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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 23, 2024
Congressional Democrats’ massive Build Back Better spending plan would create a new subsidy for renewable jet fuel while also extending the existing tax credit for biodiesel and renewable diesel through 2031.
House Democrats are proposing historic funding for conservation programs, agricultural research, renewable energy and forestry and other climate-related priorities as part of a $3.5 trillion tax and spending package.
When it comes to producing soyoil for the rapidly emerging renewable diesel market, the industry is adamant that it can expand without the kind of food-versus-fuel criticism from the general public that has plagued biofuels in the past.
The Environmental Protection Agency is expected to propose trimming biofuel usage mandates for 2021, while increasing the renewable volume obligations for next year, a Capitol Hill source confirmed to Agri-Pulse.
The Supreme Court has ruled in favor of small refineries seeking relief from the Renewable Fuel Standard, delivering a major blow to biofuel groups in a long-running legal battle over the governance of the nation’s ethanol and biodiesel policy.
Airlines that are scrambling to lower their greenhouse gas emissions are lobbying Congress to enact new incentives for renewable jet fuel, even as competition for biofuel feedstocks already is heating up.
After making their case to the Supreme Court, biofuel industry officials are expressing confidence that the justices will agree to restrict the issuance of small refinery exemptions.
In this opinion piece, former Sen. Byron Dorgan, D-N.D. discusses how biodiesel and renewable diesel need to play a critical role in reducing carbon emissions.
The Environmental Protection Agency is proposing to push back 2019 and 2020 compliance year deadlines for the Renewable Fuels Standard, citing uncertainty surrounding small refinery exemptions.
Even as President-elect Joe Biden pushes for electric vehicles, the biofuel industry argues he can also make progress on his climate goals by expanding biofuel usage mandates, embracing a low carbon fuel policy and increasing vehicle emissions standards.
