The surge in exports is a response to U.S. government incentives to boost the use of more environmentally friendly fuel
BEIJING, China (Reuters) — U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking oil, worth almost US$390 million in the last 12 months and growing rapidly, China’s customs data shows. China has been shipping more waste oil to the United States since October 2022, two […] Read moreTag Archives Biodiesel
Clean fuel regs backlash blamed on flawed assumption
Feds pressured to ‘rethink’ program, but biofuel sector points finger at faulty economic assessment that inflated costs
Advanced Biofuels Canada said Canada’s new Clean Fuel Regulations are unfairly under attack. “There is a massive pushback on the Clean Fuel Regulations based on highly inaccurate information,” said president Ian Thomson. The Parliamentary Budget Officer (PBO) released a report in May forecasting the impact of the CFR on average households. The report relies on […] Read more
Animal fat demand squeezes pet food makers
Biofuel likes the attractive greenhouse gas emission reduction ratings, but stiffer competition alarms pet food industry
The biofuel sector is consuming more animal fats and that is creating stiff competition for the more traditional users of the product.
EPA’s renewable fuel rule called ‘missed opportunity’
The U.S. Environmental Protection Agency has tapped the brakes on the renewable diesel sector and the oilseed industry that feeds it, say analysts and officials. In its final rule on renewable fuel obligations, the EPA made very modest changes to its disappointing proposed rule issued on Dec. 1, 2022. It kept the 2023 biomass-based diesel […] Read more
Clean energy decision could soon impact oilseed markets
June promises to be momentous for the oilseed market, including canola, and for the future of bio-based diesel and aviation fuel as American lawmakers make several important decisions. The U.S. Environmental Protection Agency last week sent to the White House its final rule regulating biofuel blending for 2023-25. The first public release of the EPA’s […] Read more
Renewable fuel sector could be devastated
Canada’s biodiesel and renewable diesel sectors will be obliterated by a new subsidy program in the United States unless the Canadian government responds in kind, say two lobby groups. The industry suffered a huge blow last year when U.S. president Joe Biden signed into law the Inflation Reduction Act of 2022 (IRA). One of the […] Read more
Indonesia plans to boost biodiesel mandate to 35 percent
The higher mandate would likely increase palm oil use domestically and decrease the amount that the country exports
Rising biodiesel mandates around the world will help keep vegetable oil supplies tight in 2023. Indonesia has announced plans to implement a 35 percent mandate (B35) as early as January 2023, according to a Mecardo analysis that appeared on the UkrAgroConsult website. “This will increase domestic Indonesian palm oil demand, providing support for palm oil […] Read more
Indonesia boosts biodiesel mandate
Rising biodiesel mandates around the world will help keep vegetable oil supplies tight in 2023. Indonesia has announced plans to implement a 35 percent mandate (B35) as early as January 2023, according to a Mecardo analysis that appeared on the UkrAgroConsult website. “This will increase domestic Indonesian palm oil demand, providing support for palm oil […] Read more
Biodiesel filling gaps left by idled petroleum processing
I wonder if all the new renewable diesel projects announced across North America will be a solution to the shortage of oil-refining capacity or will they become the bad guys? Fuel prices are posting record highs and a large reason for the run up is the rally in crude oil but even then, fuels are […] Read more
Argentina hikes biodiesel blend to counter fuel shortage
South American country concerned about poor supplies and high prices for country’s agriculture sector
BUENOS AIRES (Reuters) — Argentina’s government will raise required biodiesel content in diesel blends in a bid to address a prolonged shortage of the motor fuel, especially for the country’s key agricultural sector, the energy ministry announced recently. The measure could squeeze local supplies of soybean oil, used to make biodiesel in the South American […] Read more
