biofuel News Updates

Government, Business, Technology, Fuel

American Farmers’ Next Hot Commodity Is Canola for Biofuels

A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.

July 22, 2024
Government, Business, Fuel

Biden Faces Frustration From US Farmers Over Biofuel Policy

President Joe Biden’s re-election campaign has had a tough week. Lingering in the background is a boom he touted for American farmers that hasn’t panned out.

July 12, 2024
Government, Business, Technology, Fuel

Coalition Seeks Information on New Biofuel Tax Credit System

A coalition of biofuel proponents and agricultural groups is asking Treasury Secretary Janet Yellen for guidance about a Clean Fuels Production Credit based on carbon intensity scores.

May 17, 2024
Government, Business, Fuel

Suspicious Chinese Frying Oil Hurting US Biofuels Business

China is flooding the U.S. with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly energy.

May 7, 2024
Government, Business, Fuel

ATA, 8 Others Ask EPA to Adjust Biofuel Output Volumes

Renewable fuel production targets are too low to sustain the sector and have resulted in shuttered biofuel companies, a consortium of trade associations stated in a letter to EPA's Michael Regan.

May 3, 2024
Government, Business, Fuel

Biden’s Biofuel Push Risks Dethroning Corn as King of Crops

American farmers will plant more corn than soybeans in 2024 — as they have in most years for over a century. But beyond that, a green diesel boom threatens to dethrone the king of all crops.

March 27, 2024
Government, Business, Technology, Fuel

EPA, DOE Offer $9.4 Million Grant to Develop New Biofuels

A new partnership has been formed between the U.S. Environmental Protection Agency and U.S. Department of Energy to release $9.4 million in grants to develop future advanced biofuels.

March 5, 2024
Government, Business, Fuel

Nevada Lands Renewable Diesel Production, Distribution Hub

Nevada Gov. Joe Lombardo approved $11.7 million in tax abatements for Edgewood Renewables to help it create a biofuel refinery hub that would produce renewable diesel and sustainable aviation fuel.

January 31, 2024
Government, Fuel

Treasury Issues Sustainable Aviation Fuel Tax Credit Rules

The Biden administration released long-awaited guidance on Dec. 15 around tax credits for aviation fuel that reduces emissions of greenhouse gases compared with fuel made from crude oil.

December 18, 2023
Government, Fuel

US Readies Guidance on Sustainable Jet Fuel Tax Policy

The Biden administration as early as Dec. 15 will release policy guidance that will help determine the economic viability of producing lower-emitting jet fuel from corn and other crops.

December 13, 2023