Biofuel News
Evergreen Grease One of Three New Stakeholders to Join Michigan Advanced Biofuels Coalition
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 […]
USDA Invests in Efforts to Improve GHG, Carbon Reduction Data
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 […]
How Gasification Turns Waste Into Fuel
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 […]
Treasury Issues Guidance on Refundability of New Tax Incentives
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 […]
Michigan Biodiesel Producer and Retailer Tax Credits Introduced
Last week, legislation was introduced in Michigan creating a new incentive program for the in-state sale and production biodiesel. HB4847, introduced by Representatives John Fitzgerald (D – Wyoming), Kristian Grant (D – Grand Rapids), Jennifer Conlin (D – Ann Arbor), Matt Hall (R – Richland Township), and Reggie Miller (D – Van Buren Township), provides a […]
Higher Blends Infrastructure Incentive Program 101
Beginning July 1, 2023, $450 million will be available for the Higher Blends Infrastructure Incentive Program (HBIIP). Each quarter, $90 million will be made available to support a variety of fueling operations: The United States Department of Agriculture (USDA) intends to open five application windows for HBIIP between July 1, 2023, and Sept. 30, 2024. […]