SOURCE: Minnesota Department of Commerce
February 6, 2024
BY Erin Voegele
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The House Ways and Means Committee on May 14 advanced its portion of President Trump’s “big, beautiful” tax bill. The draft legislation amends and extends the 45Z clean fuel production credit but repeals several other clean energy tax credits..
On May 12, the Iowa Senate voted 27-22 to pass HF 639, effectively banning CCS projects in the state. The IRFA said the vote goes against farmers and ethanol producers seeking to unlock ultra-low carbon ethanol markets around the world.
Startup Nataqua hopes to help ethanol producers turn captured carbon dioxide into more on-site ethanol capacity.
North Dakota Gov. Kelly Armstrong on April 15 signed a bill creating a low-carbon fuels fund that is designed to help the state’s ethanol producers lower the CI of the fuel they produce, which could help producers participate in the SAF market.
The South Dakota Public Utilities Commission on April 22 denied Summit Carbon Solution’s pipeline application by a vote of 2 to 1. Summit has expressed disappointment with the decision and announced plans to refile its application.