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Iowa gives B11 and above a tax break

Green Car Congress

Iowa Governor Terry Branstad signed into law a bill ( Senate File 257 ) which, among other things, raises the state’s fuel tax while providing a small incentive for biodiesel. A provision of the bill gives a partial exemption to the new tax for diesel blended with at least 11% biodiesel (B11).

Iowa 150
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Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. The feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling more than 20,000 milking cows.

Financing 334
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UPS announces renewable diesel agreements with Neste, REG and Solazyme; up to 46M gallons over next 3 years

Green Car Congress

UPS announced agreements for up to 46 million gallons of renewable diesel over the next three years, constituting a 15-fold increase over prior contracts and making UPS one of the largest users of renewable diesel in the world. Neste, headquartered in Espoo, Finland, is the world’s largest producer of renewable diesel.

Renewable 150
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Techno-economic Study of Bio-oil to Naptha and Diesel Finds Calculated Costs Competitive with Other Kinds of Alternative Fuels

Green Car Congress

A team from Iowa State University and ConocoPhillips, Biofuels R&D performed a techno-economic study examining the fast pyrolysis of corn stover to bio-oil with subsequent upgrading of the bio-oil to naphtha and diesel range fuels. per gallon of gasoline equivalent ($0.82 Fuel product value estimates are $3.09 per liter).

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EPA proposes biofuel requirements for 2019

Green Car Congress

The US Environmental Protection Agency (EPA) Administrator Scott Pruitt issued a proposed rule under the Renewable Fuel Standards (RFS) program that would set the minimum amount of renewable fuels that must be supplied to the market in calendar year 2019, as well as the biomass based diesel volume standard for calendar year 2020.

2019 170
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ITOCHU invests in Flint Hills/Benefuel biodiesel project in US

Green Car Congress

Flint Hills Resources, LLC, through its subsidiaries, markets products such as gasoline, diesel, jet fuel, ethanol, biodiesel, olefins, polymers and intermediate chemicals, as well as base oils and asphalt. Flint Hills Resources operates ethanol plants in Fairbank, Iowa Falls, Menlo and Shell Rock, Iowa and Fairmont, Neb.

Nebraska 207
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EPA proposes slight ease in 2018 renewable fuel volumes compared to 2017; gearing up for future reset

Green Car Congress

Further, EPA is proposing no increase, relative to the finalized 2018 levels, in the volume requirement for biomass-based diesel for 2019. The biomass-based diesel standard for 2019 would be maintained at the 2018 levels of 2.1 Biomass-based diesel (billion gallons). Biomass-based diesel standard is final for 2018.

2018 150