SOURCE: KATZEN International Inc.
October 25, 2024
BY KATZEN International Inc.
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The U.S. government on March 4 implemented new tariffs on a variety of goods from Canada, Mexico and China, including a 10% tariff on biofuels entering the U.S. from Canada. Future retaliatory tariffs could also impact U.S. biofuel exports.
The Minnesota Senate Taxes Committee on March 3 voted to approved legislation that aims to extend and expand the state’s existing tax credit for sustainable aviation fuel (SAF), which was established in 2023.
U.S. EIA data shows U.S. ethanol production hit a record 16.22 billion gallons last year, up 600 gallons from 2023. Exports increased more than 500 million gallons. According to the IRFA, year-round E15 is needed to boost domestic demand.
The U.S. strongly objects to a recommendation on “sustainable” aviation fuels focused on multi-cropping made during the 13th triennial meeting of the ICAO Committee on Aviation Environmental Protection.
Biomass Magazine has announced the six companies selected to pitch to a group of angel investors and venture capital firms at the International Biomass Conference & Expo, taking place March 18-20, 2025, in Atlanta, Georgia.