In India, the transport minister who has long favored a transition to biofuels is now taking a sectoral approach, encouraging individual sectors to switch to biofuels such as the construction equipment industry. He is calling for a major push to boost national highways to 150,000 km from the current 90,000 km and wants to see […]
In Iowa, Republican presidential candidate Marco Rubio says don’t mess with the RFS, at least until 2022. He says that he wouldn’t have supported the legislation had he been a sitting Senator back when the law was approved in 2007, but now that it was in place he didn’t feel it was fair to pull […]
In Washington, the Environmental Protection Agency’s Fall 2015 Statement of Regulatory Priorities estimates that compliance with the RFS to be announced by month’s end will cost between $118 million and $595 million in 2016, based on the previously announced 17.4 billion gallons. Reduced gasoline demand means that blending at estimated levels will break the blend […]
In Washington, Nancy Pelosi and three other Democratic legislators have sent a letter to the Obama administration to stay strong on the Renewable Fuel Standard and not backtrack just days ahead of the climate negotiations at COP21 in Paris. The EPA deadline for releasing the final blending mandate for 2014-2016 coincides with the start of […]
In Washington, the Advanced Biofuels Association sent a letter to Senate Finance Committee leadership that expressed concern about changes to the biodiesel and renewable diesel blenders tax credit. ABFA President Michael McAdams said “At this time common sense dictates that Congress should not be looking to revise an effective, long-term policy with changes to the biodiesel […]
In Washington, a bill introduced by Sen. Debbie Stabenow, D-Mich., Renewable Chemicals Act of 2015, or S. 2271, has been sent to the Senate Finance Committee that seeks to provide tax credits for renewable chemicals production and investment in production capacity. It seeks to provide a 15 cents per pound tax credit for production of […]
In Belgium, the European Commission released its 1st State of the Energy Union, presented by Vice-President Šefčovič. Thomas Nagy, Executive Vice-President of Novozymes, does not agree the policy went far enough in addressing how the European Union consumes fossil fuels. “The State of the Energy Union presented today by Vice-President Maroš Šefčovič falls short in […]
In India, the railways minister says the country needs to develop innovative new ways to produce biodiesel from waste. The minister says it’s an important part of India’s role in tackling climate change, keeping GHG emissions low and improving air quality, with railroads already taking an active role in improving its carbon footprint while focusing […]
In Washington, the National Biodiesel Board believes Congress may be of a mind to approve at least two-years worth of tax extenders legislation that would include a biodiesel producer tax incentive. The blenders credit would be eliminated as it is seen to promote foreign production rather than domestic. There is hope for a longer-term bill, […]
In Washington, Senators Stabenow (D-MI), Coons (D-DE) and Franken (D-MN) have introduced S. 2271, the Renewable Chemicals Act of 2015, a bill to amend the Internal Revenue Code of 1986 to provide credits for the production of renewable chemicals and investments in renewable chemical production facilities. S. 2271 would create a targeted, short-term tax credit of […]
