Chemical Engineering Trends, Intellectual Property Litigation, & Industry Predictions – IMS Insights Podcast Episode 50
Renewable Diesel: The Next Generation Of Biofuels
On August 27, 2024, Brazilian President Luiz Inácio Lula da Silva signed five documents at a ceremony to approve the national energy transition policy: (i) revoking Decree 9.928/19, which established the Technical Committee...more
The Transportation Energy Institute (“TEI”) issued a July 25th report titled: Balancing the Benefits of Biofuels: The Economics of U.S. Crop-Based Fuel Production (“Report”). The Report describes itself as a...more
Good morning! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more
The U.S. Department of Energy’s (DOE) Bioenergy Technologies Office’s (BETO’s) Feedstock-Conversion Interface Consortium (FCIC) intends to issue in September 2024 an Industrial Partnership Call (IPC) to allow collaboration...more
On May 29, 2024, the Board of Directors of the Brazilian Agency of Petroleum, Natural Gas and Biofuels (ANP) published Resolution No. 322/2024, approving the geo-economic studies relating to four pre-salt blocks: (i)...more
The past few weeks have been intense, with many discussions in the energy sector about Brazil's prospects in the energy industry. Brazil's potential to continue being a leader in biofuels and clean energy, along with...more
As the aviation market moves towards a more sustainable future and fuel source, Brazil and other Latin American countries are likely to serve as key production locations for SAF due to their unique natural endowments and...more
The U.S. Department of Agriculture (USDA) announced on April 23, 2024, that it is funding more than 700 clean energy projects to lower energy bills, expand access to domestic biofuels, and create jobs and new market...more
The IRA created substantial tax credits for SAF. Under Section 40B, SAF producers who meet certain requirements can claim a credit of at least $1.25 per gallon of SAF. Among other things, eligible SAF must achieve lifecycle...more
Project developers in the EV, solar, wind, battery, CCUS, hydrogen, biofuels, and energy efficiency markets have been blessed by the IRS with the ability to transfer tax credits directly to willing buyers. Tax equity...more
The U.S. Environmental Protection Agency (EPA) announced on April 3, 2024, that it has rescheduled its public webinar to discuss the implementation of the Biogas Regulatory Reform Rule (BRRR) provisions promulgated as part of...more
On March 15, 2024, the U.S. Department of Energy (DOE) announced the release of the Bioenergy Technologies Office’s (BETO) 2023 Billion-Ton Report (BT23), the fourth in a series of assessments of potential biomass resources...more
The U.S. Environmental Protection Agency (EPA) will host a public webinar on April 4, 2024, to discuss the implementation of the Biogas Regulatory Reform Rule (BRRR) provisions promulgated as part of the Renewable Fuel...more
The U.S. Department of Agriculture (USDA) released on March 14, 2024, a report entitled Building a Resilient Biomass Supply: A Plan to Enable the Bioeconomy in America, “a plan that will boost biomass supply chain resiliency...more
The U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced on February 13, 2024, their intent to issue funding to support research and...more
The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE) announced on February 22, 2024, the release of a Funding Opportunity Announcement (FOA), “Inflation Reduction Act Funding for Advanced...more
On Jan. 22, Sens. Jerry Moran (R-KS), Amy Klobuchar (D-MN), Joni Ernst (R-IA), Tammy Duckworth (D-IL) and Chuck Grassley (R-IA) introduced the Farm to Fly Act (S.3637) in the Senate. The purpose of the bill is to enable...more
On December 15, 2023, IRS published Notice 2024-06, a brief but important guidance on Section 40B, the Inflation Reduction Act (“IRA”) tax credit for sustainable aviation fuel (“SAF”). The guidance establishes a safe harbor...more
The United States Energy Information Administration (“EIA”) published a December 11th report entitled: New Renewable Fuel Standard Volume Targets Facilitate Renewable Natural Gas Production (“Report”)...more
On November 14, 2023, Representatives Nikki Budzinski (D-IL) and Zach Nunn (R-IA) introduced bipartisan legislation that would increase biofuel production and reduce energy costs. The Agricultural Biorefinery Innovation and...more
The Inflation Reduction Act’s broad tax incentives for certain investments in renewable energy sparked a flood of capital investment, hastening the development of clean energy infrastructure nationwide. According to an...more
The U.S. Environmental Protection Agency (“EPA”), which administers the federal renewable fuels program known as the Renewable Fuel Standards (“RFS”), has been grappling with the best approach to incorporating electric...more
As the aviation industry pins its hopes on sustainable aviation fuel (SAF) to achieve Net Zero carbon emissions by 2050, Joe Clinton, Matthew Townsend, Richard Chamberlain and Ying-Peng Chin outline the regulatory, investment...more
The Federal Aviation Administration (FAA) announced $300 million in funding for projects to help the aviation sector reach net-zero emissions by 2050. The application window is now open for $245 million in Fueling Aviation's...more