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Sapphire Energy selected as an EcoPartner with Sinopec

July 16, 2014

BY Erin Voegele

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Soil and Water Outcomes Fund receives support from Chevron Renewable Energy Group for climate-smart agriculture advancement

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By Soil and Water Outcomes Fund

December 19, 2024

BusinessFeedstocks

The Soil and Water Outcomes Fund has begun a pilot project with Chevron REG as part of the larger Midwest Climate-Smart Commodity Program. The initiative represents a notable step toward integrating biofuels into sustainable agriculture outcomes.

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The U.S. DOE has announced $52 million in funding for six university and industry projects to advance the production of low carbon intensity, purpose-grown energy crops critical to accelerating a clean energy bioeconomy.

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CoBank predicts that U.S. production of renewable diesel and associated fuels will experience a modest boost in 2025 but cautions that policy uncertainty looms over administration of the RFS program, SREs and the impact of potential tariffs.

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Surging biomass-based diesel feedstock demand has led to a boom in used cooking oil imports, and when combined with current policy mechanisms, U.S. soybean oil is at a disadvantage.

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The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Dec. 10. The estimate for 2023-’24 soybean use in biofuel was revised down.

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