Biomass Week - April 28, 2021

Supreme Court hears arguments in SRE challenge The U.S. Supreme Court on April 27 heard oral arguments pertaining its pending review of the Tenth Circuit Court of Appeal’s January 2020 ruling on SREs. The arguments largely focused on how to interpret the statute's use of the word "extension." READ MORE SHARE
King, Collins introduced updated BTU Act Sens. Angus King, I-Maine, and Susan Collins, R-Maine, have reintroduced an updated BTU Act, which aims to provide tax credits for commercial and industrial wood heating appliances. It would also extend and increase the existing residential ITC. READ MORE SHARE
	Biden sets goal to cut US GHG emissions in half by 2030 President Biden marked Earth Day on April 22 by announcing a new target for the U.S. to achieve a 50-52 percent reduction in economy-wide net greenhouse gas (GHG) pollution by 2030 when compared to a 2005 baseline. READ MORE SHARE
Drax reports progress with its biomass strategy Drax released a first quarter trading update on April 21, discussing the company’s progress with its biomass strategy, including the acquisition of Pinnacle Renewable Energy, the end of commercial coal generation, and sale of gas generation assets. READ MORE SHARE
Washington legislature passes CFS bill, delivers bill to governor Both chambers of the Washington State Legislature on April 25 voted to approve a bill that will create a state-wide Clean Fuel Standard. Washington Gov. Jay Inslee tweeted a statement in approval later that day and is expected to sign the bill soon. READ MORE SHARE
ENplus to certify 14 million metric tons of pellets in 2021 ENplus has reported another year of stable growth. In 2020, the total production of certified pellets is confirmed to be 12.3 million metric tons, while the amount for the current year is foreseen to surpass 14 million metric tons. READ MORE SHARE
Louisiana Green Fuels proposes 32 MMgy renewable diesel project On April 23, Louisiana Gov. John Bel Edwards and CEO Paul Schubert of Strategic Biofuels LLC announced that the company’s wholly owned subsidiary, Louisiana Green Fuels, plans to develop a 32 MMgy renewable diesel plant. READ MORE SHARE
EPA: RIN generation tops 1.64 billion in March The U.S. EPA has released data showing that more than 1.64 billion renewable identification numbers (RIN) were generated under the Renewable Fuel Standard in March, up from 1.58 billion during the same month of last year. READ MORE SHARE
Valero provides update of renewable fuel projects Valero Energy released first quarter results on April 22, reporting improved results for its ethanol operations and record operating income for its renewable diesel segment. The company also discussed plans for a CCS project at its ethanol plants. READ MORE SHARE
SoCalGas to convert 200 new field service trucks to run on RNG Southern California Gas Co. has announced it will convert 200 new Ford F-250 service pickup trucks to run on renewable natural gas (RNG)—a renewable form of energy produced from a variety of waste streams. READ MORE SHARE