The Senate Environment and Public Works Committee held a hearing Wednesday to discuss the Renewable Fuels for Ocean-Going Vessels Act, introduced earlier this year by Sens. Pete Ricketts (R-NE) and Amy Klobuchar (D-MN). The legislation would open new markets for U.S. farmers and biodiesel renewable diesel producers by allowing them to preserve Renewable Identification Number credits (RINs) under the Renewable …
Japan and Indonesia Trade Deals Benefit Ethanol and Ag
The framework of trade agreements with Japan and Indonesia announced this week will benefit U.S. farmers and ethanol producers, according to the Renewable Fuels Association. President Donald Trump announced a landmark agreement with Indonesia on Tuesday that will eliminate tariff barriers, on a preferential basis, on over 99% of U.S. products exported to Indonesia across all sectors, exempting U.S. food …
Big Beautiful Bill Boosts Biodiesel
The big, beautiful bill is a big, beautiful relief for Iowa’s biodiesel industry which has been suffering this year. “Countries around the world and many of our states are demanding ultra-low carbon fuels,” said Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw. “The Big Beautiful Bill helps pave the way for the investments to produce those fuels – and …
Senate Urged to Adopt House 45Z Provisions
Biofuel interests are urging the Senate to adopt the House approach when it comes to the 45Z clean fuel production tax credit. The legislation released by the Senate Finance Committee last week would extend the 45Z credit, which the industry supports, but at the same time would allow imported feedstocks to qualify for up to 80% of the credit, after …
KSU Research Could Lead to Pig Poop-Powered Planes
Pigs may not be able to fly, but their poop could help power planes in the future as a Kansas State University engineer is researching the production of aviation fuel precursors from swine waste. The project focuses on anaerobic membrane reactors, or AnMBRs, as a viable platform to recover and valorize swine waste streams through co-fermentation into short- and medium-chain …
Senate Foreign Feedstocks Credit Concerns Soybean Growers
Soybean farmers are concerned with changes made by the Senate Finance Committee in the House-passed Section 45Z Clean Fuel Production Credit language that would allow foreign biofuel feedstocks to qualify for the credit. The American Soybean Association expressed disappointment in the text that removes a key provision to prevent foreign feedstocks from benefiting from U.S. taxpayer dollars. “The Senate 45Z …
Chevron Opens Tech Center to Drive Innovation in Future Fuels
Chevron Corporation celebrated the grand opening of the Ames Technology Center this week on the Chevron Renewable Energy Group (CREG) Campus. The 45,000 square foot facility will expand the company’s lower carbon fuels technology development and advanced technical support capabilities by adding new analytical laboratory and R&D space, along with new offices. “It’s inspiring to see so many people from …
SAF Company Goes Public on Nasdaq
XCF Global, Inc., a Texas-based Synthetic Aviation Fuel (SAF) company, went public this week on the Nasdaq Capital Market under the ticker symbol “SAFX.” The announcement follows the closing of XCF’s business combination with Focus Impact BH3 Acquisition Company last week. “We’re proud to begin our journey as a public company and to raise awareness to the growing need for …
Stakeholders and Congress Want 45Z Extension
Wednesday was the deadline to submit comments to the U.S. Treasury on the 45Z Clean Fuel Production Tax Credit and some members of Congress commented by introducing legislation that would extend the tax credit and limit it to renewable fuels made only from domestically sourced feedstocks. Senators Roger Marshall (R-KS) and Amy Klobuchar (D-MN) reintroduced the bipartisan and bicameral Farmer …
45Z on the Issues List for ACE Fly-in
The 45Z Clean Fuel Production tax credit was supposed to be implemented this year, but so far the incentive to help make more sustainable aviation fuel (SAF) has yet to even see proposed guidance to make it happen and ethanol producers are looking for answers. Mark Heckman took part in the American Coalition for Ethanol (ACE) DC Fly-in last week …