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Senate bill introduced to extend, reform US biodiesel tax credit

April 30, 2017

BY Ron Kotrba

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European Parliament rejects proposal to classify soybean oil as high ILUC risk

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By Erin Krueger

2 hours ago

Feedstocks Policy Markets 

The European Parliament on July 8 voted to reject a proposed EU regulation that would have phased out the use of soybean oil as a biofuel feedstock by 2030. Representatives of the EU’s biobased diesel industry applauded the decision.

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USDA’s is scheduled to publish a final rule in Federal Register on July 9 altering the Section 9003 loan guarantee program to bar any borrower or guarantor from remaining involved in a project if it results in a monetary loss to the agency.

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President Donald Trump on June 29 signed a proclamation temporarily suspending countervailing duties (CVDs) on certain phosphate fertilizer imports, providing immediate relief to American farmers.

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A regulatory agenda released by the White House Office of Management and Budget on July 3 indicates the U.S. Department of the Treasury currently plans to issue final 45Z clean fuel production credit regulations in November 2026.

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A new nationwide poll of more than 2,000 registered voters found a strong majority of Americans support the Renewable Fuel Standard and believe renewable fuel play a key role in enhancing national energy security.

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