Biodiesel
The RFS Set 2 rule is projected to increase net farm income by $4 billion and create a $31 billion market for corn and soybean oil while supporting 100,000 new rural jobs.
Preceding President Donald Trump’s visit to a Clive, Iowa, farm, several groups sent a letter asking him to support biofuels policy that would provide certainty for corn and soybean farmers.
If EPA allows these waivers and the backlog of SREs from 2023 to 2025, without increasing the volumes in 2026 and 2027, it will mean lower biofuels production.
Steve Censky, CEO of the American Soybean Association says, “China imports more soybeans than the rest of the world combined and so you can’t make up the loss of the China market by gaining a little bit here or there.”
The agency is acting on a backlog of more than 175-petitions from 38-small refineries dating all the way back to 2016.
If tariffs prove inefficient, a positive EPA result — or even an executive order — will do.
The tax credit unlocks new value in your grain. But the ticket to entry is getting on-farm data ready to share
Brazil’s National Energy Policy Council (CNPE) approved increasing the percentage of ethanol mixed in gasoline.
The Office of Management and Budget is currently holding stakeholder meetings on the mandated biofuels blending levels. However, EPA is also considering the backlog of Small Refinery Exemptions.
Recent rumors put volumes for biomass-based diesel at 4.65 billion gallons, but Paul Winters, director of public affairs, Clean Fuel Alliance America, says EPA has assured them that number is false.
Kurt Kovarik, vice president of federal affairs, Clean Fuels Alliance America, says it is a historic agreement.
Ford began phasing out its flex fuel engine options starting with 2024 model year F Series trucks. Missouri farmers are asking the auto giant to reverse that decision and get back on board with ethanol.
The senior senator from Iowa wants E15 approved for year-round use, fair and tariff-free trade, plus more action and a lot less talk regarding tax cuts and budget reconciliation efforts in the Senate.
Steady investment in ‘green’ biofuels has promised new market demand for farmers and ethanol producers, but will that continue in 2025?
Concerns expressed by traders center on a potential shift in demand from biodiesel to ethanol due to year-round E15 sales. That is a questionable conclusion.
What you need to know about the 40A biofuels tax credit, 40B sustainable aviation fuel credit and 45Z clean fuel production credit.
The question becomes whether threats of tariffs include barring used cooking oil imports outright or merely tariffing the product, especially from China.
Brazil’s amendments to its domestic policies and increasing biodiesel mandates are likely to reduce the availability of used cooking oil for export, potentially reshaping its role in the global biofuel market.
The Farmer First Fuel Incentives Act has been introduced in both the Senate and the House. A bipartisan group of lawmakers has proposed extending the 45Z tax credit through 2034.
EPA 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.
Three tips if you’re considering regenerative practices and have the ability to deliver your crops to a biofuels plant.
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.
“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.
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.
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.
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.