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 …
2024 Ethanol Exports Set New Record Before Year’s End
A record year for ethanol exports has already been declared, even before the official year-end data has been tabulated. The latest data released Tuesday by the Census Bureau has U.S. ethanol exports for 2024 totaling 1.72 billion gallons just through November, already surpassing the previous annual record of 1.67 billion gallons set in 2018. With one month of data to …
Year End Ethanol Report
2024 was a very good year for the ethanol industry, but the battle for year-round, nationwide E15 will once again continue on into the new year. In this edition of the Ethanol Report podcast, Renewable Fuels Association President and CEO Geoff Cooper comments on some of the top ethanol stories of the year, including the continuing roller coaster ride for …
Poll Shows E15 Support Despite Being Pulled From CR
The celebration by ethanol interests that E15 would finally be allowed nationwide, year-round was short-lived this week as the continuing resolution unveiled on Tuesday was pulled after receiving backlash for additional policy and funding provisions. But the fuel remains highly popular among voters, according to a recent survey. Recent nationwide polling conducted by Morning Consult for the Renewable Fuels Association …
Funding Bill Includes Year-Round, Nationwide E15
The continuing resolution to fund the government into next year contains a provision that may finally succeed in making E15 available year-round in every state, something the ethanol industry has been working toward since it was first approved by the EPA in 2011. “We are very pleased to see that the long-awaited fix allowing year-round E15 is included in this …
Opening Supreme Court Brief Filed on SRE Case
On Monday, the Renewable Fuels Association and Growth Energy filed their opening brief in the U.S. Supreme Court case Environmental Protection Agency v. Calumet Shreveport Refining. The case seeks to overturn an opinion from the U.S. Court of Appeals for the Fifth Circuit regarding the proper venue for adjudicating the U.S. Environmental Protection Agency’s (EPA’s) denials of several petitions for …
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 …
Ethanol Exports Still on Record Pace
U.S. ethanol exports slowed in October but are still on pace to set a record this year. According to the latest update from the Renewable Fuels Association, ethanol exports were 3% lower in October, reflecting significant market fluctuations and a heavy concentration of shipments to two primary destinations. Canada maintained its status as the leading export market for the 43rd …
MN Bio-Fuels Releases 2024 Annual Report
The Minnesota Bio-Fuels Association (MN Bio-Fuels) released its 2024 Annual Report last week at an event which included a keynote speech by Geoff Cooper, President and CEO of the Renewable Fuels Association. “As we look at the potential for record ethanol production and exports in 2024, we salute our farmers and ethanol producers for all their hard work this past …
US Ethanol Industry Supports SE Asia Markets
Representatives of the U.S. ethanol industry recently traveled to Southeast Asia to provide support for the governments of Indonesia and Vietnam as they expand their domestic fuel ethanol policies. Renewable Fuels Association (RFA) Vice President Tad Hepner joined U.S. Grains Council President and CEO Ryan LeGrand and staff based in its Southeast Asia and Oceania regional office for high-level meetings …