The second part of a study looking at potential impacts if Iowa prevents carbon capture and sequestration (CCS) projects was released this week by Decision Innovation Solutions (DIS) and the Iowa Renewable Fuels Association (IRFA), finding that farm income could drop by more than $1 billion annually. DIS concluded: “Ethanol production in the state of Iowa has brought tens of …
Rabobank Analyst Sees Potential in SAF
The sky seems to be the limit for the future of sustainable aviation fuel (SAF) and can be a real opportunity for farmers, according to RaboResearch Senior Grains & Oilseeds Analyst Owen Wagner. Wagner was at Commodity Classic last week talking about how sustainable aviation fuel fits into the landscape for commodity demand. “This (SAF) is not just for vegetable …
Secretary Vilsack Excited About SAF
Secretary of Agriculture Tom Vilsack addressed the Commodity Classic for the 10th time last week with the theme of new opportunities and markets for farmers and one he is excited about it sustainable aviation fuel (SAF). “I get electric cars, you know, you drive them and if the charge runs out, you pull off the side of the road, pick …
#RFANEC Explores New Congress Opportunities
There are almost 100 new Members in the 118th Congress this year, which provides obvious challenges for biofuels interests, but also some opportunities. At the 2023 National Ethanol Conference, D.C. insiders provided an outlook for the new Congress and discussed the potential for legislation focused on transportation fuels during the New Congress, New Opportunities panel moderated by Troy Bredenkamp, Senior …
Ethanol Conference Teeing Off to Great Forecast
The weather in Orlando this week is in the 80s and the forecast for a great Renewable Fuels Association National Ethanol Conference is even better. “We have over 750 registered and a full golf outing today, so it’s going to be a good time and also a very informative time,” said Troy Bredenkamp, RFA Senior VP, Government & Public Affairs. …
Biofuels Caucus Re-Launches for the 118th Congress
The Congressional Biofuels Caucus has officially been relaunched for the 118th Congress. Reps. Dusty Johnson (R-SD), Adrian Smith (R-NE), Angie Craig (D-MN), and Mark Pocan (D-WI) serve as co-chairs for the caucus which keeps Members of Congress and their staff informed on developments in the biofuels industry, and works with stakeholders to ensure policy reflects the role biofuels play in …
RFA Testifies at Low Carbon, Clean Fuels Hearing
The Senate Environment and Public Works (EPW) Committee held a hearing Wednesday on “The Future of Low Carbon Transportation Fuels and Considerations for a National Clean Fuels Program.” Renewable Fuels Association President and CEO Geoff Cooper testified at the hearing, stressing that implementing a national clean fuel program that incorporates a market-based, technology-neutral approach will be critical to decarbonizing the …
Yield10 Bioscience Offers 2023 Camelina Production Contracts
a href=”http://agwired.com/wp-content/uploads/2023/02/y-10.png”>Yield10 Bioscience has announced its 2023 enrollment program for contract production of Camelina in targeted areas of the United States and Canada. Contracts are being offered for both spring and winter varieties of Camelina to farmers in Western Canada (Alberta, Saskatchewan and Manitoba), and Northern U.S. states of Montana, North Dakota, South Dakota, Idaho and Minnesota. In 2023, Yield10 …
Biofuels Groups Submit Final RFS Proposal Comments
Biofuels stakeholder organizations have submitted final comments on the proposed Renewable Fuel Standards for 2023, 2024, and 2025 to the Environmental Protection Agency prior to the deadline on February 10. The Renewable Fuels Association said the proposed renewable volume obligations for 2023-2025 will bolster the Renewable Fuel Standard and provide for sustainable growth in low-carbon renewable liquid fuels. “Moving forward, …
Illinois Passes Sustainable Aviation Fuel Tax Credit
Illinois Governor JB Pritzker signed a package of tax and revenue changes for the state which includes the sustainable aviation fuel (SAF) purchasers credit. The bill creates a $1.50 per U.S. gallon SAF tax credit airlines can use to satisfy all or part of their state use tax liabilities. Illinois Soybean Growers (ISG) Vice Chairman Ron Kindred says the credit …