
SOURCE: Growth Energy
October 8, 2024
BY Growth Energy
Advertisement
Advertisement
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 Nebraska Corn Board is accepting grant applications for ethanol infrastructure support, which will help Nebraska fuel retailers add or expand higher ethanol blend options, such as E15. The application deadline is Oct. 30.
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..