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 …
Clean Fuels Ready to Fly Under New SAF Guidance
Clean Fuels Alliance America is pleased with guidance from the U.S. Department of the Treasury and Internal Revenue Service (IRS) for the Sustainable Aviation Fuel (SAF) Credit established by the Inflation Reduction Act (IRA). The guidance enables companies currently producing SAF under the Renewable Fuel Standard (RFS) to access the base value of the tax incentive while it defers allowing …
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% …
Dates for 2024 ACE DC Fly-in Set for March
The American Coalition for Ethanol (ACE) has announced its 13th annual DC Fly-in and Government Affairs Summit will take place March 14-15, 2024, assuming Congress will be in session on those dates. Building off this past spring’s successful return to Capitol Hill, ACE is eager to continue hosting one of the industry’s longest-running and successful fly-ins for biofuels advocates. “We …
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 …
Renewable Fuel for Ocean Vessels Bill Introduced
Legislation introduced recently by U.S. Representatives Mariannette Miller-Meeks (R-IA) and John Garamendi (D-CA) would allow companies to preserve RIN credits under the Renewable Fuel Standard (RFS) for renewable fuel used for ocean-going vessels. “Ocean-going cargo ships, tankers, and passenger vessels have a need for low-carbon, low-sulfur biodiesel and renewable diesel which provides an additional market for biofuels,” said Miller-Meeks. “This …
ASTM International Honors Clean Fuels’ Fenwick
Clean Fuels Alliance America is proud to announce that Scott Fenwick, Technical Director, has been awarded the prestigious Sydney D. Andrews Scroll of Achievement by ASTM International in recognition of his contributions to the committee responsible for the standards on petroleum products, liquid fuels and lubricants (D02). ASTM, the globally recognized leader responsible for standardizations used around the world, presents …
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 …