Tag: Washington

Ethanol stocks jump as demand falls amidst soaring production

Ethanol stocks jump as demand falls amidst soaring production

January 10, 2024 |

In Washington, Brownfield Ag News reports Energy Information Administration data shows that ethanol stocks soared last week to 24.371 million barrels, an increase of 792,000 barrels compared to the week prior, bringing the total to a 38-week high. Rising production that averaged 1.062 million barrels a day, 119,000 more than the same time last year, […]

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Growth Energy files two court petitions for rehearing of SRE case

Growth Energy files two court petitions for rehearing of SRE case

January 10, 2024 |

In Washington, Growth Energy this week filed two petitions for rehearing with the Fifth Circuit Court of Appeals regarding the Court’s 2023 decision on small refinery exemptions (SREs) under the Renewable Fuel Standard (RFS).  The RFS allows small refiners to request exemptions from the program’s fuel blending obligations if they can demonstrate to the U.S. […]

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RFA looks over ethanol’s accomplishments and challenges in 2023

RFA looks over ethanol’s accomplishments and challenges in 2023

December 27, 2023 |

In Washington, as 2023 draws to a close and we prepare to flip the calendar forward to 2024, RFA President and CEO Geoff Cooper sat down with “The Ethanol Report” podcaster Cindy Zimmerman to discuss the renewable fuels industry’s many accomplishments over the past year. In short, 2023 was a fantastic year for the industry, […]

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Treasury and IRS propose guidance for claiming 45V Clean Hydrogen Production Tax Credit

Treasury and IRS propose guidance for claiming 45V Clean Hydrogen Production Tax Credit

December 26, 2023 |

In Washington, with its December 22 Notice of Public Rulemaking (NPRM), Treasury and IRS have proposed guidance for claiming the 45V Clean Hydrogen Production Tax Credit established under last year’s Inflation Reduction Act. The move is part of the administration’s broader efforts to support hydrogen and other technologies that will enable the U.S. to cut […]

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RFA review shows E15 explicity approved in 95% of 2024 cars and light trucks

RFA review shows E15 explicity approved in 95% of 2024 cars and light trucks

December 20, 2023 |

In Washington, Renewable Fuels Association’s annual review of vehicle owner’s manuals and warranty statements indicates that E15 is explicitly approved by the manufacturer for use in approximately 95 percent of model year 2024 cars and light trucks. “RFA has worked diligently with the auto industry for more than a decade to ensure a smooth market transition […]

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Deleware State University lands nearly $300,000 USDA grant for algae research

Deleware State University lands nearly $300,000 USDA grant for algae research

December 18, 2023 |

In Delaware, the U.S. Department of Agriculture recently awarded two DSU researchers a three-year just under $300,000 grant for a project that could leverage the properties of microalgae toward energy and cancer treatment purposes. The technical title of the project is “A Multiple-Stage Cost Effective Smart Farming of Engineered Microalgae for Simultaneous Production of High-Value Molecules […]

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Coalition supports Renewable Natural Gas Incentive Act currently in House committee

Coalition supports Renewable Natural Gas Incentive Act currently in House committee

December 18, 2023 |

In Washington, National Waste & Recycling Association (NWRA) as part of a coalition of associations representing small businesses, clean energy advocates, and local governments, sent a letter to House Financial Services Committee leaders and Senate Finance Committee leaders urging them to move H.R. 2448, the Renewable Natural Gas Incentive Act. The bill would create a […]

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CBO report examines status, federal support and future potential of CCS

CBO report examines status, federal support and future potential of CCS

December 14, 2023 |

In Washington, the Congressional Budget Office examined the status, federal support, and future potential of carbon capture and storage (CCS) in a new report. CCS is used to only a small extent today; various factors will affect the degree to which it is used in the future. Status of Carbon Capture and Storage. Fifteen CCS […]

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Biden Administration set to approve GREET model for SAF tax credits

Biden Administration set to approve GREET model for SAF tax credits

December 14, 2023 |

In Washington, Reuters reports the Treasury Department is set to approve the use of the GREET model for calculating feedstock greenhouse gas emissions this week that would allow corn-based ethanol to qualify as a pathway for proposed tax breaks for Sustainable Aviation Fuel under the Inflation Reduction Act. Sources said the department is expected to […]

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Representatives introduce Renewable Fuel for Ocean-Going Vessels Act into House

Representatives introduce Renewable Fuel for Ocean-Going Vessels Act into House

December 12, 2023 |

In Washington, U.S. Representatives Mariannette Miller-Meeks (IA-01) and John Garamendi (CA-08) introduced the “Renewable Fuel for Ocean-Going Vessels Act,” legislation that would allow companies to preserve RIN credits under the Renewable Fuel Standard (RFS) for renewable fuel used for ocean-going vessels. “Ocean-going cargo ships, tankers, and passenger vessels have a need for low-carbon, low-sulfur biodiesel and renewable diesel which provides […]

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