In this presentation by Advanced Biofuels Association president Mike McAdams, we learn about matching policy with real-world reality using the basic tool box of tax credits, grants, loans, mandates and the RFS. We see policy issues such as “numbers don’t reflect reality,” available feedstocks are threatened, and there is over reliance in policy on technologies […]
In Washington, Renewable Fuels Association welcomed a decision from the D.C. Circuit Court that upholds EPA’s Renewable Fuel Standards for 2020-2022 and rejects the oil refining industry’s challenges to the rule. The Court found that EPA exercised its discretion appropriately in setting RFS standards for those years, including a supplemental volume requirement to comply with a […]
In Georgia, the Justice Department and the Environmental Protection Agency (EPA) reached a settlement with Colonial Oil Industries Inc. that will require the company to pay a civil penalty of more than $2.8 million and spend an estimated $12.2 million to offset the detrimental human health and environmental impacts of Colonial’s alleged failure to meet […]
In Texas, the team at S&P posted an interesting analysis on the Cellulosic Waiver Credit and D3 RINs, noting that “Due to an anomaly in the Renewable Fuel Standard, CWCs may be purchased for the 2022 compliance year, but not for 2023” and that “unless the EPA attempts to reduce the 2023 cellulosic biofuel RVOs […]
