Motor Fuels Tax Minute, Episode 43: Biofuel Feedstock

Motor Fuels Tax Minute: Non-Tax Specific Permits for Biofuel Feedstocks

In this week’s episode of Motor Fuels Tax Minute, our hosts discuss non-tax specific permits for biofuel feedstocks.

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Detailed Description of Weaver’s Motor Fuels Tax Minute, Episode 43

1. 00:00:00
   Emilda: Welcome to Weaver’s Motor Fuels Tax Minute, the vlog where we talk all things motor fuel. This week Leanne will talk a little bit about non-tax specific permits for biofuel feedstocks.
2. 00:00:13
   Leanne: That’s right, Emilda. And I’m sure people are wondering, this is the Motor Fuels Tax Minute, so why are we talking about permits that are not tax-specific? And that’s because as our sustainable aviation fuel industry, and some of our other biofuel industries, really start to expand and grow with the new energy evolution and the clean energies, we have to think about the feedstocks that are being used to produce them. And a lot of these feedstocks are coming from outside of the United States, things like tallow and used cooking oil. It’s so easy to forget that there might be permits for these products. They are food-based products, after all, and there are permits within the USDA. Tallow requires you to reach out to the USDA and let them know you plan to do it, and they’ll give you an import authorization. Used cooking oil is a little more in-depth. They require an actual veterinary permit from their veterinary division that shows that the used cooking oil meets all standards. You’ve got to be careful where it’s coming from as well. A lot of the EU is restricted, and you cannot bring in these feedstocks from many EU countries. So, while it sounds like it may be easy enough to bring in a feedstock and then get your 637 and other state permits to produce your biofuel, you’ve got to remember those USDA permits so you don’t get tripped up at the border.
3. 00:01:36
   Kelly: That is such a great point, Leanne, and something that we usually miss sometimes because we’re so focused on gasoline and diesel and all the big ones. These little products, to your point, can have environmental fees attached to them. They can have gross receipts tax, so definitely worth making sure you’re following the rules and regulations. And if you have any questions, we’re here to help you out at Weaver.

So that was this week’s Motor Fuels Tax Minute. Our last one, which went through net, billed, and gross, was actually sent in by one of our viewers and he received some Weaver swag. So just as a reminder, if you want some swag, send us over some ideas and we will do a presentation on it. And you’ll get a little something from Weaver.

Thanks for listening.

SDGs, Targets, and Indicators in the Article

1. SDG 7: Affordable and Clean Energy

   • Target 7.2: Increase substantially the share of renewable energy in the global energy mix
   • Indicator: Not mentioned in the article

2. SDG 12: Responsible Consumption and Production

   • Target 12.2: By 2030, achieve sustainable management and efficient use of natural resources
   • Indicator: Not mentioned in the article

3. SDG 13: Climate Action

   • Target 13.2: Integrate climate change measures into national policies, strategies, and planning
   • Indicator: Not mentioned in the article

4. SDG 15: Life on Land

   • Target 15.2: Promote the implementation of sustainable management of all types of forests
   • Indicator: Not mentioned in the article

Explanation of Findings

The article discusses non-tax specific permits for biofuel feedstocks, which are relevant to several Sustainable Development Goals (SDGs). The identified SDGs include:

SDG 7: Affordable and Clean Energy

This SDG is connected to the article because biofuels are a form of renewable energy. The use of biofuel feedstocks contributes to increasing the share of renewable energy in the global energy mix, as stated in Target 7.2.

SDG 12: Responsible Consumption and Production

This SDG is addressed in the article because it emphasizes the need for sustainable management and efficient use of natural resources, as mentioned in Target 12.2. The permits for biofuel feedstocks ensure that these resources are used responsibly.

SDG 13: Climate Action

This SDG is connected to the article because biofuels, produced from biofuel feedstocks, contribute to reducing greenhouse gas emissions and mitigating climate change. Target 13.2 emphasizes the integration of climate change measures into national policies, which includes promoting the use of biofuels.

SDG 15: Life on Land

This SDG is relevant to the article because it focuses on the sustainable management of forests. Biofuel feedstocks can come from various sources, including forests. Target 15.2 promotes the implementation of sustainable management practices for all types of forests.

Unfortunately, the article does not mention any specific indicators that can be used to measure progress towards the identified targets. However, it provides valuable information about the permits required for biofuel feedstocks, highlighting the importance of responsible consumption and production, clean energy, climate action, and sustainable land management.

Table: SDGs, Targets, and Indicators

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: marketscale.com

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