U.S. Customs and Border Protection closed two rail bridges this week that move freight between Texas and Mexico due to a surge in the influx of migrants through Mexico by train but the move is impacting exports of agriculture and ethanol. The Renewable Fuels Association joined dozens of commodity groups and other organizations in asking U.S. Homeland Security Secretary Alejandro …
Governors’ E15 Waiver Request Moves Forward
After months of delay, some action was finally taken this week on the request from eight states to allow year-round sales of E15. On Monday, EPA’s proposed rule was sent to the White House Office of Management and Budget (OMB) for final review, which is the last step in the process before the rule is finalized and published. Renewable Fuels …
Most 2024 Vehicles Approved for E15
More new vehicles than ever are specifically approved by manufacturers to run on 15 percent ethanol blended fuel (E15). The Renewable Fuels Association just released its annual review of vehicle owner’s manuals and warranty statements and found that E15 is explicitly approved by the manufacturer for use in approximately 95 percent of model year 2024 cars and light trucks. “RFA …
Ethanol Report on SAF Guidance
The U.S. Treasury Department has released long-awaited guidance regarding the implementation of the Inflation Reduction Act’s sustainable aviation fuel (SAF) tax credit. The guidance clarifies that a soon-to-be-updated version of the Department of Energy’s GREET model will be among the methodologies used to determine eligibility for the tax credit. The administration has committed to finishing the GREET model updates by …
U.S. Treasury and IRS Release SAF Guidance
The U.S. Department of the Treasury and Internal Revenue Service (IRS) today released guidance on the Sustainable Aviation Fuel (SAF) Credit established by the Inflation Reduction Act (IRA). The Treasury Department’s guidance provides important clarity around eligibility for the SAF Credit. The credit incentivizes the production of SAF that achieves a lifecycle greenhouse gas emissions reduction of at least 50% …
Lawmakers Demand Action on E15 Waiver Request
A bipartisan, bicameral group of 22 lawmakers sent a follow up letter to the White House this week seeking swift action on regulations that would allow year-round sales of 15% ethanol blended fuel (E15) in eight Midwest states, as requested in April 2022 by the states’ governors. Congressman Brad Finstad (R-MN), Congresswoman Nikki Budzinski (D-IL), Senator Joni Ernst (R-IA), and …
Treasury Expected to Release SAF Guidance
It is being reported that the Treasury Department may release highly-anticipated guidance on sustainable aviation fuel tax credits, possibly this week. In anticipation of the announcement, Renewable Fuels Association President and CEO Geoff Cooper said this guidance represents a “make-or-break” opportunity for the future of sustainable aviation fuels. “The Treasury guidance will go a long way in determining whether U.S. …
Ethanol Exports Dip in October
U.S. ethanol exports moved three percent lower in October after an up month in September, but still maintained a respectable 117.1 million gallons (mg), according to the latest report from the Renewable Fuels Association. Year-to-date exports, totaling 1.16 billion gallons, are steady with last year at this time. Canada was our largest destination for the 31st consecutive month with exports …
US Ethanol Exports Rebounded in September
U.S. ethanol exports were up 18% in September to 120.5 million gallons (mg), thanks in part to global denatured fuel sales reaching an 18-month high, according to the latest analysis from the Renewable Fuels Association. Canada was our largest destination for the 30th consecutive month with exports of 60.4 mg, accounting for half of total sales despite a 3% decrease …
RFA Urges COP28 to Include Ethanol in Climate Change Fight
As leaders from around the world convene this week in the United Arab Emirates to kick off the 2023 United Nations climate change conference (COP28), the Renewable Fuels Association is calling on U.S. delegates at the event to “prominently highlight the U.S. biofuels industry’s remarkable contributions to the fight against global climate change.” RFA sent a letter to U.S. climate …