U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20 per cent of the value of the credit for biofuels made from feedstocks produced outside of the United States.
Tag Archives Biofuels
U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks
US oil, biofuel group recommends 5.25 billion gallons in biomass diesel mandates, sources say
A U.S. and biofuel coalition recommended that the Environmental Protection Agency propose federal mandates for biomass diesel blending for 2026 at 5.25 billion gallons, which would be a significant increase from previous mandates, two sources familiar with the matter said.
North American biofuels sector contracts amid trade and policy uncertainty
U.S. and Canadian biofuel companies are throttling back production to limit losses amid uncertainty over U.S. President Donald Trump's approach to green fuel subsidies and the potential for a worsening trade war.
US oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates
U.S. oil and biofuel groups banded together this week to urge the new Trump administration to increase volumes of renewable fuels that must be blended into the nation's fuel mix in 2026 and beyond, according to a letter seen by Reuters.
US issues partial guidance on clean fuel subsidies, chafing ethanol makers
U.S. biofuels groups are eager for clarity on the tax credits for fuels that combat climate change, which they hope will ultimately provide a pathway for corn-based ethanol to expand its market as a feedstock for sustainable aviation fuel.
U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says
Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).
Sustainable aviation fuel won’t short food supply, manufacturers say
MARKETS Manufacturers of sustainable aviation fuel say the increase in light duty electric vehicles has created an ethanol surplus
Glacier FarmMedia – Sustainable aviation fuel manufacturers say they won’t compromise food supplies despite consuming large volumes of agricultural products. The U.S. government has established goals of scaling up SAF production to three billion gallons by 2030 and 35 billion gallons by 2050. Most of that fuel is expected to be made using agricultural feedstocks,
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
Province backs sustainable aviation fuel plan
Plan includes plant in Portage la Prairie
The province is providing new funding to lay the groundwork for a sustainable aviation fuel (SAF) plant in the RM of Portage la Prairie. On Dec. 19, the provincial and federal governments announced a $2.9-million agreement between the Government of Manitoba and biofuel company Azure Sustainable Fuels Corp. Funds will be provided through the Sustainable
Carbon intensity is ‘game changer’
To stay competitive, canola will have to improve its score
Glacier FarmMedia – Bob Larocque had one takeaway from his presentation at Canola Week 2023. “Remember carbon intensity because that’s the game changer,” said the president of the Canadian Fuels Association. That factor will help determine the value of canola when large volumes of the crop are being consumed by the renewable diesel sector. His
Cyber-Savvy Farmer
