
SOURCE: U.S. Energy Information Administration
February 2, 2024
BY Erin Krueger
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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.
The Ontario government on Dec. 9 announced it will invest $2.25 million through the Forest Biomass Program to help CHAR Technologies commercialize the production of biocoal, a low-carbon fuel made from forest mill byproducts and underused wood.
The USDA on Dec. 8 announced it will make $12 billion available in one time bridge payments to U.S. farmers in response to temporary trade market disruptions and increased production costs. The payments are expected to be released by Feb. 28, 2026.
Clean Fuels Alliance America along with the California Advanced Biofuels Alliance submitted formal comments to the California Air Resources Board following the agency’s recent public forum on biofuels and land use change.