December 21, 2015
BY Robert Wright
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The Senate Finance Committee on June 17 released legislation that extends the 45Z credit but proposes changes that would cut the value of the credit by 20% for fuels made from imported feedstocks and alter the value of the credit for SAF.
The California Assembly on May 23 voted 71 to zero in favor of a bill that aims to expedite the development of up to three SAF projects by allowing the governor to streamline legal challenges resulting from certain environmental review procedures.
The U.S. EPA on June 13 released a proposed rule to set strong 2026 and 2027 RFS RVOs. The rulemaking also aims to limit the participation of imported fuels and feedstocks, eliminate eRINs, and reduce the 2025 cellulosic RVO.
The U.S. EPA on June 13 released a final rule reducing the 2024 RFS renewable volume obligation (RVO) for cellulosic biofuel to 1.01 billion renewable identification numbers (RINs). The rule also revises RFS regulations related to biogas.
Iowa Secretary of Agriculture Mike Naig announced that the Iowa Renewable Fuels Infrastructure Program Board recently approved an additional 90 applications from Iowa fuel retailers to support new and expanded ethanol infrastructure projects.