Emily Skor, CEO of Growth Energy
November 12, 2024
BY Emily Skor
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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.
A surge in corn kernel fiber as a feedstock is sweeping the industry, driven by incentives for low carbon intensities and EPA-approved testing methods for D3 RIN qualification.
The USDA currently predicts corn use in ethanol for the 2025-’26 marketing year to be unchanged when compared to the 2024-’25 marketing year, according to forecasts included in the agency’s latest WASDE report, released May 12.