Rep. Brad Schneider, D-Ill.
October 23, 2024
BY Erin Voegele
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E2 on Oct. 15 released a new analysis on the Inflation Reduction Act’s impact along with a survey of more than 900 businesses that indicates repealing or rolling back the IRA’s provisions would result in losses, layoffs and closures.
The European Biodiesel Board on Oct. 17 obtained a favorable judgement from the Court of Justice, which rejected the appeal filed against the judgment of the General Court delivered on Dec. 14, 2022.
The U.S. Treasury Department and IRS on Oct. 18 issued additional guidance for the 40B SAF tax credit. The new guidance, Notice 2024-74, addresses the use of an updated 40BSAF-GREET 2024 model released by the U.S. Department of Energy in October.
The U.S. Supreme Court on Oct. 21 granted a petition to review the U.S. Court of Appeals for the Fifth Circuit’s November 2023 decision related to the administration of small refinery exemptions (SREs) under the Renewable Fuel Standard.
Vietjet on Oct. 11 fueled two flights with sustainable aviation fuel (SAF) supplied by Petrolimex Aviation. The flights departed from Tan Son Nhat International Airport in Ho Chi Minh City and were destined for Australia and South Korea.