May 24, 2016
BY Tom Bryan
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President Trump on July 4 signed the “One Big Beautiful Bill Act.” The legislation extends and updates the 45Z credit and revives a tax credit benefiting small biodiesel producers but repeals several other bioenergy-related tax incentives.
CARB on June 27 announced amendments to the state’s LCFS regulations will take effect beginning on July 1. The amended regulations were approved by the agency in November 2024, but implementation was delayed due to regulatory clarity issues.
California Gov. Gavin Newsom on June 27 signed a 2025-2026 budget bill that allocates funding to support efforts by state agencies to evaluate, develop and implement regulatory changes needed to allow the use of E15 in California.
The USDA’s National Agricultural Statistics Service on June 30 released its annual Acreage report, estimating that 95.2 million acres of corn have been planted in the U.S. this year, up 5% or 4.61 million acres when compared to 2024.
With a Middle East crisis once again roiling global oil markets, a new report shows that American-made ethanol keeps gasoline prices down—saving drivers well over $50 billion each year, or 39 cents per gallon.