
Tim Portz
May 21, 2024
BY Tim Portz
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The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.
The U.S. exported 891,093.3 metric tons of wood pellets in November, up from 814,292.2 metric tons in October and 874,171.2 metric tons in November 2025, according to data released by the USDA Foreign Agricultural Service on Jan. 29.
Arva on Jan. 27 announced the expansion of its biofuels offering to support biofuel producers as they operationalize the 45Z Clean Fuel Production Credit.
The U.K. Department of Transport on Jan. 20 announced plans to offer up to £43 million ($59.53 million) to support green aviation projects, including those focused on clean fuels and zero-emission aircraft.
Drax Group plc on Jan. 26 announced the launch of its Biomass Tracker, a new digital tool that provides greater visibility into the journey our woody biomass takes through the company’s global supply chain.