Ethanol Week - January 3, 2023

Treasury, IRS issues guidance on new SAF tax credit The Treasury Department and Internal Revenue Service on Dec. 19 issued a notice regarding the sustainable aviation fuel (SAF) credit. The new credit was created by the Inflation Reduction Act of 2022. READ MORE SHARE
RFA thanks Missouri governor for acting to secure year-round E15 The Renewable Fuels Association on Dec. 23 applauded Missouri Gov. Mike Parson for notifying the U.S. EPA that he is taking action to allow the year-round sale of lower-carbon, lower-cost E15 in the Show-Me State. READ MORE SHARE
	Green Plains partners on synthetic methane project Green Plains Inc., Tallgrass and Osaka Gas USA on Dec. 21 announced the commencement of a joint feasibility study to evaluate the production of up to 200,000 tons per year of synthetic methane in the U.S. Midwest. READ MORE SHARE
EIA: Ethanol production down 6%, stocks up 2% U.S. fuel ethanol production fell by more than 6 percent the week ending Dec. 23, according to data released by the U.S. Energy Information Administration on Dec. 29. Stocks of fuel ethanol were up more than 2 percent. READ MORE SHARE
UK motorcycle manufacturer tests higher blends of ethanol As part of Triumph’s commitment to a more sustainable motorcycling future, a dedicated new testing program for sustainable fuels has been established at the Brand’s Global R&D facilities in Hinckley, U.K. READ MORE SHARE
	DOE to fund bioenergy feedstock, biofuel optimization projects The U.S. Department of Energy Bioenergy Technologies Office has announced its intent to issue two funding opportunity announcements (FOAs) in early 2023 focused on algae crop production and cellulosic biomass conversion. READ MORE SHARE
ACE submits comments to USDA on climate-smart farming practices ACE submitted feedback to the USDA’s request for public input on implementation of funding in the Inflation Reduction Act for key NRCS conservation programs to spur farmer adoption of climate-smart practices. READ MORE SHARE
MN Bio-Fuels releases 2022 annual report The Minnesota Bio-Fuels Association (MN Bio-Fuels) released its 2022 Annual Report in mid-December. The report highlights MN Bio-Fuels work in the areas of advocacy, communications and fuel marketing and supply chain. READ MORE SHARE
NEB: Fuel the Cure raises $15K for breast cancer research In the past five years, fuel retailers across Nebraska have joined forces to raise more than $45,000 for cancer research as part of Fuel the Cure – a campaign that also educates others about healthier fuel options. READ MORE SHARE
DOE awards $1 million for bioenergy research Three projects have been selected for funding under a U.S. DOE interagency agreement with the Minority Serving Institution STEM Research & Development Consortium. The projects focus on algae, waste feedstocks, and catalyst development. READ MORE SHARE