March 29, 2022
BY Intercontinental Exchange Inc.
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More than three dozen members of the U.S. House of Representatives are urging the U.S. Treasury Department to ensure only fuels manufactured from domestically sourced feedstocks qualify for the upcoming 45Z Clean Fuel Production Credit.
The Sustainable Aviation Fuel (SAF) Coalition submitted comments in response to requests for stakeholder comments on energy credits and incentives from the Supply Chain Tax Team of the U.S. House of Representatives’ Committee on Ways and Means.
The U.S. DOE has awarded Small Business Innovation Research and Small Business Technology Transfer Phase II funding to six bioenergy projects, including those focused on low-carbon liquid biofuels for aviation, marine and rail transportation.
The U.S. exported 88,432.8 metric tons of biodiesel and biodiesel blends of B30 and greater in July, according to data released by the USDA FAS on Sept. 4. U.S. biodiesel imports were at 86,483 metric tons for the month.
On Aug. 30, Korean Air began using domestically produced SAF for the first time on flight KE719 from Seoul Incheon to Tokyo Haneda. Korean Air is the first Korean flag carrier to operate commercial flights partially powered by SAF produced in Korea.