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Aemetis announces support for updated LCFS and encourages CARB adoption

November 6, 2024

BY Aemetis Inc.

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Iowa legislature passes bill to create SAF tax credit

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By Erin Voegele

18 hours ago

Policy 

Iowa state lawmakers in May approved tax legislation that, in part, aims to create a tax credit to incentivize sustainable aviation fuel (SAF) production within the state. The bill is now under consideration by Iowa Gov. Kim Reynolds.

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The Congressional Biofuels Caucus on May 22 launched for the 119th Congress. Caucus members recognize that biofuels are key to American energy independence and advocate for policies that support biofuel producers.

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The U.S. House of Representatives early on May 22 narrowly passed a reconciliation bill that includes provisions updating and extending the 45Z clean fuel production tax credit. The bill, H.R. 1, will now be considered by the U.S. Senate.

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U.S. EPA Administrator Lee Zeldin on May 21 stressed the agency is working “as fast as humanly possible” to finalize a rulemaking setting 2026 RFS RVOs during a hearing held by the U.S. Senate Committee on Environment and Public Works.

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Clean Fuels Alliance America on May 22 delivered a letter to U.S. EPA Administrator Lee Zeldin, urging him to set the 2026 RFS biomass-based diesel volume at no less than 5.25 billion gallons and allow continued growth in the 2027 volumes.

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