A collection of groups and interests immediately weighed in after the U.S. Treasury Department released its guidance Tuesday for U.S. biofuel producers to receive sustainable aviation fuel 40B tax credits. Some groups were encouraged by the guidance while others raised concerns over farmers having to use cover crops to qualify.
In 2018, Verbio North America Corp., a subsidiary of a German company, bought a closed Iowa cellulosic ethanol plant from DuPont and began its conversion. Verbio wasn t looking at cellulosic ethanol but saw an opportunity instead to convert corn stover to renewable natural gas (RNG).
The EPA received pushback on its Renewable Fuel Standard proposal for 2023 to 2025, as farmers and biofuel producers told the agency during a public hearing Tuesday that investments in soybean crush plants would be in jeopardy with the proposal.
Growth Energy CEO Emily Skor on Monday asked EPA Administrator Michael Regan to schedule an in-person public hearing in the Midwest on the agency s latest Renewable Fuel Standard proposal.