!["We're pretty confident there's going to be something in the [federal government's] Fall Economic Statement, but we'll see next week," said Ian Thomson, president of Advanced Biofuels Canada (ABFC). | Getty Images](https://static.producer.com/wp-content/uploads/2023/11/17122957/biofuel-GettyImages-155419399-660x420.jpg)
Editor’s note: This story was updated with a link to the federal government’s 2023 Fall Economic Statement on Wednesday November 22, 2023 – the day following its release. Canada’s biofuel and oilseed sectors will be closely scrutinizing the federal government’s 2023 Fall Economic Statement. They hope the Nov. 21 statement provides some indication how Ottawa […] Read more
Tag Archives SAF — page 4
Crops want in on tax credit
Canola and soybean growers are lobbying to have their crops recognized as eligible feedstocks for the new sustainable aviation fuel tax credit in the United States. The credit is contained in the Inflation Reduction Act signed into law by U.S. President Joe Biden last year. The value of that credit will be determined by the […] Read more
China increases used cooking oil sales to U.S.
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 more
Canola, soybean growers want in on aviation fuel tax credit
Canola and soybean growers are lobbying to have their crops recognized as eligible feedstocks for the new sustainable aviation fuel (SAF) tax credit in the United States. The credit is contained in the Inflation Reduction Act signed into law by U.S. President Joe Biden last year. The value of that credit will be determined by […] Read more
Sustainable aviation fuel facility proposed for Manitoba
Provincial and federal governments kick in $2.9 million to support an engineering design study for the $1.9 billion project
Douglas Cole said he believes the market for sustainable aviation fuel is poised to skyrocket. The feedstocks for the proposed sustainable aviation fuel plant in Portage la Prairie would likely be canola and soybean oil.
Boeing high on renewable aviation fuel potential
U.S. Environmental Protection Agency says renewable jet fuel produced from canola oil cuts emissions by 59 to 67 percent
Sustainable aviation fuel is by far and away the most effective carbon emissions mitigation tool, reducing emissions by 55 percent.
