January 11, 2024
BY Erin Krueger
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Renewables are expected to account for 26% of U.S. electricity generation this year, increasing to nearly 28% next year, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released July 7.
The European Parliament on July 8 voted to reject a proposed EU regulation that would have phased out the use of soybean oil as a biofuel feedstock by 2030. Representatives of the EU’s biobased diesel industry applauded the decision.
USDA’s is scheduled to publish a final rule in Federal Register on July 9 altering the Section 9003 loan guarantee program to bar any borrower or guarantor from remaining involved in a project if it results in a monetary loss to the agency.
President Donald Trump on June 29 signed a proclamation temporarily suspending countervailing duties (CVDs) on certain phosphate fertilizer imports, providing immediate relief to American farmers.
A regulatory agenda released by the White House Office of Management and Budget on July 3 indicates the U.S. Department of the Treasury currently plans to issue final 45Z clean fuel production credit regulations in November 2026.