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Balanced Reporting. Trusted Insights.
Sunday, April 06, 2025
The goal of turning corn ethanol into sustainable aviation fuel is a little closer with the announcement that Gevo has secured a conditional, $1.46 billion loan guarantee from the Department of Energy. It’s the department’s first such commitment for an alcohol-to-jet fuel facility.
Dockworkers and their employers appear to have made little progress in discussions over a new contract as the strike that started Monday at East and Gulf Coast ports continues to snarl supply chains for containerized agricultural products.
A bipartisan group of lawmakers are proposing to extend the new 45Z tax credit for low-carbon biofuels for 10 years but restrict the incentive to products derived from domestic feedstocks, such as vegetable oils and corn ethanol.
Biofuel company Gevo is aiming to bolster its network for low-carbon sustainable aviation fuel feedstocks through the $210 million purchase of an ethanol plant located on a North Dakota carbon capture site.
The South Dakota Supreme Court unanimously sided with landowners Thursday in ruling that CO2 pipeline developer Summit Carbon Solutions has yet to prove it's a common carrier, which limits its ability to do surveys without landowner permission.
The Treasury Department released long-awaited guidance for a new tax credit for sustainable aviation fuel. Ethanol-derived SAF would be eligible as long as the corn is produced with three climate-smart farming practices.
The Biden administration is expected to announce key updates this week to its carbon-intensity scoring for sustainable aviation fuel this week, while lawmakers are struggling to break a partisan impasse over a new farm bill that Republicans are determined to move through the House Ag Committee in May.
The House Agriculture Committee puts a focus this week on China and the potential threat it poses to U.S. agriculture, while Agriculture Secretary Tom Vilsack heads back to Capitol Hill to defend his spending priorities and policy implementation.
Agriculture Secretary Tom Vilsack said Friday the Biden administration would need several more weeks to finalize its carbon assessment of feedstocks for sustainable aviation fuel, but he continued to express confidence that most of the product would ultimately come from agricultural sources.