Chemical Engineering Trends, Intellectual Property Litigation, & Industry Predictions – IMS Insights Podcast Episode 50
Renewable Diesel: The Next Generation Of Biofuels
The IRA created substantial tax credits for SAF. Under Section 40B, SAF producers who meet certain requirements can claim a credit of at least $1.25 per gallon of SAF. Among other things, eligible SAF must achieve lifecycle...more
On December 15, 2023, IRS published Notice 2024-06, a brief but important guidance on Section 40B, the Inflation Reduction Act (“IRA”) tax credit for sustainable aviation fuel (“SAF”). The guidance establishes a safe harbor...more
The Federal Aviation Administration (FAA) announced $300 million in funding for projects to help the aviation sector reach net-zero emissions by 2050. The application window is now open for $245 million in Fueling Aviation's...more
The U.S. Department of Energy (DOE) announced on May 24, 2023, the launch of the Clean Fuels & Products ShotTM, a new initiative that aims to reduce significantly greenhouse gas emissions (GHG) from carbon-based fuels and...more
Consumers are increasingly seeking more sustainable products, making a company’s environmental, social and governance (ESG) practices part of their purchasing decisions. In the alcohol space, breweries, wineries and...more
On January 26, 2023, the Department of Energy (DOE) announced $118 million in funding for 17 projects to accelerate the production of sustainable biofuels as the Biden administration works to cut greenhouse gas emissions from...more
Last month’s proposed rulemaking for the Renewable Fuel Standard (“RFS”) from the Environmental Protection Agency (“EPA”) proposed significant changes to the RFS Program, which we summarized in a prior post. One of the major...more
On December 2, 2022, the U.S. Environmental Protection Agency (EPA) published a final rule determining that renewable diesel, jet fuel, heating oil, naphtha, and liquefied petroleum gas (LPG) produced from canola/rapeseed oil...more
The National Academies of Sciences, Engineering, and Medicine (NASEM) announced on October 19, 2022, the release of a report finding that life cycle assessments (LCA) of transportation fuels are valuable tools for measuring...more
On October 6, 2022, the European Maritime Safety Agency (EMSA) announced the availability of a report entitled Update on Potential of Biofuels in Shipping, updating a previous study developed by EMSA on biofuels and examining...more
The European Parliament (EP) voted on September 14, 2022, to increase the share of renewables in the European Union’s (EU) final energy consumption to 45 percent by 2030, under the revision of the Renewable Energy Directive...more
Anything that reduces fuel emissions has to be good for the environment, right? WRONG! The D.C. Circuit Court of Appeals is facing precisely this seeming anomaly, being asked by the Center for Biological Diversity...more
On April 18, 2022, EPA announced the opportunity for public comment on its proposed analysis of the lifecycle greenhouse gas (GHG) emissions associated with biofuels produced from canola/rapeseed oil. EPA’s assessment...more
Although ethanol is one of the earliest biotechnologies, it wasn’t until the energy crisis of the 1970s that ethanol was widely used as an additive to gasoline. Back then, concerns about the price of fuel and the impact of...more
On March 23, 2022, the U.S. Environmental Protection Agency (EPA) held a webinar on “Biofuel Premanufacture Notices: New Chemical Risk Assessment and Applications of Tools and Models.” As reported in our January 24, 2022,...more
Sixteen United States Senators submitted a March 9th letter to President Biden asking that he use available administrative authority to permit the year-round sales of E15 motor fuel....more
On December 28, 2021, EPA announced that it will hold a public virtual meeting to discuss biofuel greenhouse gas (GHG) modeling. EPA is soliciting information on the current scientific understanding of GHG modeling of...more
On December 20, 2021, the Climate Action Council (“Council”) approved the release for public comment of its draft Scoping Plan, which describes how New York can achieve the requirements of the Climate Leadership and Community...more
In June 2021, the United States (“U.S.”) became the chair of the Biofuture Platform Initiative, an initiative of the Clean Energy Ministerial (the “Biofuture Platform”) for a two-year term, taking over the chair position from...more
After four tries to enact a low carbon fuel standard, Governor Jay Inslee on May 17, 2021, signed HB 1091, new legislation that will establish a Clean Fuels Program (CFP) designed to limit the carbon intensity of...more
Under the Biden Administration, environmental sustainability as a means to combat climate change has been thrust into the spotlight as an emerging national imperative. This was made clear through President Joe Biden's...more
On March 10, 2021, DOE EERE issued notices of intent (NOIs) for three sustainable transportation technologies funding opportunity announcements (FOAs). Expected in Spring 2021, these FOAs will focus on innovative research,...more
On March 3, 2021, the co-chairs of the House Biofuels Caucus, U.S. Representatives Cindy Axne (D-IA) and Rodney Davis (R-IL), introduced the Renewable Fuels Infrastructure Investment and Market Expansion Act, which would...more
On January 27, 2021, U.S. President Biden signed an “Executive Order on Tackling the Climate Crisis at Home and Abroad,” which established a National Climate Task Force (Task Force) and puts the climate crisis at the...more
President-elect Joe Biden has stated that one of the greatest challenges facing the United States is the viability and welfare of the environment. As the country moves toward a Biden presidency, environmental change and a...more