October 21, 2024
BY Erin Voegele
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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.
More than 1.99 billion RINs were generated under the RFS in September, up from 1.96 billion generated during the same month of last year. Total RIN generation for the first nine months of the year reached 18.58 billion
The U.S. EPA on Oct. 17 released updated SRE data, reporting that 129 SRE petitions are now pending under the RFS, up from 50 as of mid-September. No new petitions were filed, but nearly 80 previously denied petitions are being reevaluated.
NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores, are applauding Rep. Mike Carey, R-Ohio, for urging his colleagues to support H.R. 9060.
The USDA’s Rural Business-Cooperative Service on Oct. 16 issued a notice of funding opportunity (NOFO) for the Rural Energy for America Program. The notice applies to fiscal year (FY) 2025, 2026 and 2027 awards.