SOURCE: U.S. Department of Energy
December 6, 2024
BY U.S. Department of Energy
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The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Dec. 10. The estimate for 2023-’24 soybean use in biofuel was revised down.
The USDA on Dec. 6 delivered an interim final rule setting technical guidelines for climate-smart agriculture crops used as biofuel feedstocks to the White House OMB. OMB review marks a final step before a rule is promulgated.
The U.S. EPA on Dec. 5 issued a proposed rule to partially waive the compliance year 2024 RVO for cellulosic biofuel. The rulemaking also proposes to extend the 2024 RFS compliance deadline and revise certain RFS biogas regulations.
California Senate Minority Leader Brian Jones, R-San Deigo, on Dec. 2 introduced a bill that aims to repeal the Low Carbon Fuel Standard regulations approved by the California Air Resources Board on Nov. 8.
The ABFA is urging the Biden administration to immediately issue the guidance necessary for the industry to claim the 45Z Clean Fuels Production Credit. The group is also calling on Congress to extend the existing blender credits.