Published on
Wednesday, August 21 2024
Authors: Bailey Overton
Introduction The Inflation Reduction Act (IRA) 40B has left SAF producers and blenders with limited opportunities for participation. Given its short two-year credit window, coupled with delayed guidance and stringent regulations, 40B fails to provide the necessary framework for substantial growth in SAF production. However, four states have implemented tax…
Published on
Thursday, July 25 2024
Authors: Bailey Overton - Regulatory Consultant
In 2022, the U.S. Departments of Energy, Agriculture, and Transportation collaborated to establish the Sustainable Aviation Fuel (SAF) Grand Challenge. The U.S. aims to produce 3 billion gallons of SAF annually by 2030. The goal is to cover 100% of the aviation fuel demand with SAF by 2050, estimated at…
Published on
Wednesday, May 29 2024
Authors: Sandeep Sayal
Options for reducing marine industry carbon footprint The IMO (International Maritime Organization) 2020 sulfur regulation was a critical regulatory measure to reduce sulfur dioxide emissions from ships. It came into effect on January 1, 2020, with the regulation stipulating that the sulfur content in marine fuels used by ships should…
Published on
Wednesday, May 1 2024
Authors: Brian Graham (Senior Consultant)
The U.S. auto industry had a banner year in 2023, selling the most vehicles since 2019. Along with that success, the U.S. also sold more EVs than in any other year, topping 1 million (1.2 million) vehicles sold for the first time. At first glance it would appear that the…
