Biofuel News
Airlines Team Up to Boost Sustainable Aviation Fuel
From a quick look at climate headlines, it’s hard to miss that the global aviation industry poses a knotty problem. Today, jet planes contribute around 2% of global emissions—a share which is expected to grow rapidly in the coming years. In response, activists have launched no-holds-barred campaigns to stop people from flying. With all the attention […]
Diesel Emission Reduction Act (DERA) Application Window Now Open
USEPA is authorized under the Diesel Emissions Reduction Act (DERA) to offer funding assistance to accelerate the upgrade, retrofit, and turnover of the legacy diesel fleet. USEPA anticipates awarding a total of approximately $115 million under this Notice of Funding Opportunity (NOFO): $58 million in Fiscal Year (FY) 2022 funding and $57 million in FY […]
Detroit Shippers Moving Toward More Biodiesel
The shipping industry is turning to biodiesel as a solution to meet carbon reduction goals. The International Maritime Organization has pledged to be carbon neutral by 2050 and cut emissions by 15 percent this decade. Dr. Robert Moorcroft is a carbon reduction scientist working with the port authority in Detroit to calculate a baseline. “Biodiesel […]
How Much Will Renewable Diesel Boost Soybean Prices?
By James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture Farmers were asked several questions focused on renewable energy in March of 2023. When asked to look ahead five years, nearly half of respondents said they expected the renewable diesel industry to be larger than it is today, while only 25% expected growth in […]
Biodiesel Bill Could Bring Carbon Targets Sooner
A Michigan lawmaker says his newly introduced bill will help incentivize demand and educate consumers about biodiesel. Representative John Fitzgerald tells Brownfield the bipartisan legislation provides retail fuel operators a tax credit for selling higher blends of biodiesel, like B5+ and B11+. “This is kind of two-pronged as it helps growers produce soybeans and it […]
Sustainable Aviation Fuel Market Expected to Soar in Coming Years, Says New Report
The market for sustainable aviation fuel (SAF) — which can be made from corn and soybean oil — is set to skyrocket in the near future, according to a new report from Exactitude Consultancy. While the global SAF market’s valued at more than $84 million in 2022, the report projects it to reach more than $9.7 billion […]