, 2020 Read Full Article

QUOTE OF THE WEEK — Bethany McLean

“It’s worth remembering that Wall Street can make money even when the businesses that they are funding don’t make money,” explained Saudi America author Bethany McLean in this Strand Book

April 20, 2020 Read Full Article

An Answer to “Hard to Find” Equity – Opportunity Zone Funds

by Mark Riedy and Eddie Wang (Kilpatrick Townsend & Stockton LLP/Biofuels Digest)  The recently-established Opportunity Zone Program offers developers, including start-up technology companies attempting to develop and commercialize new technologies in the

July 31, 2019 Read Full Article

From Greenspan to Yellen, Economic Brain Trust Backs Carbon Tax

by Jennifer A Dlouhy (Bloomberg)  Strategy cheered by economists who served last six presidents; Endorsement could give boost to carbon tax-and-dividend plan  —  An all-star lineup of economists, from Alan Greenspan to Paul Volcker,

January 18, 2019 Read Full Article

A Summary of Federal Programs: The Digest’s 2018 Multi-Slide Guide to Alternative Fuel and Advanced Vehicle Technology Incentives

by Jim Lane (Biofuels Digest)  A wide array of federal incentives supports the development and deployment of alternatives to conventional fuels and engines in transportation. These incentives include tax deductions and

December 5, 2018 Read Full Article

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