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% …
Continuum Ag Launches Billion Bushel Challenge
With an estimated six billion bushels expected to be used for ethanol production next year, Continuum Ag has set their sights on helping the industry SCORE (Carbon Intensity Score) over a billion bushels in 2024 with the Billion Bushel Challenge to help a million farmers improve their profitability via improved soil health. “This is the start of something very big, …
Clean Fuels Conference Preview
One of the first conferences of 2024 will be the Clean Fuels Conference, February 5-8, in Fort Worth, Texas. The event, hosted by Clean Fuels Alliance America, is where the biodiesel, renewable diesel and sustainable aviation fuel industries will meet to learn the latest on the next generation of low-carbon fuel policies, feedstock development opportunities and decarbonization efforts from leading …
RFA at Farm Broadcasters Meeting
Each year at this time, the National Association of Farm Broadcasting (NAFB) annual convention provides an opportunity for the Renewable Fuels Association to connect with audiences around the country by doing interviews with agricultural reporters. At the event this year were RFA President and CEO Geoff Cooper, VP of Industry Relations Robert White, and Communications Director Ken Colombini, and once …
Ethanol Report on Veterans for Renewable Fuels
The ethanol industry has a lot to celebrate for Veterans Day – including 15 percent of its workforce. The Renewable Fuels Association is honoring its veterans this year by launching “Veterans for Renewable Fuels” (VRF), a new program to recognize and celebrate the contributions of military veterans in the industry and provide them with opportunities to network and support one …
RFA Launches Veterans for Renewable Fuels Project
The Renewable Fuels Association today announced the launch of Veterans for Renewable Fuels, a new initiative for military veterans and immediate family members working in the U.S. ethanol industry to recognize and celebrate the contributions of military veterans and provide them with opportunities to network and support one another. According to the Department of Energy, nearly one out of every …
Biden Announces Rural Investments at Minnesota Farm
President Joe Biden announced new rural investments during a visit to a farm in Minnesota Wednesday. During the visit to Dutch Creek Farms in Northfield, President Biden announced over $5 billion in his Investing in America agenda, including the Inflation Reduction Act, to “advance rural prosperity, economic development, competition, and sustainability.” “We’re investing millions in building a new bioeconomy with …
Biden Team Hitting the Rural Road
President Joe Biden and Secretary of Agriculture Tom Vilsack will travel to Northfield, Minnesota today to visit Dutch Creek Farms and highlight the administration’s investments in rural America and efforts to support local farmers and communities. During the visit, President Biden will announce over $5 billion in new investments from his Investing in America agenda – including the Bipartisan Infrastructure …
Ethanol Report with RFA Chairman Erik Huschitt
The Renewable Fuels Association held its annual membership meeting in Des Moines last month and Erik Huschitt, CEO of Badger State Ethanol, was re-elected as chairman of the organization. Huschitt, of Monroe, Wisc., has been with Badger State since January 2002 and currently serves as president of the Wisconsin BioFuels Association. He also has spent years on the board of …