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EIA: US renewable diesel capacity could more than double through 2025

Green Car Congress

EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.

Renewable 195
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Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs. Established in 2013, AltAir Fuels was created to produce low carbon fuels and chemicals derived from sustainable feedstock. Earlier post.). Delek US Holdings, Inc. Delek US Holdings, Inc.

Renewable 150
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Syntroleum/Tyson JV plant opens; fats and greases into renewable fuels

Green Car Congress

To date, the Geismar, Louisiana, plant has manufactured renewable diesel with a cloud point as low as minus 26°F and cetane as high as 88, more than twice that of the ASTM petroleum diesel specification. Dynamic Fuels is a 50:50 joint venture between Syntroleum and Tyson Foods. Earlier post.)

Renewable 186
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EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

Green Car Congress

The Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule for Model Years 2021-2026 Passenger Cars and Light Trucks (SAFE Vehicles Rule) initiated a process to establish a new 50-state fuel economy and tailpipe carbon dioxide emissions standard for passenger cars and light trucks covering MY 2021 through 2026. —Andrew Wheeler.

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Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America

Baua Electric

GM CEO Mary Barra – Photo by Steve Fecht for General Motors In late 2019 Trump effectively nixed an extension of the tax credit for Tesla and GM, which had already reached their 200,000-vehicle caps under the former framework. ExxonMobil oil refinery, Baton Rouge, Louisiana, by WClarke [CC BY-SA 4.0] businesses.