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.Tag Archives biofuel — page 8
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
Oilseeds retooled for biofuel
ST. LOUIS, Mo. (Reuters) — Deep within a suburban St. Louis warehouse, rows of ID-tagged soybean plants, bred using artificial intelligence, stretch toward precision-timed grow lights and sway as fans circulate a custom mix of carbon dioxide and humidity. These soy varieties in Benson Hill’s 47,000 sq. foot “crop accelerator” produce beans with exceptionally high […] Read more
EPA’s renewable fuel rule called ‘missed opportunity’
Clean fuel producers, oilseed processors, fuel distributors and marketers have all made significant investments to grow the industry rapidly over the next several years. "The volumes EPA finalized today are not high enough to support those goals," said Kurt Kovarik, vice president of federal affairs with Clean Fuels Alliance America.
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
U.S. EPA finalizes biofuel blending mandate
Under the December proposal, oil refiners would be required to add 20.82 billion gallons of biofuels to their fuel in 2023, 21.87 billion gallons in 2024, and 22.68 billion gallons in 2025.
Bunge earnings take a hit
Supply disruptions because of the ongoing war in Ukraine and a severe drought in Argentina have dented earnings for the grains merchants.
ADM profit disappoints market
Demand for vegetable oils has soared as biofuel makers have expanded capacity to produce renewable diesel.
But weaker-than-expected oilseed crushing margins in key markets worried some investors.
Budget fails to respond to U.S. biofuel subsidy
Renewable fuel project developers were left hanging by Ottawa’s Budget 2023. They were looking for a bold response to the clean fuel production incentives contained in the U.S. Inflation Reduction Act 2022 (IRA). That did not happen. “We got more consultation,” said Bob Larocque, president of the Canadian Fuels Association. His member companies, which include […] Read more
New biofuel policy could crush Canadian dreams
Canadian canola producers have long sought closer-to-home markets for their products. The search was about to be realized as global demand for biofuels shot up, chasing new non-petroleum energy regulations around the planet. Projected demand for biofuels drove so much interest that companies including Viterra, Richardson, Cargill, Federated Co-ops, AGT and Parkland Corp. all declared […] Read more
