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Nebraska governor signs bill creating SAF tax credit

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By Erin Voegele

17 hours ago

Policy

Nebraska Gov. Jim Pillen on April 24 signed a legislative package that includes a tax credit to support the production of SAF within the state. The tax credit applies to eligible SAF that achieves at least a 50% GHG emissions reduction.

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A coalition of 36 biofuel producers, ag groups, airlines and other SAF stakeholders on April 24 sent a letter to Agriculture Committee leaders in the House and Senate urging them to provide support for SAF in the upcoming Farm Bill.

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EcoEngineers on April 15 announced the expansion of its services in compliance with the Canadian Clean Fuel Regulations. The company has been granted a scope extension by the ANSI National Accreditation Board (ANAB).

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Nearly 1.91 billion RINs were generated under the Renewable Fuel Standard in March, down from 1.92 billion generated during the same month of 2023, according to data released by the U.S. EPA on April 18.

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A joint statement issued by President Joe Biden and Japanese Prime Minster KISHIDA Fumio on April 10 outlines the intentions of the two countries to cooperate on expanding the availability SAF including SAF made from ethanol.

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Ethanol Producer Magazine announced the keynote speakers for the 2024 International Fuel Ethanol Workshop & Expo (FEW) being held June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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The Startup World Cup, the world’s largest startup pitch competition, will select one winner from Pitch Day at the International Fuel Ethanol Workshop & Expo to compete in the Startup World Cup Finale.

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The RFA is urging federal officials to use a 30-year time frame to account for LUC emissions as they work to complete the upcoming 40BSAF-GREET model, which will be used to calculate emissions reductions for the SAF tax credit.

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The U.S. Department of Transportation’s Federal Aviation Administration on April 1 opened a $269 million funding opportunity under its Airport Improvement Program. SAF infrastructure projects are among those eligible for the funding.

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Legislation introduced in the Illinois Senate aims to create a technology-neutral clean fuel standard (CFS) that would reduce the carbon intensity of transportation fuels by 20% by 2038.

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The U.S. EPA on March 21 released updated RIN data, reporting that nearly 2.02 billion RINs were generated under the RFS in February, up from 1.91 billion generated the previous month and 1.76 billion generated in February of last year.

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US farm, biofuel leaders seek certainty on SAF

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By Growth Energy and Renewable Fuels Association

March 21, 2024

A multi-state coalition of biofuel leaders and farm advocates called on President Biden’s Treasury Department to swiftly resolve any questions standing in the way of efforts to scale up U.S. production of SAF.

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There should be no room in the modified GREET model for outdated data.

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World Energy LLC on March 18 announced it has been invited by the U.S. Department of Energy to submit the Part II Application for an approximately $2 billion loan guarantee to support a proposed SAF project.

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President Joe Biden, Agriculture Secretary Tom Vilsack and U.S. EPA Administrator Michael Regan on March 19 recognized National Agriculture Day by honoring the farmers and ranchers who produce our nation’s food, feed, fuel and fiber.

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The Michigan Senate Committee on Energy and Environment on March 14 held a hearing to consider legislation introduced last year that aims to create a tax credit to support the purchase of sustainable aviation fuel (SAF).

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The U.S. Department of Energy on March 15 released the 2023 Billion-Ton Report (BT23), which shows that the U.S. could sustainably triple its production of biomass to more than 1 billion tons per year.

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Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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REEEAC to hold meeting March 21

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By Erin Voegele

March 14, 2024

The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual meeting on March 21.

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Natural Resources Canada on March 8 awarded $15 million to six clean fuel projects, including those focused on renewable natural gas (RNG), sustainable aviation fuel (SAF), and the use of wood biomass to produce renewable energy.

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The U.K. government has opened a public comment period as part of its effort to avoid market manipulation caused by overlapping domestic and international incentives for sustainable aviation fuel (SAF) and other low carbon fuels.

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Agriculture Secretary Tom Vilsack on March 1 announced a short-term delay in the release of the GREET model for sustainable aviation fuel (SAF), citing the need to get calculations for climate-smart agriculture right.

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Ag Secretary Tom Vilsack expressed confidence that the U.S. EPA will issue an emergency waiver to allow E15 to remain available this summer and discussed the USDA’s ongoing efforts with regard to SAF during a Feb. 28 congressional hearing.

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Growth Energy CEO Emily Skor encourages the Biden administration to follow the science, and maintain the Argonne GREET model’s integrity in calculating the 40B sustainable aviation fuel (SAF) tax credit.

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American Coalition for Ethanol CEO Brian Jennings on Feb. 27 sent a letter to members of the Sustainable Aviation Fuels Interagency Working Group regarding the GREET Model for SAF Lifecycle GHG Emissions under Section 40B of the IRA.

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EIA: D4, D6 RIN prices decline 45% from start of year

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By U.S. Energy Information Administration

February 29, 2024

The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years, according to the U.S. Energy Information Administration.

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The government of Singapore has unveiled an action plan that aims to decarbonize the country’s aviation sector. The program will, in part, require flights departing Singapore to be fueled with sustainable aviation fuel (SAF) starting in 2026.

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The U.S. Senate on Feb. 26 confirmed Basil Gooden at USDA Under Secretary for Rural Development. He has served as director of state operations in the USDA Office of Rural Development since July 2021.

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The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.

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The U.S. Department of Energy has announced its intent to issue funding to support research and development (R&D) projects for converting algae and other wet waste feedstocks to low-carbon fuels, chemicals and agricultural products.

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