March 21, 2023
BY Erin Krueger
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A new economic analysis finds that EPA’s proposal to assign 50% of the RIN credits to imported biofuels and biofuels made from imported feedstocks compared to domestic would strengthen domestic soybean markets.
Orbital Biocarbon, an operator-led infrastructure company building sewage-sludge disposal facilities serving wastewater utilities, announced on Dec. 10 the closing of a strategic investment round that includes a personal investment from Toby Z. Rice.
The U.S. Court of Appeals for the D.C. Circuit on Dec. 8 ordered the U.S. EPA to provide an update regarding the current status of its proposal to set 2026 RFS RVOs. The update must be filed with the court within seven days.
Reps. Sharice Davids, D-Kan.; Mike Flood, R-Neb.; Troy Carter, D-La.; and Tracey Mann, R-Kan., on Dec. 9 introduced legislation that aims to reinstate the 45Z clean fuel production credit premium for SAF and extend the 45Z credit through 2033.
The USDA maintained its outlook for 2025-’26 soybean oil use in biofuel production in its latest WASDE report, released Dec. 9. The estimate for 2024-’25 soybean oil use in biofuel production was revised down.