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Biofuel groups urge Treasury to issue guidance on 45Z tax credit

U.S. Treasury Secretary Janet Yellen

May 15, 2024

BY Erin Voegele

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UK SAF Mandate signed into law, government launches Jet Zero Taskforce

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By Erin Voegele

16 hours ago

PolicyMarkets

The U.K.’s sustainable aviation fuel (SAF) mandate was signed into law on Nov. 18 and is set to come into force on Jan. 1, 2025. The government has also launched a new Jet Zero Taskforce to revamp efforts to make greener air travel a reality.

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Clean Fuels Alliance America on Nov. 26 thanked Reps. Nikki Budzinski, D-Ill., and Mike Carey, R-Ohio, for urging the IRS “to ensure that taxpayers’ registrations under §45Z Clean Fuel Production Credit are completed before January 1, 2025.”

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Invizyne Technologies Inc., a leading designer of cell-free, enzyme-based biomanufacturing systems, has announced it was awarded a $2 million project to enable enzyme production for cell-free biomanufacturing of SAF.

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Nearly 2.16 billion RINs were generated under the RFS in October, up from 2.13 billion generated during the same month of last year. Total RIN generation for the first 10 months of 2024 reached 20.85 billion.

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Clean Fuels elects governing board members

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By Clean Fuels Alliance America

November 21, 2024

Clean Fuels Alliance America members have elected new governing board members. The new leadership reflects the interests of both large and small companies, biodiesel and renewable diesel producers, as well as soybean growers and renderers.

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