The Trump administration on Friday proposed to increase the amount of biofuels that oil refiners must blend into the nation’s fuel mix over the next two years, driven by a surge in biomass-based diesel mandates.
Tag Archives Renewable Fuel Standard
U.S. biofuel rules to throttle canola
Canadian biofuels will not be competitive in the U.S. market if they do not get the same credit and tax value as American biofuels
There are positives and negatives for Canada’s canola industry after a flurry of biofuel policy announcements in the United States.
Trump administration tells oil and biofuels groups to hash out new biofuel policy
U.S. President Donald Trump’s administration has asked oil and biofuels producers to hash out a deal on the next phase of the nation’s biofuels policy to avoid the kind of political clashes that marked his first term.
EPA audits used cooking oil
REUTERS — The U.S. Environmental Protection Agency has launched investigations into the supply chains of at least two renewable fuel producers amid industry concerns that some may be using fraudulent feedstocks for biodiesel to secure lucrative government subsidies. EPA spokesperson Jeffrey Landis said the agency has launched audits over the past year, but declined to […] Read more
Experts bearish on soybean crush, export demand
If U.S. soybean prices falter due to high ending stocks, it could affect canola price
SASKATOON — A leading agricultural economist thinks the United States soybean sector is going to have a “very ugly” 2024 and early 2025. Scott Irwin, professor of agriculture at the University of Illinois, is bearish on crush and export demand for the oilseed. Related stories: “Unless the U.S. has a substantial production problem this summer, […] Read more
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
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.
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.
