On January 1, 2025, the 45Z Clean Fuels Production Credit went into effect. The law moves the federal one-dollar-per-gallon biodiesel tax credit from a blenders tax credit to a variable-price producers credit based on the carbon intensity (CI) score of the feedstock used to produce the fuel. Unfortunately, the Department of the Treasury has not
In December, the Michigan Soybean Committee hosted the inaugural meeting of a new trade-focused group called the Great Lakes Alliance for Sustainable Shipping (GLASS). The original idea for the new group and conference came from Michigan soybean farmers. However, the intent is to focus on a broader range of issues beyond infrastructure and services for
Michigan Soybean Committee Starts New Alliance to Expand Great Lakes Shipping Read More »
On March 6, 2025, Clean Fuels Alliance America and other groups representing agriculture and maritime fleets thanked Senate and House champions for introducing the bipartisan Renewable Fuel for Ocean-Going Vessels Act. Sens. Pete Ricketts (R-NE) and Amy Klobuchar (D-MN) sponsored the legislation in the Senate. Reps. Mariannette Miller-Meeks (R-IA), John Garamendi (D-CA) and six others
Biodiesel producers could be affected the most by new small refinery exemptions pending at the Environmental Protection Agency, based on an analysis of the extensive waiver action that took place under the previous Trump administration. The number of petitions for exemptions from the Renewable Fuel Standard has “risen dramatically in recent months,” with 139 pending
RFS Refinery Exemptions Could Hit Biodiesel Industry the Hardest Read More »
Whether you realize it or not, biodiesel is being used to harvest crops, bring students to school and transport lunch to the school cafeteria. Fueling these modes of transportation is none other than the coveted soybean. In hopes of a greener future, farmers are not only trying to lower their intensity score, but companies like
Farmers Reduce Carbon Footprint from Field to School Read More »
The USDA on February 27, 2025, released its Grains and Oilseed Outlook for 2025, predicting a modest increase for 2025-2026 soybean production. Soybean oil prices are projected down slightly, and soybean oil use for biofuels is expected to increase. U.S. soybean suppliers are expected to increase less than 1% in 2025-2026 on higher beginning stocks
USDA Predicts Soybean Oil Use For Biofuel Production Will Increase In 2025, 2026 Read More »
The U.S. Energy Information Administration maintained its forecasts for 2025 and 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Feb. 11. The production outlook for other biofuels, including sustainable aviation fuel (SAF), was also maintained. The EIA maintained its forecasts that renewable diesel production will average 230,000 barrels per day in 2025
EIA Maintains Forecasts for 2025, 2026 Renewable Diesel and SAF Production Read More »
On January 10, 2025, Treasury and IRS issued a notice of intent to propose rules on the 45Z Clean Fuel Production Credit, along with the table of carbon intensity scores and credit calculations. On January 30, 2025, the IRS published the 45Z Clean Fuel Production Credit notices 2025-10 and 2025-11 in the Internal Revenue Bulletin. Treasury is requesting comments on the notices
The Great Lakes Alliance for Sustainable Shipping (GLASS), a volunteer coalition focused on increasing sustainable shipping across the Great Lakes, is aligning priorities over the next year to help boost sustainability and increase biofuel demand. The Michigan Soybean Committee (MSC) launched the program after more than two years of work to engage and bring together partners.
Great Lakes Alliance for Sustainable Shipping Shares Goals Read More »
A farmdoc daily article last week (February 5, 2025) examined the possible impact of reductions in the conventional mandate under the U.S. Renewable Fuel Standard (RFS) on the demand for ethanol in the physical market. A previous episode with small refinery exemptions (SREs) in the first Trump Administration provides an important test case. Specifically, the aggregate blend
Biomass-Based Diesel Demand Destruction 2.0? Read More »