Clean fuels producers, soybean growers, and oilseed processors were pleased to see the U.S. Treasury Department’s notice of intent to propose regulation on the Clean Fuel Production Credit (45Z) released on Friday addressed the issue of imported used cooking oil being used to qualify for the credit. However, they are disappointed in the lack of guidance for farmers to utilize …
Treasury Releases 45Z Tax Credit Guidance
Now that the Clean Fuels Production Credit has been in effect for ten days, the U.S. Treasury Department has finally dropped its proposed guidance for 45Z, which will now have a 90-day comment period. The guidance includes both a notice of intent to propose regulations on the section 45Z credit and a notice providing the annual emissions rate table for …
Bayer Acquires Camelina Assets to Advance Biofuels
Following an announcement yesterday on investing in winter canola as a biomass-based feedstock, Bayer today announced a deal with Canada-based Smart Earth Camelina Corp. to acquire camelina germplasm, intellectual property, and materials to expand its global leadership position in biomass-based feedstock markets. This acquisition underlines Bayer’s goal to help decarbonize the transportation sector and to deliver regenerative agriculture solutions through …
Bayer and Neste to Develop Feedstocks for Renewable Fuels
Bayer has signed a memorandum of understanding (MOU) with Neste, a leading producer of sustainable aviation fuel and renewable diesel, to jointly scale winter canola as a biomass-based feedstock for renewable products like biofuels. The companies intend to develop a winter canola ecosystem in the Southern Great Plains of the US, including product development and additional collaborations to enable Bayer …
Ethanol Groups Provide 45Z Tax Credit Input
In response to a request from the House Ways and Means Committee, ethanol groups last week provided input on the 45Z Clean Fuel Production Tax Credit, which was authorized under the Inflation Reduction Act and is scheduled to go into effect next year. Renewable Fuels Association President and CEO Geoff Cooper told the committee that, with the right implementation, 45Z …
Summit Carbon Wins Permits in MN and ND
Summit Carbon Solutions announced permits granted in Minnesota and North Dakota on Thursday. The Minnesota Public Utilities Commission (PUC) granted a permit for the company’s 28-mile pipeline route through Otter Tail and Wilkin Counties. In North Dakota, the company received three Class VI sequestration permits from the North Dakota Industrial Commission (NDIC), marking a critical step forward in the Midwest …
Clean Fuels Alliance Ready to Accelerate
“Accelerate” is the theme for the 2025 Clean Fuels Conference, Jan. 20-23 at the Hilton San Diego Bayfront Hotel in San Diego, California. Clean Fuels Alliance America CEO Donnell Rehagen says the meeting theme refers to the rapid growth and transformative progress of the biodiesel, renewable diesel, and sustainable aviation fuel industries. “With the clean fuels industry accelerating at an …
Clean Fuels Elects Governing Board Members
Clean Fuels Alliance America members met in Washington D.C. last week to elect new Governing Board members that reflect the interests of both large and small companies, biodiesel and renewable diesel producers, as well as soybean growers and renderers. The board appointed Kent Engelbrecht to serve as Chair, Rob Shaffer as Vice-Chair, Courtney Lawrenson as Second Vice-Chair, Ryan Pederson as …
Sen. Moran Meets With SAF Coalition
Senator Jerry Moran (R-KS) visited with members of the Sustainable Aviation Fuel (SAF) Coalition in Washington D.C. this week, where he discussed the need for greater legislative efforts to support the production and deployment of SAF in the 119th Congress. “Sustainable aviation fuel is a practical and smart way to fuel our airplanes,” said Senator Jerry Moran. “SAF offers a …
Implementation Plan for SAF Challenge Released
The U.S. Departments of Energy, Transportation, and Agriculture have released the Implementation Framework for the Sustainable Aviation Fuel (SAF) Grand Challenge Roadmap. The SAF Grand Challenge was launched in 2021 as a government-wide strategy for identifying new technologies to produce SAF on a commercial scale with the overall goal to produce three billion gallons per year of domestic SAF by …