Biodiesel Week

Obama signs tax act reinstating biodiesel credit through 2014 Obama signed the Tax Increase Prevention Act of 2014 into law Dec. 19, which reinstates the $1 per gallon biodiesel tax credits from Jan. 1, 2014, through the end of the year. Producers are thankful but want long-term policy stability. READ MORE SHARE
Q-RINs emerge in the renewable fuels market After the U.S. EPA's final Quality Assurance Plan rule established a new, unified QAP program over the summer, Q-RINs have been successfully transferred in the RIN market. For RINs generated after Dec. 31, the A- and B- verification programs end. READ MORE SHARE
	REG, Neste settle patent lawsuits, enter into license agreement Finland's Neste Oil and Iowa-based Renewable Energy Group both announced Dec. 19 that the companies have settled their patent infringement lawsuits against each other regarding renewable diesel processes and have entered into a new license agreement. READ MORE SHARE
Global advanced biofuel market to reach $24 billion by 2020 According to a new report by Allied Market Research, the global second-generation biofuels (advanced biofuels) market is expected to reach $23.9 billion by 2020, registering a compound annual growth rate (CAGR) of 49.4 percent from 2014-'20. READ MORE SHARE
Algae.Tec to raise more funds for pilot plant working capital Algae.Tec Ltd. announced an agreement with its largest partner, Reliance Industrial Investments, to raise $AUD2.4 million ($USD1.94 million) to provide additional working capital for development of an algae pilot plant in Jamnagar, India. READ MORE SHARE
EPA publishes request for substantiations of confidentiality The U.S. EPA has published a notice in the Federal Register requesting substantiations of confidentiality claims from businesses that have submitted reports and transactional information on the renewable fuel standard (RFS). READ MORE SHARE