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Shining Light on Farm & Food Policy for 20 Years.
Thursday, April 18, 2024
The biofuel industry is eagerly awaiting the Biden administration’s update of a model that will be used to measure the carbon intensity of sustainable aviation feedstocks and determine their eligibility for a valuable new tax incentives. But industry officials caution that the update is only one in several policy actions that will be needed to get SAF production off the ground.
A policy-driven boom in U.S. renewable diesel demand that’s been underpinning much of the farm economy is showing signs of slowing as production exceeds the government’s usage mandates, but industry officials hope a new tax credit and a big new potential market in Canada will help put some sizzle back in the market.
Producers of renewable diesel and biodiesel are facing a “serious headwind” after the Environmental Protection Agency set usage mandates so low that they’re restraining demand for the biofuels, according to Donnell Rehagen, CEO of Clean Fuels Alliance America.
Growth Energy and the Renewable Fuels Association are asking the Fifth Circuit Court of Appeals to rehear a case challenging a November 2023 decision approving six small refinery exemptions from the nation's biofuel mandate.
EPA’s Science Advisory Board is moving toward softening language in a draft commentary that questioned the value of corn ethanol in combating climate change.
Nine Democratic members of Congress – including four from the California delegation – are calling on the Environmental Protection Agency to advance a rule that would allow electric vehicles to be part of the federal Renewable Fuel Standard.
House Republican leaders have been struggling to get the votes to move a partisan fiscal 2024 funding bill for USDA and FDA ahead of the long summer recess, raising fresh doubts about how soon lawmakers can start working on the farm bill this fall.
Renewable diesel isn’t just the hottest biofuel on the market, it also is swiping a significant slice of corn ethanol’s share of the Renewable Fuel Standard, according to EPA.
NeEPA on Wednesday announced Renewable Volume Obligations under the Renewable Fuel Standard for 2023-2025, bumping the overall blending in 2023 but trimming the mandates for 2024 and 2025 from what the agency proposed in December.
