The crop could be a good fit in Western Canada because of its short maturity and low water requirements
SASKATOON — Camelina is poised for takeoff as the renewable diesel and sustainable aviation fuel industries grow, says a promoter of the crop. Mike Karst, senior vice-president of Global Clean Energy and president of its subsidiary Sustainable Oils, has been promoting the oilseed since 2007. There have been many momentum ebbs and flows during that […] Read moreTag Archives sustainable aviation fuel — page 4
U.S. to release fuel subsidy guidance
Reuters — U.S. Agriculture Secretary Tom Vilsack said he was confident the Treasury Department would release guidance by the end of the year that would make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies. The Biden administration faces a strong lobbying push from stakeholders in the U.S. Farm Belt […] Read more
!["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)
Biofuel sector hopes for sign from feds
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
Petroleum increases its influence on crop prices
The connection began with biodiesel and has risen with the production of renewable diesel and sustainable aviation fuel
The job of a grains and oilseeds analyst has become more complicated. “We can’t look at ag commodities in isolation anymore,” said Owen Wagner, senior analyst with Rabobank. “We always have to have an eye on petroleum in the background.” The link between those commodities started in 2006-07 when 10 percent of the soybean oil […] Read more
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.
Sustainable aviation fuel plant proposed for Manitoba
Douglas Cole, who worked in the oil and gas industry for decades before founding True North in 2017, said producing sustainable aviation fuel in Manitoba will help create a "Made in Canada" solution to carbon emissions.
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
