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 …
Farm to Fly Act Reintroduced in House
The bipartisan Farm to Fly Act was reintroduced in the U.S. House last week to foster the development of Sustainable Aviation Fuels (SAF) within existing U.S. Department of Agriculture (USDA) programs, allow for greater collaboration, and ensure USDA’s SAF definitions reflect eligibility for American agricultural crops. The bill was introduced by Reps. Max Miller (R-OH), Mike Flood (R-NE), Brad Finstad …
EU Court Dismisses SAF Challenge by Biofuels Producers
The General Court of the European Union this week moved to dismiss a challenge against the ReFuelEU Aviation regulations brought by European biofuel producers ePURE and Pannonia Bio which asserted the EU’s sustainable aviation fuel regulation improperly discriminates against crop-based biofuels. The court ruled they did not have the right to bring the challenge. The Renewable Fuels Association, Growth Energy, …
Clean Fuels Conference Outlines Opportunities Ahead
The annual Clean Fuels Conference hosted by Clean Fuels Alliance America last week in San Diego was a great success with nearly 750 leaders from the biodiesel and renewable diesel value chain meeting to learn more about the state of the industry today and the outlook for the near-and long-term. The clean fuels industry is coming off a year of …