In Washington, U.S. Senator Roger Marshall, M.D. introduced the bicameral and bipartisan Farmer First Fuel Incentives Act requiring the Treasury Department to restrict the eligibility of the 45Z Tax Credit to renewable fuels made only from domestically sourced feedstocks and extending the tax credit to make it a full ten-year credit. This bill is co-led with Senator […]
In Illinois, Aether Fuels signed a Memorandum of Understanding (MOU) with JetBlue. Aether has developed a breakthrough technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels at a lower cost and greater scale than existing approaches. The agreement creates a pathway for Aether to supply JetBlue with sustainable aviation fuel […]
In Germany, DHL and Formula 1® are adopting Sustainable Aviation Fuel (SAF). Starting in March of this year, with cargo movements to the Australian Grand Prix, Formula 1 has been working with DHL Global Forwarding’s GoGreen Plus service to reduce its greenhouse gas emissions by around 80% per flight compared to conventional aviation fuel by […]
In Finland, AM Green Technology and Solutions B.V. (part of AM Green Group), has announced the signing of binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities. This acquisition highlights AM Green’s commitment to develop innovative technology enabled solutions. AM Green will establish large-scale bio refineries that utilize multiple feedstocks & produce high-value […]
In France, Qair, an independent renewable energy company and Trapil, a leading refined products pipeline networks operator announce today the signature of a partnership agreement to cooperate on e-molecule distribution projects, in France and internationally. With the aim of supporting industries in their ambitious decarbonization strategies, Qair is diversifying its energy offer to complement the […]
In Colorado, Gevo, Inc. sold approximately $20 million in Investment Tax Credits to an undisclosed corporate buyer. This transaction monetizes Inflation Reduction Act Investment Tax Credits generated from the commercialization of a renewable natural gas production facility by Gevo NW Iowa RNG, LLC and provides net cash proceeds of approximately $17 million to Gevo after […]
In Sweden, food business operator Orkla Suomi, the transport company Scandic Trans and Viking Line have launched scheduled freight service with transport that runs on biofuel. Transport emissions along the green freight corridor that stretches from Fågelmara, Sweden to Turku, Finland are 90 per cent lower than previously. Felix ketchup, produced by the Orkla Group […]
In Florida, Filta Environmental Kitchen Solutions (Filta) announced a significant milestone: the recycling of 1 billion pounds of used cooking oil into biodiesel fuel. Filta’s unique service model enhances commercial kitchen operations by micro-filtering cooking oil, deep cleaning fryers, and offering bin-free waste oil collection, all while ensuring the waste oil is recycled into biodiesel […]
In Brazil, mathematical analysis reveals that within Brazil’s agriculture and livestock industry, the biofuels sector is most heavily reliant on other sectors with high greenhouse gas emissions. Brazil is a world leader in biofuel production, but the environmental sustainability of the sector has faced criticism due to its impacts on deforestation, water use, and biodiversity, […]
In Washington, Brownfield Ag News reports the Renewable Fuels Association is worried that if former President Trump returns to the White House, he will drop the Inflation Reduction Act and along with it important tax breaks for the biofuels sector such as the 45Z sustainable aviation fuel credit. The RFA is encouraged, however, to see […]
