Policy

January 16, 2020

IRS publishes guidance on claiming 2018-’19 biodiesel tax credit

BY Ron KotrbaThe IRS published guidance Jan. 15 for companies seeking to claim the biodiesel and renewable diesel tax credit for 2018-’19. The IRS is providing a 180-day period for companies to claim retroactive tax credits, beginning Feb. 14 and ending Aug. 11. READ MORE

January 16, 2020

Shaw says IRFA ready, willing to work with EPA in 2020

BY The Iowa Renewable Fuels Association At the 2020 Iowa Renewable Fuels Summit Jan. 16, IRFA executive director Monte Shaw addressed attendees on the state of the Iowa biofuels industry, characterizing it as frustrated but focused on moving forward, working cooperatively with EPA in 2020. READ MORE

January 15, 2020

President Trump signs Phase 1 trade agreement with China

BY Ron KotrbaPresident Trump signed the Phase One trade deal between the U.S. and China Jan. 15, a move expected to deescalate trade tensions between the two countries while reopening key markets for U.S. farmers. Chinese tariffs on U.S. soybeans remain in place. READ MORE

January 14, 2020

Washington Gov. Inslee urges state to adopt Clean Fuel Standard

BY Erin VoegeleWashington Gov. Jay Inslee visited the Port of Seattle Jan. 10 to call on the state legislature to adopt a Clean Fuel Standard during its 2020 legislative session. He was joined by Alaska Airlines, which has announced its support for the program. READ MORE

January 10, 2020

GAO to investigate EPA’s misuse of small refinery exemptions

BY The Office of Rep. Abby Finkenauer Rep. Abby Finkenauer announced the Government Accountability Office will begin an investigation into the U.S. EPA’s granting of SRE waivers to the RFS. This investigation is a result of Finkenauer leading a bipartisan request to the GAO. READ MORE

January 03, 2020

Inside NBB: The Importance of the Biodiesel Tax Credit

BY The National Biodiesel Board In November, the NBB released a new report, “The Importance of the Biodiesel Tax Credit,” written by ABF Economics. It explains how tax and RIN credit values are crucial in helping biodiesel producers compete with petroleum and expand production. READ MORE

January 03, 2020

Inside NBB: NYC is Heating Up with America’s Advanced Biofuel

BY The National Biodiesel Board NYC requires all city fleet vehicles and equipment to use B20 biodiesel from April through November, and B5 from December through March. However, biodiesel has performed so successfully that the city has started some B20 use year-round. READ MORE

January 02, 2020

USDA issues final rule for Advanced Biofuel Payment Program

BY Erin VoegeleThe USDA Rural Business-Cooperative Service published a final rule Dec. 27 for the Advanced Biofuel Payment Program. A proposed rule was first issued in April 2010. An interim rule published in February 2011 was in effect for the past nine years. READ MORE

December 31, 2019

Inside NBB: National Voter Survey Shows Strong Support for Biodiesel Industry

BY The National Biodiesel Board Each year the NBB conducts online surveys of U.S. voters to track trends and gauge awareness of biodiesel. This year the poll gathered responses from 1,064 registered voters and showed consistent results with prior polling from 2017 and 2018. READ MORE