LCFS Q1 net credit output retreats from record highs
Net credit generation under California’s Low Carbon Fuel Standard (LCFS) trailed behind last quarter’s historic highs on lower renewable diesel (RD) and ethanol contribution to the total, according to state data published Wednesday.
Read MoreUS senators call for restriction on upcoming biofuels tax credit eligibility
A bipartisan group of US senators on Tuesday urged President Joe Biden’s administration to limit an upcoming biofuels tax credit to those produced from domestic feedstocks.
Read MoreRD credit generation to push the swell of Canada clean fuels bank to 10.4 mln credits by 2030, analysts say
Renewable diesel (RD) will comprise a majority of credit generation in Canada’s Clean Fuel Regulation (CFR) market by 2030, analysts told a webinar Wednesday, as an industry association speaker pointed to factors that could impact the actualisation of that trajectory.
Read MoreMichigan governor vetoes ethanol tax credit from state budget
Governor Gretchen Whitmer (D) vetoed an ethanol tax credit from the state budget on Wednesday to the dismay of the biofuels industry, although a market observer considered the subsidy to have a minimal impact on Renewable Identification Number (RIN) prices.
Read MoreUS appeals court rejects EPA denials of small refinery biofuel waivers
The US Environmental Protection Agency’s (EPA’s) 2022 decision to deny small refinery waivers under the Renewable Fuel Standard (RFS) was rejected in a federal appeals court Friday.
Read MoreCalifornia diesel, gasoline consumption in April drops as retail prices soar
California diesel sales in April fell below last year’s levels for the first time in 2024, while gasoline monthly consumption continued to remain below 2023 usage into the start of the second quarter, state data published this week showed.
Read MoreClean fuels trade group notifies US EPA of intent to sue over RFS rulemaking delay
A clean fuels trade group said Wednesday that it has sent the US Environmental Protection Agency (EPA) a notice of the organisation’s intent to sue over the agency’s failure to issue timely 2026 volumes under the Renewable Fuels Standard (RFS).
Read MoreSugarcane producers could receive $4/t under Brazilian benefit-sharing scheme -media
Sugarcane suppliers could receive R$2-3 ($0.50) per tonne of cane converted into ethanol and then CBio credits, which represent 1 tonne CO2 avoided relative to conventional fossil fuels in Brazil’s RenovaBio compliance carbon market, according to local media.
Read MoreINTERVIEW: Brazil’s interlocking carbon markets work to reconcile
Brazil must synergise its forthcoming ETS with the preceding RenovaBio carbon pricing scheme linked to biofuels production, according to a Brazilian economist, as regulatory uncertainty, financial speculation, and the unknown socioeconomic consequences of applying the schemes simultaneously provide shaky ground for successful implementation.
Read MoreUS ammonia, biofuels producers combine efforts to reduce carbon footprint of ethanol
Top global producers of ammonia and ethanol based in the US announced a joint effort on Monday to pilot low carbon fertiliser application across US farms, thereby lowering the carbon intensity (CI) of corn used in ethanol production.
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