Growth Energy welcomes CBP plan to reopen Texas rail crossings
SOURCE: Growth Energy
December 27, 2023
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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.
Renewable Fuels Month highlights the importance of renewable biofuels, such as ethanol and biodiesel, especially for Nebraskans, according to Fueled by Nebraska, a partnership of Nebraska biofuel and ag organizations.
The USDA recently released its Grain Crushings and Co-Products Production Report for March, reporting that corn use for fuel ethanol production in February was up when compared to both the previous month and February 2023.
As part of the USGC’s strategy to support the initiation of the ethanol-gasoline blending program in Costa Rica, the group participated in a technical workshop in San Jose, Costa Rica, that focused on ethanol and vehicle compatibility.
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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