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USDA invests in efforts to improve GHG, carbon reduction data

July 12, 2023

BY USDA

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Iowa biodiesel producers to US Treasury: Without safe harbor now, biodiesel supply chain could grind to a halt

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By Iowa Renewable Fuels Association

12 hours ago

PolicyBusiness

Iowa biodiesel producers on Sept. 20submitted a letter urging the U.S. Department of Treasury to take immediate action in issuing safe harbor guidance for the 45Z Clean Fuel Production Credit. according to the IRFA.

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The U.S. EPA has announced that 2.06 billion RINs were generated under the RFS in August, down from 2.07 billion generated during the same month of last year. Total RIN generation for the first eight months of 2024 reached 16.49 billion.

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The U.S. EPA on Sept. 19 released updated SRE data, reporting that two new SRE petitions were filed under the RFS during the past month. A total of 50 SRE petitions are now pending, up from 48 that were pending as of mid-August.

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Brazilian biodiesel production is expected to increase 18% this year, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network on Aug. 31. Consumption is also forecast to be up 18%.

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The RFA has asked the U.S. EPA for an update on the agency’s investigation of certain biofuel feedstock imports and is urging the adoption of more stringent feedstock verification requirements for imported used cooking oil and tallow.

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