The biofuels industry has been waiting for the 45Z Clean Fuel Production Credit for a long time now, and the wait is likely to get even longer with a new administration taking over. Will the Biden Administration try to rush rules out before the inauguration? Will Congress extend the tax credits 45Z was supposed to replace before the end of …
Congress Urged to Extend Biodiesel Tax Credit
Clean Fuels Alliance America joined soybean growers and oilseed processors in a letter sent last week to House and Senate leaders requesting a one-year extension of the current Biodiesel and Renewable Diesel Tax Incentive, which was supposed to be replaced by the new §45Z Clean Fuel Production Credit by the end of this year. Lacking guidance from the U.S. Treasury, …
RFA Watching Trump Administration Choices
President-elect Donald Trump continues to announce choices for administration positions at record speed and the Renewable Fuels Association is generally pleased so far. “We’re excited about the opportunity to sit down with the new leadership in the incoming Trump administration, to make our case and remind them of why ethanol should be part of their energy strategy and and energy …
EPA Adds to Farm, Ranch and Rural Advisory Committee
Environmental Protection Agency Administrator Michael Regan this week announced the appointment of 18 new members and reappointment of six members to the agency’s Farm, Ranch, and Rural Communities Federal Advisory Committee, which provides independent policy advice and recommendations on issues affecting agriculture and rural communities. Among the new members from the biofuels sector are Alan Weber, Biodiesel Coalition of Missouri, …
NAFB Panel Explores Renewable Fuels Future
Leaders from the renewable fuels industry took questions at the National Association of Farm Broadcasting Convention in Kansas City on Wednesday about what the future looks like for them now with a new administration and a new Congress. Moderator Mark Dorenkamp of Brownfield led the panel with Renewable Fuels Association President and CEO Geoff Cooper, National Corn Growers Association CEO …
Veterans for Renewable Fuels Invite VP Vance to Visit
On Veterans Day, the Veterans for Renewable Fuels (VRF) congratulated Marine Corps vet and Vice President-elect JD Vance on his victory and invited him to pay them a visit to learn more about the ethanol industry’s policy priorities that support the goal of U.S. energy security. In a letter to the newly-elected vice president, VRF Co-Chairs Jeff Oestmann and Tony …
CARB Passes Amendments to California LCFS
Most of the rest of the country was asleep Friday night when the California Air Resources Board (CARB) wrapped up a 12 hour public meeting at midnight local time on amendments to the state’s Low Carbon Fuel Standard (LCFS). The updates include increasing the target to reduce carbon emissions of transportation fuels 30%, instead of 20, by the year 2030, …
Biofuel Tax Credit Extension Introduced
Ethanol champion Rep. Mariannette Miller-Meeks (R-IA) held on to her seat in Congress in a close race last week, and after declaring victory she immediately joined Sharice Davids (D-KS) in introducing legislation to extend the Second Generation Biofuel Producer Tax Credit for an additional year. “Cellulosic biofuel producers have been anxiously awaiting guidance from the Treasury Department on the new …
Ethanol Report Election Analysis
The Renewable Fuels Association was pleased to congratulate Donald Trump on his victory in the 2024 presidential election, and especially happy to see many ethanol champions retain their seats in Congress. In this edition of the Ethanol Report podcast, RFA President and CEO Geoff Cooper says he is looking forward to working with the Trump 2.0 administration and the new …
Minnesota Chosen as Site for New SAF Plant
DG Fuels recently announced Moorhead, Minnesota as the site for a $5 billion manufacturing facility that will produce 193 million gallons per year of low-carbon aviation fuel (SAF) using agricultural and wood waste as feedstock. This news is a notable milestone for the MN SAF Hub and is the most significant commitment towards commercial-scale SAF production in the state. The …