Treasury Finalizes Prevailing Wage and Apprenticeship Requirements for IRA Tax Credits
On June 18, 2024, the U.S. Treasury and the IRS released final rules regarding Prevailing Wage and Apprenticeship Requirements for tax credits enacted in the Inflation Reduction Act, including the §45Z Clean Fuel Production Credit. The final rule includes substantial changes from the proposed rule, issued August 30, 2023. Per the final regulations, taxpayers claiming the higher value for the §45Z credit […]
Webinar: The Future of Internal Combustion Engines in Light-Duty Vehicles in the United States
Consumers have an ever-increasing number of vehicle choices and fuel options for their personal mobility. The market for new electric vehicles is growing, representing 9.5% of new light duty vehicle sales in 2023, more than doubling from 2021 (4.3%), according to the Alliance for Automotive Innovation. At the same time, automakers continue to produce increasingly efficient advanced […]
USDOE Releases SAF Grand Challenge Request-for-Information Findings
The U.S. DOE Bioenergy Technologies Office released a summary report from a September 2023 request for information (RFI) on building supply chains to meet Sustainable Aviation Fuel Grand Challenge goals. The SAF Grand Challenge was launched in 2021 by DOE, the U.S. Department of Transportation and USDA with the goal of supplying sufficient SAF to […]
House Farm Bill Includes SAF Provisions, HBIIP Funding
The Farm, Food, and National Security Act of 2024 that advanced out of the House Agriculture Committee last week includes provisions for Sustainable Aviation Fuel under the Energy Title (IX). The title “(a)ffirms sustainable aviation fuel as an advanced biofuel” as seen in H.R.6271 – Farm to Fly Act of 2023. Sustainable Aviation Fuel (SAF) […]
Global Production of Biodiesel Rises to Record Level
Demand for soybeans drives biodiesel fuel production in North and South America. Growing production of soybean meal in the United States and South America is driving the use in biofuels and has caused the global supply of biodiesel to rise to a record high level. Based on official data, private sources, and forecasts, the International […]
Airbus A350 Flights On 100% SAF Suggest Lower Soot, Contrail Formation
Analysis of in-flight emissions from an Airbus A350-900 using 100% sustainable aviation fuel indicates a reduction of 35% in soot particle numbers, and a halving of contrail ice-crystal formation per mass of burned fuel. Contrails can form when water vapour condenses onto soot particles from engine emissions, and freezes, under certain temperature and humidity conditions. […]