Clean Fuels industry outlines 2024 policy priorities
Clean Fuels Alliance America has set a number of policy priorities for 2024.
Kurt Kovarik, vice president of federal affairs, says the organization’s top focus will be the implementation of clean energy tax incentives that were included in the Inflation Reduction Act.
“Namely the blenders tax credit for sustainable aviation fuel that has yet to be implemented,” he said. “The Treasury put out some guidance back in December of 2023. We’ve got new modeling to score carbon intensity to help understand how that tax incentive is going to work. We’re expecting that March 1st.”
He tells Brownfield they will continue to push back against the U.S. EPA’s recent RFS volumes. “We’re telling them a lot of how badly they got the last round of the RVO’s,” he said.
“They put out a three-year set proposal for 2023, 2024, and 2025 vastly underestimating the ability of our industry to produce. And we worked for six months to try to impress upon them the amount of investment that was taking place in our industry.”
Kovarik says domestic production and use of advanced biomass-based diesel increased one billion gallons year-over-year in 2023.
He spoke to Brownfield at the 2024 Clean Fuels Conference.