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Bills Incentivizing Biofuels Introduced On The Same Day

Bills Incentivizing Biofuels Introduced On The Same Day Friday, March 5, 2021 On the same day, with the support of Representatives Axne and Davis, among others, U.S. Representative Dusty Johnson (R-SD) introduced the Adopt GREET Act. The Adopt GREET Act would require that EPA update its greenhouse gas (GHG) models for ethanol and biodiesel to reflect better the environmental benefits of agriculture and biofuels. Specifically, EPA would be obligated, under this Act, to adopt the Argonne National Laboratory’s Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation (GREET) Model for both biodiesel and ethanol fuels and update its model as needed every five years.

Carbon Intensity Is Important for Renewable Fuels Investments – Advanced BioFuels USA

by Dave Collings (1898 & Co./Burns & McDonnell) As developers, investors and plant operators explore options to increase production and market share of renewable fuels, the concept of carbon intensity (CI) must be well-understood. It might be the deciding factor that determines economic viability of your biofuels project. In California and an increasing number of other states, CI is the metric that will directly impact investment returns for renewable fuels production facilities. California’s Low Carbon Fuel Standard (LCFS) uses CI as a tool to measure the estimated life-cycle carbon emissions of a given fuel, relative to the energy it produces during combustion. This measurement is based on the Argonne National Laboratory Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation (GREET model).

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