Biodiesel World News

Comment periods on RFS RVO, SRE rules to close Feb. 4, Feb. 7 Members of the biofuel industry who wish to comment on the U.S. EPA’s proposed rule to set 2020, 2021 and 2022 RFS RVOs have until Feb. 4 to do so. A seperate comment period on the agency's proposal to deny 60-plus SREs closes Feb. 7. READ MORE SHARE
USDA amends program offering $700M in COVID-19 aid for biofuels The USDA is amending its program offering $700 million in COVID aid to biofuel producers by allowing production to meet marketing obligations or fulfill or maintain essential markets to be included in the calculations of a producer's market losses. READ MORE SHARE
	Vilsack says the future for biofuels remains bright Agriculture Secretary Tom Vilsack discussed the important role biofuels and biobased manufacturing play in the rural economy and highlighted the agency’s efforts to support those industries during a Jan. 20 hearing held by the House Ag Committee. READ MORE SHARE
ISA, IBB speak out in support of Reynolds’ biofuel access bill The Iowa Soybean Association and Iowa Biodiesel Board issued a statement on Jan. 31 urging the state legislature to pass a bill introduced by Iowa Gov. Kim Reynolds on Jan. 26 that aims to increase consumer access to higher biofuel blends. READ MORE SHARE
EIA: Biofuel feedstock consumption up in November U.S. ethanol and renewable diesel production capacity expanded in November while biodiesel capacity was down, according to data released by the U.S. EIA on Jan. 31. Total feedstock consumption was up slightly when compared to the previous month. READ MORE SHARE
EPA issues final rule extending RFS compliance deadlines The U.S. EPA released a final rule on Jan. 28 extending and modifying certain RFS compliance deadlines. Representatives of the biofuels industry are criticizing the EPA’s actions and calling for the agency to get the RFS back on track. READ MORE SHARE
Valero reports strong Q4 for renewable diesel, ethanol Valero Energy Corp. released fourth quarter financial results on Jan. 27, reporting the Diamond Green Diesel expansion project was completed ahead of schedule. The company also reported strong results for its ethanol segment. READ MORE SHARE
Missouri bills aim to incentivize sales of higher biofuel blends Two separate bills currently pending in the Missouri Legislature aim to establish tax credits to incentivize fuel retailers to offer higher blend of ethanol and biodiesel. Both bills are currently being considered by a House ag committee. READ MORE SHARE
IRFA summit focuses on policy, future market opportunities The 2022 Iowa Renewable Fuels Summit, held Jan. 25, highlighted significant opportunities for growth driven by demand for advanced biofuels, such as SAF, but also addressed policy and economic concerns impacting biofuel producers. READ MORE SHARE
EPA streamlines process to bring biofuels, chemicals to market The U.S. EPA on Jan. 21 announced the launch of a new initiative under the Toxic Substances Control Act that aims to streamline the review of new biobased fuels and chemicals that could be used to displace higher GHG emitting transporation fuels. READ MORE SHARE
EPA: 19.86 billion RINs generated under the RFS in 2021 Nearly 19.86 billion RINs were generated under the RFS in 2021, up when compared to both the 18.32 billion generated in 2020 and the 19.81 billion generated in 2019, according to data released by the U.S. EPA on Jan. 20. READ MORE SHARE
Those who went ‘all in’ for clean fuels honored at conference Clean Fuels Alliance America, formerly known as the National Biodiesel Board, took time during its annual Biodiesel Conference and Expo to honor those who have made significant gains for the industry. READ MORE SHARE