March 9, 2022
BY Iowa Renewable Fuels Association
Advertisement
Advertisement
The White House OMB on June 11 concluded its review of two RFS rulemakings, including a proposed rule to set new renewable volume obligations (RVOs) and a final rule for a partial waiver of the 2024 cellulosic RVO.
U.S. Treasury Secretary Scott Bessent on June 12 committed to implementing upcoming changes to the 45Z clean fuel production credit “in the most robust way” and ensuring foreign actors do not have a backdoor into the program.
The U.S. EIA reduced its 2025 and 2026 production forecasts for a category of biofuels that includes SAF in its latest Short-Term Energy Outlook, released June 10. The forecast for 2025 renewable diesel production was also revised down.
More than a dozen trade groups representing U.S. fuel producers on June 6 wrote to leaders of the U.S. Senate urging them to amend the “One Big, Beautiful Bill” text to clarify the qualified sales provisions of the 45Z clean fuel production credit.
The U.S. exported 21,545.9 metric tons of biodiesel and biodiesel blends of B30 and greater in April, according to data released by the USDA Foreign Agricultural Service on June 4. U.S. imports of biodiesel were at 4,417.3 metric tons for the month.