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House Ag Committee approves Farm Bill

May 16, 2013

BY Erin Krueger

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Carey introduces bill to reinstate biodiesel tax credit through 2029

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By Erin Krueger

14 hours ago

Advanced Biofuels Policy 

Rep. Mike Carey, R-Iowa, has introduced the Strengthening Economic and Energy Development Act, a bill that aims to reinstate the $1 per gallon 40A biodiesel tax credit through 2029. Taxpayers could claim either the 40A credit or the 45Z credit.

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Roeslein Renewables announced its support for a new national push to secure a central role for American made biofuels in the future of global maritime shipping, following the company’s decision to sign onto a joint letter organized by the ABMI.

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Hydron Energy on April 27 announced the launch of its breakthrough RNG platform project at the Bailey Landfill in Chilliwack, British Columbia, marking a significant milestone in the advancement of cost-effective RNG production.

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U.S. manufacturers produced approximately 900,000 tons of densified biomass fuel in November, according to the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 970,000 tons during the month.

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The government of Queensland, Australia, has announced it will invest $25 million to support a project that will enable renewable diesel production at Ampol’s Lytton oil refinery. The project could expand in the future to include SAF production.

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