September 17, 2015
BY Anna Simet
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Treasury and the IRS on Aug. 14 modified and extended guidance issued in late 2025 that will help eligible taxpayers claim the 45Q credit for CCS if the U.S. EPA follows through with its proposal to eliminate the Greenhouse Gas Reporting Program.
The U.S. Forest Service on Aug. 5 awarded $300,000 to LanzaTech Inc. to support design work for a proposed biorefinery in Bellemont, Arizona, what would produce wood-based ethanol. The project would create a new market for low-value woody biomass.
The current issue of Ethanol Producer Magazine focuses on plant improvement projects, product diversification and tax incentives.
Growth Energy estimates that 45Z could generate $13.4 billion in household income and provide farmers with a 10% premium price on low-carbon corn used at an ethanol plant..
Iowa's Renewable Fuels Infrastructure Program awarded $1.43 million in grants to 24 applicants to expand access to higher ethanol blends at retail sites and $604,212 in grants to 14 applicants to support biodiesel infrastructure projects.