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Timing is Everything

Tim Portz

May 21, 2024

BY Tim Portz

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Washington state’s SAF tax credit enters into force

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By Erin Krueger

21 hours ago

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Washington Gov. Bob Ferguson on Nov. 6 announced the state’s sustainable aviation fuel (SAF) industry has reached the 20 MMgy capacity threshold needed to unlock the SAF tax credit established by state lawmakers in 2023.

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Alabama Gov. Kay Ivey and Louisiana Gov. Jeff Landry on Nov. 9 submitted a petition to U.S. EPA Administrator Lee Zeldin seeking a partial waiver of the compliance year 2027 Renewable Fuel Standard renewable volume obligations (RVOs).

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Five startups building for the forest-products industry have been selected for the Alabama Forestry Accelerator, a gBETA program run by national venture capital firm gener8tor. The startups include a pellet producer and gasification company.

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Representatives of the U.S. biofuels industry on Nov. 4 urged the U.S. EPA to follow through with its proposal to reallocate 770 million RINs waived through recent small refinery exemptions (SREs) under the Renewable Fuel Standard.

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