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New Mexico governor signs clean transportation fuel standard bill

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By Erin Voegele

March 07, 2024

PolicyMarkets

New Mexico Gov. Michelle Lujan Grisham on March 5 signed legislation to establish a technology-neutral clean transportation fuel standard (CTFS) that aims to reduce the carbon intensity (CI) of transportation fuels by at least 30% by 2024.

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The U.S. EPA on March 6 announced plans to hold a public webinar on the biogas regulatory reform rule (BRRR) provisions of the Renewable Fuel Standard program. The webinar is scheduled for April 4 from 1:00 – 4:30 pm EST.

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A coalition representing biofuel producers, farmers and others on March 5 sent a letter to U.S. EPA Administrator Michael Regan urging him to reject a petition filed by CVR Energy Inc. asking the agency to restructure the RFS RIN trading program.

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The U.K. government has opened a public comment period as part of its effort to avoid market manipulation caused by overlapping domestic and international incentives for sustainable aviation fuel (SAF) and other low carbon fuels.

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The Iowa Biodiesel Board, an independent board founded by the Iowa Soybean Association and biodiesel plants, hosted its annual Iowa Biodiesel Day on the Hill on March 5. Participants stressed the importance of comprehensive biodiesel state policies.

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U.S. EPA Administrator Michael Regan on March 1 announced the launch of the agency’s Office of Agriculture and Rural Affairs during an appearance at the 2024 Commodity Classic in Houston, Texas.

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Agriculture Secretary Tom Vilsack on March 1 announced a short-term delay in the release of the GREET model for sustainable aviation fuel (SAF), citing the need to get calculations for climate-smart agriculture right.

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Ag Secretary Tom Vilsack expressed confidence that the U.S. EPA will issue an emergency waiver to allow E15 to remain available this summer and discussed the USDA’s ongoing efforts with regard to SAF during a Feb. 28 congressional hearing.

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EIA: D4, D6 RIN prices decline 45% from start of year

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By U.S. Energy Information Administration

February 29, 2024

The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years, according to the U.S. Energy Information Administration.

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Sens. Sherrod Brown, D-Ohio, and Pete Ricketts, R-Neb., have introduced the Renewable Fuel for Ocean-Going Vessels Act, which aims to ensure that RINs generated for renewable fuel used by ocean-going vessels would be eligible for RFS compliance.

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The government of Singapore has unveiled an action plan that aims to decarbonize the country’s aviation sector. The program will, in part, require flights departing Singapore to be fueled with sustainable aviation fuel (SAF) starting in 2026.

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The U.S. Senate on Feb. 26 confirmed Basil Gooden at USDA Under Secretary for Rural Development. He has served as director of state operations in the USDA Office of Rural Development since July 2021.

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The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.

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The U.S. Department of Energy has announced its intent to issue funding to support research and development (R&D) projects for converting algae and other wet waste feedstocks to low-carbon fuels, chemicals and agricultural products.

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More than 1.89 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, up from 1.76 billion generated during the same month of 2023, according to a data released by the U.S. EPA on Feb. 15.

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The U.S. EPA has published updated SRE data, reporting that 35 SRE petitions are now pending, up from 15 that were pending as of mid-January. No new SRE petitions were filed, but 20 previously denied petitions are being reconsidered by the agency.

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Clean Fuels Alliance America welcomed nearly 850 attendees from over 20 countries to connect with key players from the biodiesel, renewable diesel and sustainable aviation fuel industries at the Clean Fuels Conference in Fort Worth, Texas.

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Forum addresses development of CFS in New York

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By Clean Fuels NY Coalition

February 14, 2024

Clean Fuels NY Coalition, the New York League of Conservation Voters Education Fund, Delta Air Lines, and the New York Corn and Soybean Growers Association Hosted an informational forum New York about a Clean Fuel Standard.

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On Feb. 5, at the Louisiana Mid-Continent Oil and Gas Association’s annual conference, Louisiana Gov. Jeff Landry announced a $100 million bond allocation for the expansion project at Chevron’s Geismar renewable diesel plant.

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Record $3.4 million in quarterly biofuels grants will expand E15, biodiesel availability

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By Iowa Department of Agriculture and Land Stewardship

February 12, 2024

The Iowa Renewable Fuels Infrastructure Program (RFIP) Board approved 74 project applications totaling more than $3.4 million in cost-share funding for Iowa fuel retailers during its most recent quarterly board meeting.

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In order for Minnesota to achieve its greenhouse gas (GHG) emission reduction goals, biofuels must be included in a fuel- and technology-neutral clean transportation standard (CTS), according to the Minnesota Bio-Fuels Association.

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Legislation currently pending in Washington state aims to require airport operators to make a minimum 10% blend of sustainable aviation fuel (SAF) available to private jets owned by individuals or businesses once certain conditions are met.

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Nevada Gov. Joe Lombardo and the Nevada Governor’s Office of Economic Development on Jan. 25 approved $11.72 million in tax abatements for a 120 MMgy renewable diesel and SAF project under development by Edgewood Renewables LLC.

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Legislation introduced in the New Jersey Senate on Jan. 29 aims to establish a low-carbon transportation fuel standard (LCTFS) that would reduce the average carbon intensity (CI) of gasoline and diesel by 10% below a 2019 baseline by 2030.

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Two small refineries owned by CVR Energy Inc. are asking the U.S. EPA to initiate a rulemaking to restructure its renewable identification number (RIN) trading program under the Renewable Fuel Standard to limit the parties who can participate.

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Biomass Magazine has announced the general session speakers for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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SAF Magazine, in collaboration with CAAFI, has announced the addition of an extra day to the 2024 North American SAF Conference & Expo. The event will now take place Sept. 11-13, 2024, in St. Paul, Minnesota, at the St. Paul RiverCentre.

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Sens. Jerry Moran, R-Kan.; Amy Klobuchar, D-Minn.; Joni Ernst, R-Iowa; Tammy Duckworth, D-Ill.; and Chuck Grassley, R-Iowa, on Jan. 22 introduced the Farm to Fly Act, a bill that aims to accelerate the production and development of SAF.

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The U.S. EPA’s 2023 RFS data shows that U.S. production of biomass-based diesel – including biodiesel, renewable diesel, SAF, and heating oil – reached 4 billion gallons in 2023, according to Clean Fuels Alliance America.

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The U.S. EPA published updated renewable identification number (RIN) data on Jan. 18, reporting that nearly 23.75 billion RINs were generated under the Renewable Fuel Standard in 2023, up from 21.35 billion RINs generated in 2022.

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