Candidates for the Republican nomination for Iowa’s Fourth Congressional District will address key issues for the state at the Rural and Renewable Fuels Issue Forum to be held May 30 at the Western Iowa Tech Community College in Cherokee. Candidates U.S. Representative Randy Feenstra and Kevin Virgil have both confirmed their attendance at the event sponsored by the Agribusiness Association …
Groups Urge Treasury to Finalize Clean Fuels Credit
Over two dozen organizations representing all segments of the renewable fuels industry sent a letter to Treasury Secretary Janet Yellen this week urging her to finalize and publish guidance for the §45Z Clean Fuels Production Credit as soon as possible. The credit, which was created in the 2022 Inflation Reduction Act, is designed to incentivize domestic production of low-carbon fuels …
Court Rejects Oil Industry Challenge to RFS
A D.C. Circuit Court ruling on Tuesday upholds EPA’s Renewable Fuel Standards for 2020-2022 and rejects the oil refining industry’s challenges to the rule. The Court found that EPA acted appropriately in setting RFS standards for those years, including a supplemental volume requirement to comply with a 2016 D.C. Circuit Court decision. “Once again, renewable fuel producers claim that EPA’s …
LanzaTech Earnings Soar on SAF
LanzaTech is reporting a six percent increase in revenue the first quarter of this year over 2023, thanks in part to a boost from its sustainable aviation fuel (SAF) investment in LanzaJet. “The robust growth in LanzaJet and the SAF market more broadly mirrors the rising demand for our waste-based ethanol, reflecting the expansion and impact of our commercial project …
March Ethanol and DDGs Exports Hit 2 Year Highs
U.S. exports of both ethanol and the co-product dried distillers grains (DDGS) were higher in March, according to the latest analysis from the Renewable Fuels Association. March U.S. ethanol exports increased 15% to a 23-month high of 159.3 million gallons (mg), with 97% bound for just ten markets. The largest share (30%) transferred to Canada, our top customer for the …
US Ethanol Industry Seeks to Challenge EU SAF Regulation
The Renewable Fuels Association and LanzaJet are among U.S. ethanol interests seeking to intervene in a legal challenge of the European Union’s ReFuelEU Aviation Regulation, which effectively bans the use of renewable, crop-based biofuels like corn ethanol as a feedstock for decarbonizing the aviation sector. LanzaJet operates the world’s first ethanol-to-jet biorefinery in Georgia. Also collaborating in the intervention are …
Ethanol Report on 40B SAF Tax Credit and Beyond
The 40B tax credit guidance and modified GREET model released April 30 by U.S. Treasury lays the groundwork for U.S. ethanol producers and farmers to participate in the emerging market for sustainable aviation fuels (SAF). But since 40B expires at the end of this year, all the attention will now turn to implementing the 45Z credit to start next year, …
Nebraska Kicks Off Renewable Fuels Month
Nebraska Gov. Jim Pillen signed a proclamation Wednesday to officially kick off May as Renewable Fuels Month in the state. The proclamation was made during a ceremony at the State Capitol underscoring the pivotal role that renewable fuels play in the state’s economy, environment and energy security. The governor was joined by representatives from Renewable Fuels Nebraska, the Nebraska Soybean, …
Corn Growers Disappointed in GREET Model Update
National Corn Growers Association (NCGA) farmer leaders are expressing concern about the final guidance on eligibility for the Sustainable Aviation Fuel 40B tax credits released by the Biden administration this week. Specifically, NCGA is concerned with updates made to the Department of Energy’s GREET model, which requires farmers to bundle the use of no-till practices, enhanced efficiency fertilizers and cover …
Farmer Consultant Digs Into SAF Tax Credit Guidance
Iowa farmer and consultant Mitchell Hora, Continuum Ag, spent some time Wednesday morning breaking down the 40B sustainable aviation fuel (SAF) tax credit guidance released this week for farmers hoping to be eligible. To qualify under the guidance, corn farmers have to do cover crop, no-till, and enhanced efficiency fertilizer, while soybean farmers are required to cover crop and no-till. …