The U.S. Department of Treasury on Dec. 4 released final rules for the Section 48 Energy Credit—also known as the ITC. The rules clarify what property is qualified biogas property and what is an integral part of qualified biogas property.
ABFA calls for immediate 45Z guidance and extension of blender credits
By Advanced Biofuels Association
December 05, 2024
The ABFA is urging the Biden administration to immediately issue the guidance necessary for the industry to claim the 45Z Clean Fuels Production Credit. The group is also calling on Congress to extend the existing blender credits.
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.
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.”
The American Biogas Council Executive Director Patrick Serfass has congratulated Scott Bessent on his nomination to lead the U.S. Treasury department and Brooke Rollins on her nomination to serve as Secretary of Agriculture.
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.
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.
The U.S. EPA on Nov. 21 released updated small refinery exemption (SRE) data, reporting that one new SRE petition has been filed under the RFS in the past month. According to EPA, 130 SRE petitions are currently pending.
Growth Energy and Clean Fuels Alliance America have filed a new opening brief with the U.S. Court of Appeals for the District of Columbia Circuit challenging the U.S. EPA’s failure to fully account for SREs when issuing RFS RVOs.
On Nov. 20, Senator Jerry Moran, R-Kan., visited a meeting of the Sustainable Aviation Fuel (SAF) Coalition, where he discussed the need for greater legislative efforts to support the production and deployment of SAF in the 119th Congress.
Sen. Debbie Stabenow, D-Mich., chairwoman on the Senate Agriculture, Nutrition and Forestry Committee, on Nov. 18 introduced the Rural Prosperity and Food Act, which is the Senate’s version of the upcoming Farm Bill.
Rep. Randy Feenstra, R-Iowa, and five of his colleagues on the U.S. House Ways and Means Committee on Nov. 18 announced they are seeking additional information from relevant stakeholders on biofuel tax policy. Reponses must be submitted by Dec. 13.
The Biden-Harris administration released a new report, Building a Vibrant Domestic Biomanufacturing Ecosystem, to advance biotechnology and biomanufacturing as part of a broader national bioeconomy implementation plan.
The IRS has issued proposed regulations to implement the energy efficient home improvement credit, as modified by the Inflation Reduction Act of 2022, including provisions of the Section 25 tax credit pertaining to wood stoves.
The American Biogas Council on Nov. 15 issued a statement congratulating Sen. John Thune, R-S.D., on his election as the next Senate Majority Leader, noting he has long advocated on behalf of the U.S. biogas industry.
The USDA on Nov. 14 awarded $256.56 million in loans and grants to more than 1,100 clean energy projects under the Renewable Energy for America Program. A portion of that funding will support biogas and renewable natural gas (RNG) projects.
A group of 36 biofuel, biogas, agriculture, energy and fuel retailer trade groups on Nov. 13 sent a letter to federal lawmakers urging Congress to extend several expiring tax credits during its Lame Duck session.
Clean Fuels Alliance America and nine national and state associations on Nov. 14 wrote to House and Senate leaders requesting a one-year extension of the §40A Biodiesel and Renewable Diesel Tax Incentive.
The U.S. EPA on Nov. 12 delivered a proposed rule to the White House OMB pertaining to the RFS. The title of the proposal indicates the rule would waive a portion of the 2024 cellulosic RVO and offer an extension of the 2024 compliance deadline.
On Nov. 13, U.S. EPA Administrator Michael S. Regan announced the appointment of 18 new members and reappointment of 6 members to the Farm, Ranch, and Rural Communities Federal Advisory Committee.
President-elect Donald Trump on Nov. 11 announced he will nominate Lee Zeldin to serve as administrator of the U.S. EPA. Zeldin previously served as a member of Congress, where he cosponsored legislation to repeal and revise the RFS.
NATSO, representing truck stops and travel centers, and SIGMA: America’s Leading Fuel Marketers, on Nov. 8 urged Congress to take action during the Lame Duck session to extend the $1 per gallon biodiesel blenders’ tax credit.
CARB on Nov. 8 approved updates to its LCFS that aim to reduce the CI of the state’s transportation fuel by 30% by 2030. The updates also alter how a variety of biofuels, including biobased diesel and RNG, participate in the program.
Reps. Mariannette Miller-Meeks, R-Iowa, and Sharice Davids, D-Kan., on Nov. 8 introduced legislation that aims to extend the existing second generation biofuel producer tax credit for an additional year, through 2025.
American Biogas Council Executive Director Patrick Serfass has congratulated President Donald Trump on his re-election and said the ABC looks forward to working with the Trump-Vance Administration to grow the biogas industry.
Aemetis Inc. on Nov. 5 announced strong support for the updated Low Carbon Fuel Standard proposal and strongly urges its adoption by the California Air Resources Board at its meeting on Nov. 8.
The American Fuel & Petrochemicals Manufacturers on Nov. 1 petitioned the U.S. EPA to waive a portion of the compliance year 2024 Renewable Fuel Standard renewable volume obligation (RVO) for cellulosic biofuel.
Missouri Attorney General Andrew Bailey on Nov. 1 sent a letter to the California Air Resources Board demanding the agency rescind proposed changes to its LCFS. CARB is expected to vote to adopt proposed LCFS amendments on Nov. 8.
The California Air Resources board has announced an historic agreement with the nation’s leading passenger and cargo airlines to dramatically accelerate the use of sustainable aviation fuel (SAF) for flights within the state.
The USDA on Oct. 30 awarded $120 million to six fertilizer production projects through its Fertilizer Production Expansion Program. One of the awards will support the development of a biochar project in Port Angeles, Washington.
Advertisement
@ Copyright 2025 - BBI International - All rights reserved.