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Global Biofuels Alliance launches at G20 Summit

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By Erin Voegele

November 28, 2023

BusinessPolicyNorth AmericaLatin AmericaEuropeAsia/PacificAfrica/Middle East

President Joe Biden on Sept. 9 joined leaders of India, Argentina, Brazil, Italy, Mauritius and the United Arab Emirates to launch the Global Biofuels Alliance. The launch took place on the sidelines of the G20 Summit in New Delhi.

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Neste is disputing a report filed with the USDA that suggests the company may have received fraudulent used cooking oil (UCO) volumes at its renewable products refinery in Singapore, specifically virgin palm oil from Indonesia.

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Members of the European Parliament (MEPs) on Sept. 13 approved a new law that ramps up requirements for sustainable aviation fuel (SAF) within the European Union but sets limits on what types of feedstocks that fuel can be made from.

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Global used cooking oil (UCO) supplies are anticipated to rise from 3.7 billion gallons in 2022 to between 5 billion and 10 billion gallons by 2030, according to a report released by Clean Fuels Alliance America on Sept. 13.

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VARO Energy on Sept. 7 announced the construction of a large-scale sustainable aviation fuel (SAF) manufacturing facility at the Gunvor Energy Rotterdam site, investing $600 million with the aim of helping its airline customers decarbonize.

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