April 22, 2016
BY The Iowa Biodiesel Board
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U.S. Energy Secretary Brooke Rollins reiterated support for E15 and confirmed that release of USDA feedstock guidance related to the 45Z clean fuel production credit is imminent during a June 10 hearing held by the Senate Agriculture Committee.
Compliance credits for biomass-based diesel and ethanol have doubled in value since the start of this year. The credits, known as RINs, have increased in price, mostly because of higher U.S. biofuel blending targets.
U.S. Agriculture Secretary Brooke Rollins on June 4 confirmed that release of the USDA’s feedstock guidelines to inform 45Z clean fuel production credit implementation “is imminent” with release scheduled for “this summer.”
The International Air Transport Association on June 6 announced its analysis shows global SAF production is expected to reach approximately 2.4 million metric tons (792.6 million gallons) this year, accounting for 0.8% of total aviation fuel use.
U.S. Senate Democratic Whip Dick Durbin visited Incobrasa Industries in Gilman, Illinois, on May 29, to meet with representatives from the Illinois Soybean Association, Incobrasa leadership, and Illinois soybean farmers.