Clean Fuels Applauds Bipartisan, Bicameral Letter Urging Timely Rules on 45Z Production Tax Incentive
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. […]
Fuel Retailers Applaud U.S. House Legislation to Extend Biodiesel Blenders Tax Credit
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 […]
Extension of U.S. Biodiesel Blenders Tax Credit Introduced in House of Representatives
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 […]
U.S. Oilseed Production Advancements to Support Additional 1.4 Billion Gallons of Biomass-based Diesel Production by 2030
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 […]
The Time Value of Carbon: Why Reducing Emissions is Essential Now
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. […]
OMB Regulatory Agenda Outlines Upcoming RFS, HBIIP and CO2 Pipeline Rulemakings
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 […]