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Biodiesel Magazine - The Latest News and Data About Biodiesel Production

Biodiesel Magazine - The Latest News and Data About Biodiesel Production
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Rural House Dems oppose stepped-up basis proposal

Legislative Watch: Ag groups urge to keep stepped-up basis; Congressional members want Vietnam to eliminate pork tariffs; Senate confirms Bronaugh.

Sustainable Aviation Fuels: Opportunity for Regional Development – Advanced BioFuels USA

by Laís Forti Thomaz and Amanda Gondim (Universidade Federal de Goias/Estadão (Google Translation))  In an article in Estadão, RBQAV researchers affirm that Brazil needs to seek international partnerships to fulfill an agreement    …  Aircraft operators are encouraged to use CORSIA Eligible Fuels (CEF) which are certified by a Sustainability Certification Scheme (SCS) approved by the ICAO Council. These fuels must achieve the reduction of GHG emissions based on the life cycle; respect areas of high importance for biodiversity, conservation and benefits for people in ecosystems, in accordance with national and international regulations; and contribute to local social and economic development, and must avoid competition from the raw material used with food. If companies do not use SAFs, they must buy carbon credits in the clearing market.

Front-line, farm-state Democrats push back against Biden tax plan

AP Iowa Rep. Cindy Axne is among 13 Democrats pressing party leaders to exempt family farms from a tax increase President Joe Biden has proposed on inherited assets.   TribLIVE s Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. WASHINGTON A group of 13 House Democrats, led by Iowa’s Cindy Axne and California’s Jim Costa, is pressing party leaders to exempt family farms from a tax increase President Joe Biden has proposed on inherited assets to help pay for new child care, education and other spending. Under Biden’s $1.8 trillion package of family-related assistance, heirs would no longer receive “stepped up basis” for capital gains tax purposes, which resets the value of inherited property to the date of death. Instead they’d be liable for the tax on the full appreciation in value from the time the original owner purchased the assets, in some cases many decades earlier.

Airlines get lift from corporate allies in shift to sustainable fuels

POLITICO Airlines get lift from corporate allies in shift to sustainable fuels Less than 1 percent of the more than 90 billion gallons of jet fuel burned globally each year is made with sustainable ingredients. Airplanes sit parked at Boeing Field in Seattle. | David Ryder/Getty Images Link Copied Some of the world’s biggest corporations are signing on to help decarbonize the aviation industry just as business travel is expected to rebound this year and send greenhouse gas emissions soaring . Microsoft, Siemens and Deloitte are among at least 14 companies that pledged last month alone to purchase sustainable aviation fuel, one of the few promising climate solutions airlines have to directly reduce their pollution. They have a long way to go.

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