The U.S. Court of International Trade made the decision this week to uphold the U.S. Department of Commerce’s final determination in its changed circumstances review (CCR) of duties on imports of Argentine biodiesel. The National Biodiesel Board (NBB) welcomed the decision. “NBB’s Fair Trade Coalition and members are grateful that the Department of Commerce stood by U.S. biodiesel producers and …
NBB Renews Request to Meet with EPA Administrator
The National Biodiesel Board sent a second request to EPA Administrator Michael Regan last week asking for a meeting to discuss the findings of a new study on the potential health benefits of using biodiesel as a transportation fuel. NBB previously requested a meeting with Regan in May. The study from Trinity Consultants quantifies at a community level the public …
Sustainable Aviation Fuels Plan Flaw Could Hurt Farmers
In the rush to get as much spending in the massive Build Back Better bill as possible, Congressional Democrats created a new tax credit for sustainable aviation fuel (SAF) starting at $1.25 a gallon and increasing based on the carbon content of the biofuel, but the plan could favor foreign imports over American farmers and biofuel producers in its current …
Biodiesel Tax Credit Extension in Build Back Better Bill
The National Biodiesel Board is pleased the House Ways & Means Committee include a proposed extension through 2031 of the biodiesel and renewable diesel blenders tax credit in the Build Back Better Act. “Biodiesel and renewable diesel are clean, low-carbon fuels that are widely available today to achieve the carbon reductions Congress is seeking. These fuels are 74% less carbon …
Biofuel Infrastructure in Build Back Better Bill
Biodiesel and ethanol producer organizations are pleased that both the House and Senate Agriculture Committees have included infrastructure funding for higher ethanol blends into their drafts for the Build Back Better Act budget reconciliation package. Specifically, the new bill language provides for $960 million to install, retrofit, or otherwise upgrade fuel dispensers or pumps and related equipment, storage tank system …
USDA Projects Higher Corn and Soybean Production
Corn and soybean production are both forecast to be higher this year compared to 2020, according to the latest Crop Production report issued Friday by USDA’s National Agricultural Statistics Service (NASS). According to the report, corn production is up 6% from last year, forecast at 15.0 billion bushels while soybean growers are expected to increase their production 6% from 2020. …
Vilsack Announces Renewable Energy Investments
Agriculture Secretary Tom Vilsack announced Thursday that USDA is investing $464 million to build or improve renewable energy infrastructure and to help rural communities, agricultural producers and businesses lower energy costs in 48 states and Puerto Rico. USDA is financing $129 million of these investments through the Rural Energy for America Program and $335 million through the Electric Loan Program. …
Billion for Biofuels in Build Back Better Bill
The initial draft of the U.S. House Build Back Better Act includes a billion dollars for biofuels infrastructure to support expanded availability and use of renewable fuels, according to Rep. Cindy Axne (D-IA) who worked to secure the funding. “This is a great day for our rural communities, our agricultural economy, our planet, and for hundreds of thousands of Americans …
Groups Oppose Motion to Remand SREs without Vacatur
Six biofuel-supporting organizations filed a motion this week opposing the Environmental Protection Agency (EPA) motion to “remand but not vacate the 31 small refinery exemptions (SREs) the Trump Administration granted in August 2019.” The Renewable Fuels Association, Growth Energy, National Corn Growers Association, National Biodiesel Board, American Coalition for Ethanol, and National Farmers Union as a coalition are currently challenging …
#FPS21 Features Congressional Biofuels Summit
Six Republican members of Congress from Illinois, Iowa and Indiana held a Biofuels Summit at the Farm Progress Show on Wednesday to discuss the importance of ethanol and biodiesel to the region and the challenges being faced by the biofuels industry. House Biofuels Caucus Co-chair Congressman Rodney Davis (R-IL) was joined by Mike Bost (R-IL), Darin LaHood (R-IL), Randy Feenstra …