In Washington, NATSO, representing America’s truck stops and travel centers, SIGMA: America’s Leading Fuel Marketers, American Trucking Associations (ATA), the Clean Freight Coalition (CFC), Energy Marketers of America (EMA), the National Association of Convenience Stores (NACS), the National Energy & Fuels Institute (NEFI) and the Truckload Carriers Association (TCA) urged Congress to extend the ‘Section […]
In Missouri, Brownfield reported that the Indiana Senate has passed a bill that would give biofuel tax credits to fuel retailers across the state. The report noted that the Indiana Corn Growers Association President Chris Cherry said Senate Bill 254 would help increase demand for corn. “It’s huge for Indiana farmers,” he said. “It helps […]
In Canada, the Canadian Broadcasting Corp reports the Braya Renewable Fuels plant that only came online in April is already considering shutting down due later this year due to economic contraints resulting from the expiration of the Blenders Tax Credit that led to lower-than-normal margins and short-term market disruptions. Should the plant be shut down, […]
In Canada, Alberta’s government introduced the Agri-Processing Investment Tax Credit in spring 2023 to support economic growth and diversification. The tax credit is attracting large-scale investment in value-added manufacturing with Imperial’s C$720-million project to build the largest renewable diesel facility in Canada. When production begins in 2025, Imperial’s new facility will convert locally sourced biofeedstocks […]
