The agency says exports picked up steam this year in countries such as Canada, India and Japan and that the new Regional Agricultural Promotion Program will keep the wheels of progress turning in 2024.
Renewable diesel consumption in the U.S. hit 28 million barrels in 2021, according to the Energy Information Administration. California burned up 99% of that consumption rate.
Under the Clean Air Act, those affected by this decision have the right to request a judicial review with the US Court of Appeals within 60 days of the notice's Federal Register publication.
"Nearly two decades of data prove that the supposed ‘cost’ to refiners is an accounting fiction, and EPA’s decision reflects those facts,” said Emily Skor, Growth Energy CEO.
EPA released biofuel blending obligations under the Renewable Fuel Standard on Tuesday. While EPA says the decision will reduce reliance on oil imports, some biofuel industry leaders do not approve.
The White House set a goal of producing 3 billion gal. of sustainable aviation fuel (SAF) by 2030. Senators say outdated climate data is keeping producers from reaching the finish line, but a new bill could change that.
Final blending levels under the Renewable Fuel Standard (RFS) are under review for 2023 and beyond. EPA is required to finalize the RFS levels by June 14, as per a consent agreement reached in court with Growth Energy.
Some 44% of U.S. soybean oil will go to biofuels during the current marketing year, said the monthly WASDE report. Two years ago, the biofuel share of soyoil consumption was 37%.
Renewable diesel is revving up interest from both agriculture and the oil industry, and now oil and agriculture companies are teaming up to find additional crop sources to fuel the growing demand.
The Fifth Circuit Court of Appeals on Friday suspended the RFS compliance obligations for two refineries that were denied small refinery exemptions by EPA in 2021.
Vilsack said USDA believes there are more options for farmers other than “get big or get out. There’s got to be a system in which the many and most have a fair shot.”
“The funds awarded today by the DOE will undoubtedly accelerate the innovations taking place at U.S. ethanol plants, opening new opportunities for low-cost, low-carbon energy,” says Growth Energy's Emily Skor.
“A lot of people looked at the smaller landlocked crush facilities and said, ‘Does that make sense?" I think those locations will go away, and I’m not sure they should have been there to begin with," Fife says.
EPA is seeking comment on it's proposed RFS levels for 2023-2025, in addition to comments on environmental impacts from the RFS to include: assessments of air, water and soil quality, and biodiversity.
Renewable diesel capacity topped 2 billion gallons per year as of August, according to the latest data released from the U.S. Energy Information Administration. But EPA used a lower figure.
EPA's 479-page RFS ruling can be difficult to sift through and interpret. Jim Wiesemeyer breaks down the heavy-hitting components that will impact producers.
Proposed renewable fuel volume targets, electric vehicle's seat at the RFS table and year-round E15 odds: Here's everything you need to know about renewable fuel's big week on The Hill.
EPA is facing a Nov. 30 deadline to propose 2023 renewable fuel blending levels as part of a negotiated deal with Growth Energy, which sued EPA for failing to deliver the proposed levels by the statutory deadline.
The GAO study released on Thursday found small oil refineries pay more than larger competitors to fulfill their blending obligations, showing EPA's reason to deny refinery exemption petitions is inaccurate.
A team of researchers is working to introduce genes that increase the genetic diversity of the plant and allow it to produce higher levels of oil, which could then be introduced in crops that don’t produce oil today.
These funds—separate from the $500 million recently enacted through the Inflation Reduction Act—will be used for facility installation, retrofitting and pump upgrades, along with new equipment and buildings.
The reconciliation bill is heading to the House on Friday with many provisions on ag. Here's what producers need to know about the Inflation Reduction Act.
BioUrja Ethanol Trading Manager Jordan Fife shared fuel blending insights on AgriTalk earlier this week while Rep. Axne questioned Build Back Better's biofuel funding in a House Ag. Committee hearing.
The 2021 National Biodiesel Conference & Expo kicked off in a virtual fashion Tuesday. The conference and expo are held and sponsored by some of the top names in the renewable fuels and biodiesel industries.
“Our overrun bushels, [the ones not marketed yet] become a challenge,” Jason says. “I’m just not sure without an increase in the crude oil market and an increase in demand from either ethanol or China."
The biodiesel tax incentive, dormant since it was last approved retroactively in 2018, is showing signs of life as Congress rushes toward and end-of-year funding bill.
Now, the EPA has a new boss, Andrew Wheeler.
During a one-on-one interview with AgDay host Clinton Griffiths, Wheeler says the EPA wants to have a closer relationship and open up the conversation with farmers.
U.S. oil refiners seek change in the federal mandate requiring them to blend biofuels. Yet the market in biofuel credits shows they’re getting some of what they want anyway.
Iowa Secretary of Agriculture Bill Northey confirmed by the U.S. Senate to become an undersecretary in the U.S. Department of Agriculture. His Confirmation was held up by Texas Senator Ted Cruz (R).