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USGC: Carbon reduction front and center at biofuels summit in Korea

Growth Energy’s Mike Lorenz; ANL’s Uisung Lee; USGC’s Ryan LeGrand; USGC’s Josh Miller; USGC’s Mackenzie Boubin; USGC’s Isabelle Ausdal; USGC’s Rowena Torres-Ordonez; and USGC’s Haksoo Kim met with representatives of KC&A./ SOURCE: USGC

August 3, 2023

BY U.S. Grains Council

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Philippines implements B3 mandate

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By Erin Voegele

a day ago

PolicyMarkets

The Philippines on Oct. 1 increased its coco-methyl ester (CME) biodiesel mandate from B2 to B3, according to a report filed with the USDA FAS. The mandate is scheduled to increase to 4% in October 2025 and 5% in October 2026.

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The U.S. exported 81,957.1 metric tons of biodiesel and biodiesel blends of B30 and greater in August, according to data released by the USDA Foreign Agricultural Service on Oct. 8. Biodiesel imports were at 80,543.6 metric tons for the month.

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A report filed with the USDA FAS Global Agricultural Information Network discusses how China’s domestic biobased-diesel industry has been impacted by the European Union’s provisional antidumping duties on biodiesel and renewable diesel.

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Brazilian biodiesel production is expected to increase 18% this year, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network on Aug. 31. Consumption is also forecast to be up 18%.

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Legislation introduced in the California State Assembly on Sept. 11 aims to prevent the California Air Resources Board from amending the state’s Low Carbon Fuel Standard regulations prior to Jan. 1, 2026.

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