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Queensland RFA: Biofuels mandate will result in more choices

December 29, 2016

BY Queensland Renewable Fuels Association

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US ethanol and SAF industry leaders seek to intervene in legal challenge to EU SAF regulation

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The U.S. Grains Council’s Southeast Asia and Oceania team recently participated in two leading bioenergy conferences in the region, underscoring the pertinent role ethanol can play in emerging new-use areas for transportation decarbonization.

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U.S. Senate Agriculture, Nutrition and Forestry Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Chairman Glenn “GT” Thomspon, R-Pa., on May 1 released outlines for competing versions of the 2024 Farm Bill.

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The Treasury Department and IRS on April 30 released new guidance on the SAF tax credit and announced the launch of the 40BSAF-GREET 2024 model, which incorporates a pilot-program to encourage the use of climate-smart ag practices for SAF feedstocks.

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Nebraska Gov. Jim Pillen on April 24 signed a legislative package that includes a tax credit to support the production of SAF within the state. The tax credit applies to eligible SAF that achieves at least a 50% GHG emissions reduction.

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