Clean Fuels Advocates Seek Unity During Uncertain Times
Clean fuels advocates are calling for unity as the industry faces uncertainty under a new administration. While recent Biden-era guidance on the §45Z tax credit offers some clarity, producers remain cautious about its long-term stability. Donnell Rehagen, CEO of Clean Fuels Alliance America, stresses the urgency of policy certainty, noting that roughly half of biodiesel […]
Treasury Releases Incomplete 45Z Clean Fuel Production Credit Guidance, Requests Comments
After much delay, the U.S. Treasury and IRS released overdue initial guidance on the 45Z Clean Fuel Production Credit on January 10. The Treasury issued two notices with details on the new tax incentive: draft rules that the agency intends to propose and a table of eligible fuels and feedstock combinations, which includes biodiesel, renewable diesel, SAF and co-product fuels […]
EIA Increases Forecast for Renewable Diesel Demand in Short-Term Energy Outlook
The Energy Information Administration (EIA) predicted stronger demand for renewable diesel next year while slightly cutting similar projections for ethanol usage in the January edition of its Short-Term Energy Outlook (STEO) released Tuesday. The agency estimated U.S. renewable diesel demand this year will average 252,000 barrels per day (b/d), up 12,000 b/d from its December […]
Biofuels Boost Sustainable Soy, Cover Crops
The rapid expansion of the biofuel industry is reshaping soybean farming, creating new opportunities for sustainability, innovation and economic growth. Increased demand for renewable fuels has spurred advancements in farming practices and technologies, resulting in significant yield improvements over the past two decades. This progress enables soybean producers to meet the growing needs of the […]
Clean Fuels Conference Highlights State of Biodiesel, Renewable Diesel, and SAF Industry
Industry leaders will outline opportunities, challenges ahead Nearly 750 leaders from the biodiesel and renewable diesel value chain met last week in San Diego for the annual Clean Fuels Conference hosted by Clean Fuels Alliance America, where experts shared the state of the industry today and the outlook for the near-and long-term. The clean fuels industry […]
U.S. Department of Energy Releases Updated 45VH2-GREET
Updated model includes new feedstock, technologies, and assumptions in alignment with final rules The U.S. Department of Energy released an update to the 45VH2-GREET model, which has been adopted by the Department of the Treasury for the purposes of calculating well-to-gate emissions of hydrogen production facilities for the clean hydrogen production tax credit established in […]