Biofuels News

On June 14, the U.S. Treasury and Internal Revenue Service (IRS) released a package of guidance documents on new options for taxpayers to receive direct payment or transfer new energy incentives enacted in last year’s the Inflation Reduction Act (IRA), including: The guidance package is open to public feedback, with comments due on the two

Last week, legislation was introduced in Michigan creating a new incentive program for the in-state sale and production biodiesel. HB4847, introduced by Representatives John Fitzgerald (D – Wyoming), Kristian Grant (D – Grand Rapids), Jennifer Conlin (D – Ann Arbor), Matt Hall (R – Richland Township), and Reggie Miller (D – Van Buren Township), provides a

Beginning July 1, 2023, $450 million will be available for the Higher Blends Infrastructure Incentive Program (HBIIP). Each quarter, $90 million will be made available to support a variety of fueling operations: The United States Department of Agriculture (USDA) intends to open five application windows for HBIIP between July 1, 2023, and Sept. 30, 2024.

By Erin Voegele A group of 16 senators on June 16 sent a letter to U.S. Treasury Secretary Janet Yellen urging the agency to adopt the U.S. Department of Energy’s GREET model as the secondary methodology for calculating tax credits for sustainable aviation fuel (SAF). According to the senators, adopting GREET will dramatically enhance the

By Erin Voegele The U.S. Department of Transportation’s Federal Aviation Administration has opened a public comment period regarding its intention to request Office of Management and Budget approval for a new information collection related to sustainable aviation fuel (SAF) grant funding included in the Inflation Reduction Act. The IRA was signed by President Biden in August 2022.

As the liquid heating industry continues to decarbonize through ever-increasing blends of biodiesel in fuel, questions have arisen as to the proper way to manage service in the field. NORA consulted service technicians, educators, manufacturers and its own research to identify the most common questions about servicing biofuel powered heating appliances. The results were narrowed

The U.S. EPA released June 21 what is arguably the most consequential administration of U.S. federal biofuel policy in modern history, the agency’s final “set” rule establishing renewable volume obligations (RVOs) for 2023-’25 under the federal Renewable Fuel Standard—the first such final rule after statutory volumes established by Congress in the Energy Independence and Security

WASHINGTON, June 26, 2023 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced on Monday, June 26, 2023, that USDA plans to invest up to $500 million from President Biden’s Inflation Reduction Act to increase the availability of domestic biofuels and give Americans additional cleaner fuel options at the pump. “President Biden’s Inflation Reduction Act

The Environmental Protection Agency (EPA) this morning finalized extremely disappointing Renewable Fuel Standard volumes for 2023, 2024 and 2025. The biomass-based diesel and advanced biofuel volumes are set at roughly one-third what Clean Fuels and industry partners recommended to the agency. For 2023, in particular, the agency did not increase the volumes it proposed despite rapid

By Maggie Striz Calnin, Raquel Garcia and Hanna Campbell The recent Crain’s Detroit Business article, “Metro Detroit air quality improving in some ways, but room to get better” cited the American Lung Association’s 2023 State of the Air report. This report shows that Detroit continues to rank among the most polluted cities in America. We