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Inflation Reduction Act welcomed by ethanol groups

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By Erin Voegele

August 01, 2022

PolicyBusinessMarketsCoproducts

Senate democrats on on July 27 announced an agreement to add the Inflation Reduction Act of 2022 to the FY2022 Budget Reconciliation bill. The legislative package will benefit the U.S. ethanol industry, according to the RFA and Growth Energy.

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Senate democrats on July 27 announced an agreement to bring the Inflation Reduction Act of 2022 to vote. The bill includes many bioenergy incentives, particularly the extension and modification of existing tax credits and creation of new ones.

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Sens. Chuck Grassley, R-Iowa, and Joni Ernst, R-Iowa, on July 26 introduced the Next Generation Fuels Act, which aims to leverage higher-octane fuels to improve engine efficiency and performance. Rep. Cindy Axne, D-Iowa, introduced the bill in 2021.

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Strategic Biofuels has announced that the State of Louisiana recently enhanced its CSS legislation with provisions that provide additional carbon dioxide (CO2) reservoir storage security for projects in Caldwell Parish.

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MN Bio-Fuels: Gov. Walz tours Guardian Energy

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By Minnesota Bio-Fuels Association

July 26, 2022

Gov. Tim Walz visited Guardian Energy on July 22 to take a closer look at the plant's state-of-the-art production capabilities, the important role ethanol plays in reducing greenhouse gas emissions and it's impact on rural economies.

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The U.S. EPA and Growth Energy on July 22 filed a consent decree agreement with the U.S. District Court for the District of Columbia that requires the agency to proposed 2023 RFS RVOs by Nov. 16, 2022, and finalize the 2023 RVOs by June 14, 2023.

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The U.S. EPA and Growth Energy on July 22 filed a consent decree agreement with the U.S. District Court for the District of Columbia that requires the agency to proposed 2023 RFS RVOs by Nov. 16, 2022, and finalize the 2023 RVOs by June 14, 2023.

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The U.S. EPA has released updated renewable identification number (RIN) data showing that nearly 1.85 billion RINs were generated under the Renewable Fuel Standard in June, up from 1.77 billion RINs generated during the same month of 2021.

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Growth Energy Senior Vice President of Regulatory Affairs Chris Bliley submitted comments to the Oregon Department of Environmental Quality in response to its proposal to update and extend its carbon reductions under the state's Clean Fuels Program.

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The U.S. EPA on June 21 published updated data on small refinery exemptions (SREs) filed under the Renewable Fuel Standard, reporting that no new SRE petitions have been filed in the past month. Three SRE petitions are currently pending.

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The U.S. EPA on June 21 published updated data on small refinery exemptions (SREs) filed under the Renewable Fuel Standard, reporting that no new SRE petitions have been filed in the past month. Three SRE petitions are currently pending.

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With a time-to-market advantage over EVs, ethanol benefits the 270 million cars on the road today while replacing benzene-based carcinogens in gas. With its low-carbon, high-octane requirement, the Next Generation Fuels Act takes ethanol higher.

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A group of 24 senators on July 19 sent a letter to U.S. EPA Administrator Michael Regan urging the agency to set strong 2023 and 2024 Renewable Fuel Standard renewable volume obligations (RVOs) for biomass-based diesel.

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The U.K. government on July 19 released its Jet Zero strategy. The initiative, in part, requires at least 10 percent SAF use by 2030. It also aims to kickstart a domestic SAF industry, supported by a new £165 million Advanced Fuels Fund.

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The U.K. government on July 19 released its Jet Zero strategy. The initiative, in part, requires at least 10 percent SAF use by 2030. It also aims to kickstart a domestic SAF industry, supported by a new £165 million Advanced Fuels Fund.

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With high gas prices lingering, the RFA is continuing to advocate for a larger role for ethanol in the United States fuel supply. Recent actions by the Biden administration, like continued access to E15 this summer, give producers cause for optimism.

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Coastal Effect

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By Melissa Anderson

July 18, 2022

Comparable to California's Low Carbon Fuel Standard, pro-biofuel policies in Oregon, Washington and British Columbia offer a vast region of opportunity for reduced-CI ethanol on the Pacific Coast.

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From Minnesota to Nebraska, discussions around performance-based fuel standards are bringing a broad range of stakeholders together. Progress requires coalition building and compromise.

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The first carbon capture and storage (CCS) project allowed under state primacy in the U.S. has commenced operations. Red Trail Energy LLC officially began CCS at its ethanol facility located near Richardton, North Dakota, on June 16.

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The European Parliament's ITRE Committee members voted decisively in favor of increasing the ambition for GHG emissions reduction in transport while leaving Member States free to use crop-based biofuels in their transport energy mix.

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The California Air Resources Board on July 15 released the results of a multi-year study on the emissions impact of E15. The study highlights the air quantity benefits that could be achieved by adopting the use of E15 within the state.

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The European Parliament's ITRE Committee members voted decisively in favor of increasing the ambition for GHG emissions reduction in transport while leaving Member States free to use crop-based biofuels in their transport energy mix.

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U.S. Grains Council Regional Director for Southeast Asia and Oceania Caleb Wurth showcased the significant role fuel ethanol plays in decarbonizing the transport sector and bolstering fuel security during a G20 workshop.

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The U.S. ethanol industry delivered a very strong Q2, according to the latest quarterly report issued by CoBank's Knowledge Exchange on July 14. Ethanol profits and production remain robust despite record gas prices, according to the report.

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The U.S. EPA on June 30 approved a RFS fuel pathway filed by Renewable Energy Group Inc. that will allow the company's biorefinery in Geismar, Louisiana, to generate D4 and D5 RINs for certain biofuels produced using carinata oil feedstock.

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The U.S. Energy Information Administration increased its forecasts for 2022 and 2023 fuel ethanol production in its latest Short-Term Energy Outlook, released July 13. The forecast for 2023 fuel ethanol consumption was also increased.

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The European Parliament's ITRE Committee members voted on July 13 in favor of increasing the ambition for GHG emissions reduction in transport and allowing Member States to continue using a limited amount of crop-based biofuels.

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EIA: RIN prices for ethanol, biomass-based diesel remain high

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By U.S. Energy Information Administration

July 13, 2022

The prices of RIN credits—a compliance mechanism used for the RFS program administered by the U.S. EPA—have remained high in 2022. So far this year, D4 RINs peaked on April 28 at $1.91 per gallon and D6 RINs peaked on June 7 at $1.68 per gallon.

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The prices of RIN credits—a compliance mechanism used for the RFS program administered by the U.S. EPA—have remained high in 2022. So far this year, D4 RINs peaked on April 28 at $1.91 per gallon and D6 RINs peaked on June 7 at $1.68 per gallon.

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Clean Fuels Alliance America on July 13 wrote to President Joe Biden and other administration officials to highlight the biodiesel and renewable diesel industry's contribution to job growth in the clean energy sector.

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