Clean Fuels Alliance America applauded a bipartisan, bicameral letter signed July 23 by 16 U.S. senators and 36 representatives urging Janet Yellen, secretary of the U.S. Department of the Treasury, to publish proposed rules for the 45Z clean fuel production credit and safe-harbor guidance by Sept. 1 and complete the final rulemaking no later than Nov. 1. […]
NATSO, representing America’s travel centers and truck stops, SIGMA: America’s Leading Fuel Marketers, and the National Association of Convenience Stores commended a bipartisan group of lawmakers for introducing the Biodiesel Tax Credit Extension Act of 2024, which would extend the biodiesel blenders tax credit. The legislation is sponsored by Reps. Mike Carey, R-Ohio; Claudia Tenney, R-New York; Ann
Fuel Retailers Applaud U.S. House Legislation to Extend Biodiesel Blenders Tax Credit Read More »
A bipartisan bill was introduced in the U.S. House of Representatives July 18 to extend the $1 per gallon biodiesel blenders tax credit, which is set to expire at the end of 2024. HR 9060 was introduced by Reps. Mike Carey, R-Ohio; Ann Kuster, D-New Hampshire; Claudia Tenney, R-New York; and Mariannette Miller-Meeks, R-Iowa. The Sustainable Advanced Biofuel Refiners Coalition
Extension of U.S. Biodiesel Blenders Tax Credit Introduced in House of Representatives Read More »
A new study shows feedstocks produced within the U.S. are on track to support domestic production of an additional 1.4 billion gallons of renewable diesel and biodiesel, also known as biomass-based or biobased diesel (BBD), by 2030. Commissioned by the National Oilseed Processors Association and conducted by S&P Global Commodity Insights, the report verified that
In the race to mitigate climate change, the timing of our actions is critical. Net-zero greenhouse gas emissions goals for 2050 are prevalent in mainstream conversations, but conversations about what needs to be done in the interim are more muted. The scientific consensus is not just about net-zero by 2050; annual global emissions must peak before 2025.
The Time Value of Carbon: Why Reducing Emissions is Essential Now Read More »
The White House Office of Management and Budget on July 5 published its 2024 Unified Agenda and Regulatory Plan, which outlines rulemakings and other actions under development by various federal agencies related to the Renewable Fuel Standard, biofuel infrastructure, CO2 pipeline safety, and wood heating. According to the agenda, the EPA is currently scheduled to
OMB Regulatory Agenda Outlines Upcoming RFS, HBIIP and CO2 Pipeline Rulemakings Read More »
The rising demand for renewable fuel and subsequent tax credits to incentivize production has led to a significant spike in imported feedstocks like used cooking oil and tallow, which some say could undermine the domestic oilseed industry and result in fraudulent materials entering the market. Animal fat and vegetable oil imports more than doubled between
Eight scientists told a federal appeals court last week that claims made in a lawsuit that the Renewable Fuel Standard has led to the loss of habitat for endangered species and loss of grasslands are untrue. The Center for Biological Diversity filed a lawsuit in July 2023 challenging the U.S. Environmental Protection Agency’s so-called RFS
Scientists: Renewable Fuel Standard Land Use Claims False Read More »
A biofuels market specialist says demand has been increasing for biomass-based diesel. Paul Nees, general manager of global supply and trading with Chevron Renewable Energy Group, says new production capacity has been coming online. “So much so that we’re actually starting to see some compression of margins as the production of the fuels has outpaced
Chevron REG Calls for Higher Renewable Volume Obligation Levels Under RFS Read More »
The United States has enough biomass potential to produce 35 billion gallons per year of aviation biofuel by 2050, a new report confirms. Oak Ridge National Laboratory’s John Field provided biomass feedstock production expertise to the report focused on the role of the bioeconomy in U.S. decarbonization strategies, which was produced by the Department of
Study Confirms Sufficient Biomass Potential to Reach Sustainable Aviation Fuel Goals Read More »