August 6, 2020
BY American Coalition for Ethanol
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Summit Carbon Solutions has filed a legal action to ensure a fair and transparent process for the South Dakota PUC review of its pipeline permit. The company has asked the court to prevent one of the commissioners from participating in the decision.
Valero Energy Corp. on Jan. 30 released Q4 financial results, reporting that both its ethanol and renewable diesel segments were profitable during the period. The company also announced that its SAF project in Texas is fully operational.
Texas Gov. Greg Abbot on Jan. 29 announced Summit Next Gen LLC’s proposed ethanol-to-SAF project under development near Houston qualifies under the state’s new Texas Jobs, Energy, Technology and Innovation (JETI) program.
Representatives of the U.S. biofuels and bioenergy industries are among more than 160 companies, trade groups, labor unions and policy organizations that are calling on federal lawmakers to maintain support for the 45Q tax credit.
Legislation introduced in the Kansas legislature on Jan. 15 aims to create a 5-cent-per-gallon tax credit to support the sale of higher ethanol blends, such as E15. Lawmakers are also being asked to consider a similar incentive for biobased diesel.