Brazil implements B10 mandate a year ahead of schedule
March 5, 2018
BY Ron Kotrba
Brazil’s nationwide biodiesel mandate has increased from 8 to 10 percent on March 1, according to the Ministry of Mines and Energy. The National Energy Policy Council approved the increase in December, one year ahead of schedule. The mandate increase was signed into law March 2016 and was expected to increase by 1 percent a year through 2019, from 7 to 10 percent.
The ministry stated that increasing the blend mandate from 8 to 10 percent will grow biodiesel demand in Brazil this year by 1 billion liters (more than 264 million gallons). Estimated total biodiesel consumption in 2018 is expected to reach 5.3 billion liters (1.4 billion gallons), according to the ministry announcement.
The March 1 start date coincides with the onset of the soybean harvest in Brazil, thereby ensuring adequate supply of soybean oil feedstock.
Advertisement
Advertisement
Related Stories
HutanBio on May 8 announced that the production process for its proprietary HBx microalgal biofuel achieves net-negative carbon emissions, based on an independent cradle-to-gate life cycle assessment (LCA) conducted by EcoAct.
Reps. Zach Nunn, R-Iowa, and Nikki Budzinski, D-Ill., on May 7 introduced a bill that aims to update USDA’s Section 9003 program to expand access to grants, streamline loan guarantees and provide $100 million in mandatory funding over five years.
The Canadian International Trade Tribunal on May 5 announced that a preliminary investigation launched earlier this year did not find evidence that imports of U.S. renewable diesel are causing harm to Canada’s domestic renewable diesel industry.
According to a new economic contribution study released by the Iowa Renewable Fuels Association on May 6, Iowa biofuels production has begun to reflect stagnant corn demand throughout the agriculture economy.
Reps. Mike Carey, R-Ohio, and Mariannette Miller-Meeks, R-Iowa, on May 1 introduced legislation that aims to retroactively extend the biodiesel blenders tax credit (BTC) and the second-generation biofuel producer tax credit.
Upcoming Events
