Biodiesel World News

Iowa provides COVID-19 relief to biofuel producers, retailers Iowa Gov. Kim Reynolds announced on Aug. 25 that the state is allocating approximately $100 million of federal CARES Act relief funds to seven ag programs to offset the impact of COVID-19. Approximately $22.5 million of that will support biofuels. READ MORE SHARE
Report addresses impact of COVID-19 on Canada’s biofuel industry A report recently filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network provides insight into how the COVID-19 pandemic has impacted ethanol and biodiesel producers in Canada. READ MORE SHARE
	Biden announces commitment to RFS Democratic presidential nominee Joe Biden on Aug. 25 issued a statement describing his commitment to the Renewable Fuel Standard and criticizing the Trump Administration’s administration of the program. READ MORE SHARE
NBB ad campaign urges Trump to reject ‘gap’ SRE petitions The NBB has launched a radio advertising campaign in six Midwestern states, urging President Trump to keep his promise on the RFS. The ads will run for two weeks in Iowa, Illinois, Kansas, Minnesota, Nebraska, and Wisconsin. READ MORE SHARE
EIA: US biodiesel production largely unchanged since 2019 U.S. biodiesel production has seen smaller reductions in recent months caused by the COVID-19 pandemic when compared with other transportation fuels, according to the U.S. Energy Information Administration’s Petroleum Supply Monthly. READ MORE SHARE
Climate plan addresses potential of biofuels, bioenergy The Senate Democrats Climate Committee released a new report on Aug. 25 that details how climate action by Congress can create new jobs and grow the U.S. economy. Biofuels and bioenergy are among the topics discussed. READ MORE SHARE
EPA: 1.62 billion RINs generated in July The U.S. EPA has released renewable identification number (RIN) data for July, reporting that 1.62 billion RINs were generated during the month under the Renewable Fuel Standard, up from 1.51 billion RINs generated in June. READ MORE SHARE
EPA: 12 more SRE petitions filed, 98 now pending The U.S. EPA on Aug. 20 released updated SRE data, showing that small refiners have filed 12 additional SRE petitions, including nine “gap year” petitions. A total of 98 SRE petitions are now pending, up from 86 that were pending as of July 16. READ MORE SHARE
Brazil reduces biodiesel blend to 10% for September, October The Brazilian government announced on Aug. 13 that the blend requirement for biodiesel sold at the pump will be temporarily lowered from 12 percent to 10 percent for the months of September and October. READ MORE SHARE
USDA implements OneRD Guarantee Loan Initiative The USDA on Aug. 31 announced the implementation of the agency’s OneRD Guarantee Loan Initiative and released new information on rates and terms that will help lenders apply for loan guarantees under the four affected loan guarantee programs. READ MORE SHARE