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MEPs approve SAF mandate, limit eligible feedstocks

SOURCE: European Parliament

September 13, 2023

BY Erin Voegele

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LanzaTech increases share ownership of LanzaJet

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By LanzaTech

June 21, 2024

Sustainable Aviation FuelsBusiness

LanzaTech Global Inc. on June 20 announced an increase in its holdings of LanzaJet Inc., a leading sustainable aviation fuel technology provider and fuels producer. LanzaTech now owns approximately 36% of LanzaJet.

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BP on June 20 announced an agreement to acquire Bunge’s 50% interest in its BP Bunge Bioenergia S.A. JV. The company also said it is scaling back plans for the development of new SAF and renewable diesel projects at its existing sites.

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The U.S. EPA released updated RIN data on June 20, reporting that nearly 2.01 billion RINs were generated under the RFS during May, down from 2.11 billion generated during the same period of last year.

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The U.S. EPA released updated small refinery exemption (SRE) data on June 20, reporting that one new SRE petition has been filed under the RFS in the past month. A total of 39 SRE petitions are now pending.

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Treasury and the IRS on June 18 released final rules implementing the wage and apprenticeship standard provisions of clean energy tax credits created by the IRA, including the 45Z clean fuels production tax credit.

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