In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production fell below 1 million barrels per day last week to the lowest levels since May at 994,000 bpd despite crush margins remaining strong. Although stock levels fell by 261,000 barrels down to 23.5 million barrels, they were still nearly 1.5 million barrels […]
In Washington, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced up to $15 million in federal funding to make clean hydrogen a more available and affordable fuel for electricity generation, industrial decarbonization, and transportation. Specifically, the funding opportunity will support research and development projects that convert feedstocks—such as coal, […]
In Washington, as the deadline to extend the Higher Blends Infrastructure Incentive Program (HBIIP) rapidly approaches, U.S. Senator Joni Ernst (R-Iowa) is demanding certainty for consumers, biofuel producers, and retail store owners by requesting the U.S. Department of Agriculture (USDA) keep the program operational. She partnered with Senator Amy Klobuchar (D-Minn.) and led three of […]
In Washington, the Department of Treasury and Internal Revenue Service issued proposed regulations to provide guidance for the Alternative Fuel Vehicle Refueling Property Credit. The Inflation Reduction Act amended the credit for qualified alternative fuel vehicle refueling property. The changes apply to qualified alternative fuel vehicle refueling property placed in service after Dec. 31, 2022, […]
In Washington, the Energy Futures Initiative Foundation (EFIF), led by Ernest J. Moniz, the 13th U.S. Secretary of Energy, released a new study detailing pathways to further decarbonize ethanol to reach near net-zero carbon intensity by 2035 and negative carbon intensity by 2050. The research found nine currently available and affordable measures, which together could lower […]
In Washington, U.S. Senator Roger Marshall, M.D. introduced the bicameral and bipartisan Farmer First Fuel Incentives Act requiring the Treasury Department to restrict the eligibility of the 45Z Tax Credit to renewable fuels made only from domestically sourced feedstocks and extending the tax credit to make it a full ten-year credit. This bill is co-led with Senator […]
In Washington, Brownfield Ag News reports the Renewable Fuels Association is worried that if former President Trump returns to the White House, he will drop the Inflation Reduction Act and along with it important tax breaks for the biofuels sector such as the 45Z sustainable aviation fuel credit. The RFA is encouraged, however, to see […]
In Washington D.C., the U.S. Department of Energy’s Loan Programs Office announced a $1.56 billion conditional loan guarantee to Wabash Valley Resources, supporting a project in West Terre Haute, Indiana, to produce low-carbon ammonia using petroleum coke as a feedstock. This facility will integrate carbon capture and sequestration technology to permanently store 1.6 million metric […]
In Washington D.C. U.S. Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri met to review the progress of the U.S.-India Strategic Clean Energy Partnership. The partnership seeks to enhance clean energy innovation, strengthen energy security, and accelerate the clean energy transitions in both countries. Key areas of progress […]
In Washington D.C., the U.S. Department of Energy in collaboration with the Department of Agriculture and the Federal Aviation Administration, has announced $12 million in new funding to advance biorefinery technologies and released a progress report on sustainable aviation fuel production. The report, unveiled on September 11, 2024, at the North American SAF Conference, highlights […]
