FILE PHOTO
November 5, 2015
BY Ann Bailey
Advertisement
Advertisement
Iowa state lawmakers in May approved tax legislation that, in part, aims to create a tax credit to incentivize sustainable aviation fuel (SAF) production within the state. The bill is now under consideration by Iowa Gov. Kim Reynolds.
The Congressional Biofuels Caucus on May 22 launched for the 119th Congress. Caucus members recognize that biofuels are key to American energy independence and advocate for policies that support biofuel producers.
The Illinois House of Representatives on May 20 voted 91 to 19 in favor of a bill that could impact the siting of proposed CCS projects within the state. The Illinois Senate unanimously approved the legislation in April.
The U.S. House of Representatives early on May 22 narrowly passed a reconciliation bill that includes provisions updating and extending the 45Z clean fuel production tax credit. The bill, H.R. 1, will now be considered by the U.S. Senate.
U.S. EPA Administrator Lee Zeldin on May 21 stressed the agency is working “as fast as humanly possible” to finalize a rulemaking setting 2026 RFS RVOs during a hearing held by the U.S. Senate Committee on Environment and Public Works.