Wisconsin state lawmakers on Sept. 22 announced the introduction of the Forestry Revitalization Act, a bill that aims to provide $210 in incentives to attract the development of a proposed $1.5 billion woody biomass-to-sustainable aviation fuel (SAF) project.
The legislation was introduced by Wisconsin Sen. Mary Felzkowski (R-Tomahawk) and Wisconsin Rep. Chanz Green (R- Grand View) with the support of industry leaders, local officials, and investors.
The proposed project is under development by a Germany-based company. According to Felzkowski, communities in Michigan and Minnesota are also vying for the project. If Wisconsin successfully attracts the project, the proposed SAF facility is expected to be developed in Hayward, Wisconsin.
>> In Other News: Global Energy Partner Backs Max Power Mining With $5 Million to Target Natural Hydrogen Discovery in Saskatchewan
The Forestry Revitalization Act would create a $210 million incentive for the project, including $60 million in Wisconsin Economic Development Corporation (WEDC) Enterprise Zone Tax Credits and $150 million in state bonding through the forestry account.
Green estimates the project will result in 350 high paying jobs, while also creating an economic boost for landowners, loggers, truckers and related sectors.
The facility is currently expected to begin operations in 2029. Once fully operational, the biorefinery would convert CORSIA-qualified woody biomass, including bark, branches, cutter shavings, treetops, into SAF and naphtha, primarily for export into the European market.
The facility is expected to take in approximately 880,000 tons of feedstock annually. The bill would require 80% of the wood used as feedstock in the biorefinery to be sourced from within Wisconsin. The legislation also includes a guarantee that the facility must be used for the production of SAF at least until the maturity of the bond.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛠️ Tallgrass Found the CO2 Pipeline Formula Others Missed 🚂 HyOrc & Zeltech Advance Practical Locomotive Retrofit Pathway as U.S. Rail Emissions Face Growing Scrutiny 💰 Secre...
Inside This Issue 💰 How 45Q Credits Revived This Troubled $9B Megaproject 🍁 Commencement of First Phase Operations for a Carbon Capture and Storage (CCS) Project in Canada 🤝 Haffner Energy Secures...
Inside This Issue 💼 The Deal Structure Everyone's About to Copy 📈 Exxonmobil Raises Its 2030 Plan – Transformation Delivering Higher Earnings, Stronger Cash Flow, and Greater Returns ⚡ Nextera Wor...
C2X to Deliver 3.6 Million Metric Tons of Carbon Removal to Microsoft Over 12 Years
HOUSTON, TEXAS, December 11, 2025: C2X Ltd. has, through its subsidiary Beaver Lake Renewable Energy LLC (Beaver Lake), signed a long-term agreement with Microsoft for the sale and purchase of high...
Sandpiper Chemicals Selects Air Water Gas Solutions as ASU Provider for Its Blue Methanol Facility
Sandpiper Chemicals, LLC is pleased to announce that it has selected Air Water Gas Solutions Inc. as its presumptive industrial gases supplier for its Texas City, TX blue methanol facility. Air Wa...
SOUTH SAN FRANCISCO, Calif. — (BUSINESS WIRE) — Ebb, a climate and water technology company, has signed a prepurchase agreement with Google to remove 3,500 tons of CO₂ from the atmosphere. The agre...
KBR Awarded Green Ammonia Project by IGNIS in Spain
HOUSTON, Dec. 15, 2025 (GLOBE NEWSWIRE) — KBR, Inc. (NYSE: KBR) announced today that it has been awarded a technology and engineering contract by IGNIS for a new green ammonia facility in A Coruña,...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.