Biodiesel World News

Bills aim to extend biodiesel, renewable diesel tax credit Legislation introduced in the both the U.S. House of Representatives and the U.S. Senate on May 25 aims to extend the current blenders credit for biodiesel and renewable diesel for three years, through the end of 2025. READ MORE SHARE
Inslee signs bill to implement CFS in Washington Washington Gov. Jay Inslee on May 17 signed legislation that will create a state-wide Clean Fuel Standard that will limit the aggregate, overall greenhouse gas emissions per unit of transportation fuel energy to 20 percent below 2017 levels by 2035. READ MORE SHARE
	Whitehouse introduces Sustainable Aviation Fuel Act Sen. Sheldon Whitehouse, D-R.I., on May 13 introduced the Sustainable Aviation Fuel Act, which aims to incentivize the production of sustainable aviation fuel (SAF), including the establishment of an aviation-only Low Carbon Fuel Standard. READ MORE SHARE
Sustainable Skies Act aims to enact blenders credit for SAF Rep. Brad Schneider, D-Ill., on May 20 introduced the Sustainable Skies Act, which aims to create a tax credit to encourage blending of sustainable aviation fuel (SAF). The credit’s value would be based on GHG emission reductions. READ MORE SHARE
EPA: 1.57 billion RINs generated in April The U.S. EPA has released data that shows 1.57 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in April, up from 1.06 billion generated during the same month of 2020. READ MORE SHARE
Seaboard Energy builds renewable diesel plant in Hugoton, Kansas Seaboard Energy, a division of Seaboard Foods and a wholly owned subsidiary of Seaboard Corp., announced it is building a renewable diesel plant in Hugoton, Kansas. The facility is constructed at the former Abengoa ethanol plant site. READ MORE SHARE
EPA: 2 additional SRE petitions filed, 70 now pending The U.S. EPA on May 20 published updated small refinery exemption (SRE) data, reporting that two additional SRE petitions have been filed for RFS compliance year 2020. The agency also changed the status of three previously filed SRE petitions. READ MORE SHARE
Iowa Biodiesel Board disappointed in lack of biofuels standard The Iowa Legislature ended its legislative session without taking action on the proposed Iowa Biofuels Standard, a bill introduced by Gov. Kim Reynolds to set a minimum standard of biofuels in the state’s fuel supply. READ MORE SHARE
Bill aims to extend biodiesel, renewable diesel, RNG tax credits Reps. Jim Costa, D-Calif., and David Valadao, R-Calif., on May 17 introduced the Biodiesel, Renewable Diesel and Alternative Fuels Extension Act of 2021, which would extend and phase down the existing tax credits for these fuels. READ MORE SHARE
Bulk of California’s GHG reductions come from biobased diesel Newly released data from the California Air Resources Board, shows that renewable diesel and biodiesel fuels deliver the state’s biggest reduction in transportation-related sources of greenhouse gas (GHG) emissions. READ MORE SHARE