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Treasury announces updated SAF tax credit guidance, release of 40BSAF-GREET 2024 model

April 30, 2024

BY Erin Voegele

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Trump to nominate Zeldin to lead the EPA

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By Erin Voegele

3 minutes ago

Policy

President-elect Donald Trump on Nov. 11 announced he will nominate Lee Zeldin to serve as administrator of the U.S. EPA. Zeldin previously served as a member of Congress, where he cosponsored legislation to repeal and revise the RFS.

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Florida man pleads guilty to biofuel fraud conspiracy

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By U.S. Department of Justice

20 minutes ago

A Florida man pleaded guilty on Nov. 7 for his role in a scheme that generated over $7 million in fraudulent U.S. EPA renewable fuels credits and sought over $6 million in fraudulent tax credits connected to the purported production of biodiesel.

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Neste and Air Canada have signed an agreement for the supply of 60,000 metric of neat Neste MY Sustainable Aviation Fuel. Neste will deliver the SAF, blended with conventional jet fuel, to the Vancouver marine terminal starting in December 2024.

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NATSO, representing truck stops and travel centers, and SIGMA: America’s Leading Fuel Marketers, on Nov. 8 urged Congress to take action during the Lame Duck session to extend the $1 per gallon biodiesel blenders’ tax credit.

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Neste on Nov. 8 announced its Rotterdam refinery has been shut down due to a fire. The fire has been extinguished and did not cause any injuries. Production will be down for several weeks, impacting renewable diesel customer deliveries.

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