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California lawmaker introduces bill to repeal recently approved LCFS amendments

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By Erin Krueger

December 05, 2024

Policy Markets 

California Senate Minority Leader Brian Jones, R-San Deigo, on Dec. 2 introduced a bill that aims to repeal the Low Carbon Fuel Standard regulations approved by the California Air Resources Board on Nov. 8.

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Aemetis Inc. has announced that its Universal Biofuels subsidiary in India successfully completed delivery of $103 million of biodiesel to the three government-owned Oil Marketing Companies for the one-year marketing period ending Sept. 30.

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EIA: Small volumes of renewable diesel are now consumed on the US East Coast

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By U.S. Energy Information Administration

December 03, 2024

In 2024, the U.S. East Coast became a consistent destination for small volumes of renewable diesel as a few suppliers and local governments began offering or consuming the fuel, according to the U.S. Energy Information Administration.

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The U.K.’s sustainable aviation fuel (SAF) mandate was signed into law on Nov. 18 and is set to come into force on Jan. 1, 2025. The government has also launched a new Jet Zero Taskforce to revamp efforts to make greener air travel a reality.

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The International Trade Administration has announced its Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual opening meeting on Dec. 3. The meeting is the first of REEEAC’s current charter term.

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CARB votes to adopt LCFS updates

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By Erin Voegele

November 12, 2024

CARB on Nov. 8 approved updates to its LCFS that aim to reduce the CI of the state’s transportation fuel by 30% by 2030. The updates also alter how a variety of biofuels, including biobased diesel and RNG, participate in the program.

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The U.S. exported 67,975.3 metric tons of biodiesel and biodiesel blends of B30 or greater in September, according to data released by the USDA on Nov. 5. Biodiesel imports were at 88,055.9 metric tons for the month.

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Missouri Attorney General Andrew Bailey on Nov. 1 sent a letter to the California Air Resources Board demanding the agency rescind proposed changes to its LCFS. CARB is expected to vote to adopt proposed LCFS amendments on Nov. 8.

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Philippines implements B3 mandate

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By Erin Voegele

October 24, 2024

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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The U.S. exported 88,432.8 metric tons of biodiesel and biodiesel blends of B30 and greater in July, according to data released by the USDA FAS on Sept. 4. U.S. biodiesel imports were at 86,483 metric tons for the month.

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Canadian National Railway and Canadian Pacific Kansas City, the country’s two largest rail carriers, on Aug. 26 resumed operations after the Canadian Industrial Relations Board took action over the weekend to end a work stoppage that began Aug. 22.

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The Iowa Biodiesel Board and Iowa Soybean Association are concerned proposed amendments to the California Low Carbon Fuel Standard would impose caps on credits for soy- and canola-based biodiesel and renewable diesel.

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The U.S. exported 67,622.2 metric tons of biodiesel and biodiesel blends of B30 and greater in June, according to data released by the USDA Foreign Agricultural Service on Aug. 6. Biodiesel imports reached 99,610.1 metric tons for the month.

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EIA: US imports of renewable diesel increased in the early months of 2024

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By U.S. Energy Information Administration

August 08, 2024

In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 barrels per day (b/d), approaching the monthly record set in May 2023. Most of the imports (94%) were destined for the U.S. West Coast.

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Thailand’s newly proposed National Energy Plan is expected to set a target for sustainable aviation fuel (SAF) starting in 2026, according to a report filed with the USDA. The plan also includes targets for ethanol and biodiesel.

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The U.K. Department for Transport on July 22 sent a written statement to the U.K. Parliament confirming that, subject to Parliamentary approval, the agency will introduce a sustainable aviation fuel (SAF) mandate starting on Jan. 1, 2025.

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The European Biodiesel Board, representing the European producers of biodiesel (HVO & FAME), has successfully obtained provisional anti-dumping duties in its trade case against Chinese biodiesel flooding the EU market.

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American Airlines consumed 2.7 million gallons of SAF in 2023, according to its 2023 Sustainability Report. While that volume of SAF use was up 4% when compared to 2022, it accounted for less than 1% of total fuel use during the year.

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Renewable diesel margins could experience a modest increase this fall, according to CoBank’s latest Quarterly Research Report. If realized, that boost to margins could mitigate softening demand for soybean oil in the biofuel market.

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The International Air Transport Association has called on South Africa to mobilize its experience, resources, and infrastructure to accelerate the development of sustainable aviation fuel (SAF) production.

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Japan is working to develop standards for SAF according to a report filed with the USDA FAS's Global Agricultural Information Network on July 5. The government is expecting to begin drafting SAF legislation later this year.

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The U.S. exported 71,012 metric tons of biodiesel and biodiesel blends of B30 and greater in May, according to date released by the USDA on July 3. Biodiesel imports reached 127,104.7 metric tons for the month.

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Neste welcomes the French government's decision to approve the sales of transport fuels from 100% renewable raw materials, such as renewable diesel, at fuel stations. To date, sales of these fuels have been limited to logistics companies.

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The SkyNRG Sustainable Aviation Fuel Market Outlook covers the current state and trends of the SAF market in the EU and U.K., the U.S. and rest of the world by assessing announcements of SAF projects and mapping out the capacity until 2050.

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A bipartisan group of 18 senators on June 11 sent a letter to U.S. EPA Administrator Michael Regan urging the agency to boost RFS renewable volume requirements (RVOs) for biomass-based diesel and advanced biofuels in its upcoming 2026 rulemaking.

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The U.S. exported 60,273.9 metric tons of biodiesel and biodiesel blends of B30 and greater in April, according to data released by the USDA Foreign Agricultural Service on June 6. Biodiesel imports were at 207,932.6 metric tons for the month.

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