ABFA APPLAUDS FLEXIBILITY ON SUSTAINABLE AVIATION FUEL (SAF) THROUGH TREASURY DEPARTMENT’S GREET MODEL UPDATE
Advanced Biofuels Association
by Blake Christy
2d ago
WASHINGTON, DC – Michael McAdams, President of the Advanced Biofuels Association (ABFA), issued the following statement in response to the U.S. Treasury Department and Internal Revenue Service (IRS)’s newly released modifications of the Greenhouse Gases, Regulated Emissions and Energy Use in Technologies (GREET) model. “The Advanced Biofuels Association applauds the Treasury Department and IRS for their decision to offer increased modeling flexibility for measuring the carbon intensity of sustainable aviation fuel (SAF). This move will facilitate greater production of SAF and pave th ..read more
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ABFA APPLAUDS DOE AND USDA BIOFUELS REPORTS
Advanced Biofuels Association
by Blake Christy
2w ago
WASHINGTON, DC – Michael McAdams, President of the Advanced Biofuels Association (ABFA), issued the following statement in response to the U.S. Department of Energy (DOE) releasing the 2023 Billion-Ton Report (BT23) and the U.S. Department of Agriculture (USDA) releasing the Plan to Enable the Bioeconomy in America: Building a Resilient Biomass Supply report. “The Advanced Biofuels Association applauds the Biden Administration for release of the Department of Energy’s 2023 Billion-Ton Report and the Department of Agriculture’s Plan to Enable the Bioeconomy in America: Building a Resi ..read more
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ABFA APPLAUDS EPA RULING DENYING AFPM WAIVER
Advanced Biofuels Association
by Blake Christy
2w ago
WASHINGTON, DC – Michael McAdams, President of the Advanced Biofuels Association (ABFA), issued the following statement in response to the Environmental Protection Agency (EPA) denying the American Fuel & Petroleum Manufacturers (AFPM)’s petition to partially waive the 2023 cellulosic biofuel renewable volume obligations (RVO) under the Renewable Fuel Standard (RFS).   “The EPA’s decision to deny AFPM’s request to waive a portion of the 2023 cellulosic biofuel mandate under the RFS is a smart, data-driven decision that recognizes the strength of the advanced biofuels industr ..read more
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Optimizing Federal Policy to Cut Carbon Emissions in Half By 2030
Advanced Biofuels Association
by Blake Christy
1M ago
[originally published in RealClear Energy] President Biden declared in his State of the Union address that his administration remains committed to cutting carbon emissions in half by 2030. It’s an ambitious goal that rightly puts climate action at the forefront of our national priorities. But reaching this target will require an all-of-the-above approach – including support for policies that champion low carbon liquid fuels, which are vital for decarbonizing transportation across all modes, from the sea to the air and every road and rail in between. Without that flexibility, America ..read more
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We Must Think More Broadly to Reduce U.S. Carbon Emissions
Advanced Biofuels Association
by Blake Christy
1M ago
[originally published in RealClear Energy] The Biden administration has set ambitious and pivotal objectives aimed at significantly curbing America’s carbon emissions from cars and trucks, which I wholeheartedly support. However, after years of doubling down on an electric vehicle strategy to achieve those goals, they seem to finally be acknowledging the reality of the challenges facing our transportation sector’s energy transition. Fleets take decades to turn over, infrastructure buildout takes even longer, and electric solutions for the heavy-duty transportation sectors remain long-term play ..read more
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Hitting the brakes on climate change: We need all-of-the-above energy solutions
Advanced Biofuels Association
by Blake Christy
1M ago
[originally published in Gannett publications] With the climate crisis bearing down on us after the hottest year on record, it is irresponsible to limit emissions reductions efforts to a simple dichotomy between electric or fuel. The stakes are simply too high for America not to use every tool available. Only with an all-of-the-above, inclusive climate strategy that prioritizes all carbon-reducing technologies available do we have a chance of meaningfully reducing our transportation-based carbon emissions, and avoiding siloed disruptions, as we’re now witnessing with the national rollout ..read more
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Biden SAF Action Pivotal for Biofuels
Advanced Biofuels Association
by Blake Christy
1M ago
[originally published in Progressive Farmer] U.S. farmers and ethanol producers will be a key cog in the growth of the sustainable aviation fuel industry for the foreseeable future after the U.S. Department of Treasury announced Friday it will use a modified version of a popular greenhouse gas (GHG) emissions model to determine how it allocates tax credits in the Inflation Reduction Act. Using the Greenhouse Gases, Regulated Emissions and Energy Use in Technologies, or GREET, model will allow the Treasury to accurately determine ethanol’s carbon footprint. Because the model uses the latest rea ..read more
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GREET is in for SAF: Santa comes early for the bioeconomy
Advanced Biofuels Association
by Blake Christy
1M ago
[originally published in Biofuels Digest] In Washington, the U.S. Department of the Treasury and Internal Revenue Service released guidance on the Sustainable Aviation Fuel Credit established by the Inflation Reduction Act, and said that pending further guidance from the Treasury Department, an updated GREET model will provide another methodology for SAF producers to determine the lifecycle GHG emissions rates of their production for the purposes of qualifying for the SAF Credit for SAF sold or used during calendar years 2023 and 2024. In addition, EPA, DOT, USDA, and DOE are an ..read more
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Corn ethanol-based SAF’s eligibility for US tax credit still unclear after federal guidance issued
Advanced Biofuels Association
by Blake Christy
1M ago
The U.S. Department of the Treasury and Internal Revenue Service released Dec. 15 their much-anticipated guidance on the sustainable aviation fuel (SAF) tax credit established by the Inflation Reduction Act.   Contentious debate has ensued over the past several months on which emissions model the treasury department will use to determine greenhouse-gas (GHG) reductions—U.S. DOE’s GREET model or the International Civil Aviation Authority’s Carbon Offsetting and Reduction Scheme for International Aviation. This will determine how much of the SAF tax credit a fuel will be eligible f ..read more
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Biden delivers victory to corn growers with sustainable aviation fuel guidance
Advanced Biofuels Association
by Blake Christy
1M ago
[originally published in the Washington Examiner] The Biden administration said Friday it would allow ethanol-based fuels to be included in its sustainable aviation fuel tax credit qualifications, delivering a victory to corn growers. According to the Treasury Department, which published the tax credit guidance, fuels that reduce greenhouse gas emissions by at least 50% are eligible for the credit, thus allowing the ethanol-based fuel to qualify. But it will also update the methodology by March 1, meaning any victory could be short-lived. “Sustainable aviation fuel wil ..read more
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