In Washington, the Department of Treasury and Internal Revenue Service issued proposed regulations to provide guidance for the Alternative Fuel Vehicle Refueling Property Credit. The Inflation Reduction Act amended the credit for qualified alternative fuel vehicle refueling property. The changes apply to qualified alternative fuel vehicle refueling property placed in service after Dec. 31, 2022, […]
In Washington, the Energy Futures Initiative Foundation (EFIF), led by Ernest J. Moniz, the 13th U.S. Secretary of Energy, released a new study detailing pathways to further decarbonize ethanol to reach near net-zero carbon intensity by 2035 and negative carbon intensity by 2050. The research found nine currently available and affordable measures, which together could lower […]
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 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 […]
In Washington D.C., the U.S. Department of Energy’s Loan Programs Office announced a $1.56 billion conditional loan guarantee to Wabash Valley Resources, supporting a project in West Terre Haute, Indiana, to produce low-carbon ammonia using petroleum coke as a feedstock. This facility will integrate carbon capture and sequestration technology to permanently store 1.6 million metric […]
In Washington D.C. U.S. Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri met to review the progress of the U.S.-India Strategic Clean Energy Partnership. The partnership seeks to enhance clean energy innovation, strengthen energy security, and accelerate the clean energy transitions in both countries. Key areas of progress […]
In Washington D.C., the U.S. Department of Energy in collaboration with the Department of Agriculture and the Federal Aviation Administration, has announced $12 million in new funding to advance biorefinery technologies and released a progress report on sustainable aviation fuel production. The report, unveiled on September 11, 2024, at the North American SAF Conference, highlights […]
In Washington D.C., the U.S. Grains Council intensified efforts to promote ethanol blending across Central America at the recent “Cultivando Energía” conference in Costa Rica, where more than 80 industry leaders and policymakers from countries including Costa Rica, Guatemala, Honduras, and Panama gathered to discuss the future of biofuels. The event underscored ethanol’s critical role […]
In Washington D.C., the U.S. Department of Energy’s Bioenergy Technologies Office announced new efforts to accelerate bioenergy innovations, aligning with the Biden-Harris Administration’s ambitious “Bold Goals for U.S. Biotechnology and Biomanufacturing” initiative. BETO’s strategy focuses on transforming the U.S. bioeconomy by converting sustainable biomass into fuels and bioproducts, supporting the administration’s goal of net-zero emissions […]
In Washington D.C., U.S. Representatives Tracey Mann and Marcy Kaptur, along with 39 colleagues, urged the U.S. Department of Treasury to prioritize domestic fuel producers in the implementation of the Clean Fuel Production Credit. The bipartisan letter calls for restricting the credit to biofuels made from U.S. feedstocks ahead of the January 1, 2025 deadline. […]
