By James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture Farmers were asked several questions focused on renewable energy in March of 2023. When asked to look ahead five years, nearly half of respondents said they expected the renewable diesel industry to be larger than it is today, while only 25% expected growth in […]
How Much Will Renewable Diesel Boost Soybean Prices? Read More »
A Michigan lawmaker says his newly introduced bill will help incentivize demand and educate consumers about biodiesel. Representative John Fitzgerald tells Brownfield the bipartisan legislation provides retail fuel operators a tax credit for selling higher blends of biodiesel, like B5+ and B11+. “This is kind of two-pronged as it helps growers produce soybeans and it
Biodiesel Bill Could Bring Carbon Targets Sooner Read More »
The market for sustainable aviation fuel (SAF) — which can be made from corn and soybean oil — is set to skyrocket in the near future, according to a new report from Exactitude Consultancy. While the global SAF market’s valued at more than $84 million in 2022, the report projects it to reach more than $9.7 billion
Sustainable Aviation Fuel Market Expected to Soar in Coming Years, Says New Report Read More »
Lowering carbon emissions has become more than just an industry trend. For several years, carriers, shippers and brokers across all modes have become increasingly focused on reducing carbon emissions. It’s just good business practice in a competitive landscape where customers are looking to reduce their scope 3 emissions and to be in compliance with requirements.
Biodiesel and Renewable Diesel as a Lower Carbon Strategy Read More »
The Vector System is a dual-fuel technology that enables heavy-duty diesel vehicles to operate on B100 (100% biodiesel) with no changes to the inner components of the engine, and with little to no additional infrastructure needed. But, how does this actually work? There are 5 components that make up this system: a B100 fuel tank,
How Does The Vector System Work? Read More »
The National Renewable Energy Laboratory (NREL) released its Assessment of BQ-9000 Biodiesel Properties for 2022 with more data collected than ever before. The annual report is produced under the direction of Clean Fuels Alliance America to document the quality of biodiesel from U.S. and Canadian-based producers that participate in the industry’s voluntary quality assurance program,
Evergreen Grease of Adrian recently became one of three new stakeholders to join the Michigan Advanced Biofuels Coalition (MiABC), which focuses its work on increasing the understanding and adoption of biodiesel and other advanced biofuels produced from renewable resources. MiABC was formed in 2022. One of the main forms of renewable resources it advocates for
Agriculture Secretary Tom Vilsack today announced the USDA will invest $300 million through the Biden-Harris Administration’s Investing in America agenda to improve measurement, monitoring, reporting and verification of greenhouse gas emissions (GHG) and carbon sequestration in climate-smart agriculture and forestry. The new investments, made possible by the Inflation Reduction Act, will advance priorities set by
USDA Invests in Efforts to Improve GHG, Carbon Reduction Data Read More »
Turning waste into energy has usually meant incineration – that is, burning our trash. But this method has major environmental drawbacks. Gasification could be a better alternative. It’s an old technology that proponents hope to repurpose as a cleaner and more economical waste-to-energy solution, and now a number of companies in this space say they’re
How Gasification Turns Waste Into Fuel Read More »
On June 14, the U.S. Treasury and Internal Revenue Service (IRS) released a package of guidance documents on new options for taxpayers to receive direct payment or transfer new energy incentives enacted in last year’s the Inflation Reduction Act (IRA), including: The guidance package is open to public feedback, with comments due on the two
Treasury Issues Guidance on Refundability of New Tax Incentives Read More »