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Red Trail Energy to begin drilling well for carbon sequestration

March 12, 2020

BY Office of Sen. John Hoeven

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Treasury, IRS modify and extend safe harbor for 45Q

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By Erin Krueger

6 minutes ago

Policy Carbon Capture Business 

Treasury and the IRS on Aug. 14 modified and extended guidance issued in late 2025 that will help eligible taxpayers claim the 45Q credit for CCS if the U.S. EPA follows through with its proposal to eliminate the Greenhouse Gas Reporting Program.

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The U.S. Grains & BioProducts Council, with support from USDA’s Foreign Agricultural Service through the Market Access Program, delivered a technical assistance program to one of Colombia’s leading dairy and feed companies.

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The U.S. Forest Service on Aug. 5 awarded $300,000 to LanzaTech Inc. to support design work for a proposed biorefinery in Bellemont, Arizona, what would produce wood-based ethanol. The project would create a new market for low-value woody biomass.

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U.S. fuel ethanol production expanded by 1% the week ending Aug. 7, according to data released by the U.S. Energy Information Administration on Aug. 12. Weekly ending stocks of fuel ethanol were also up 1% while exports fell by nearly 46%.

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The U.S. Energy Information Administration increased its forecast for 2026 fuel ethanol production in its latest Short-Term Energy Outlook, released Aug. 11. The outlook for 2026 fuel ethanol exports also increased.

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