The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
Tag Archives biofuels

‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker

Manitoba earmarks funds for sustainable aviation fuel plant
The facility may produce as much as one billion litres of canola and soy-based jet fuel
Calgary-based firm Azure Sustainable Fuels Corp. plans to use Canadian feedstock like soybean and canola oils to produce as much as one billion litres of renewable aviation fuel per year, the news release added.

Biden backs ethanol industry on low-emission aviation fuel tax credits
Aviation is seen as one of the few routes to increase ethanol demand amid rising electric vehicle sales
Reuters - The Biden administration said on Friday it will recognize a methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for sustainable aviation fuel (SAF), a pivotal win for the politically powerful U.S. corn lobby.

U.S. EPA denies nearly all biofuel blending exemption petitions
Refineries didn't prove hardship, agency said
New York | Reuters — U.S. President Joe Biden’s administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to […] Read more

U.S. to boost biofuel mandates over next three years
Biofuel groups still feel shortchanged
Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the […] Read more

Bunge expects U.S. renewable diesel capacity of about five billion gallons by 2024
Chicago | Reuters — U.S. renewable diesel production capacity will more than double to about five billion gallons by 2024 from about two billion gallons, Bunge CEO Greg Heckman said […] Read more

What will King Charles’s reign mean for climate action?
Some projects may be handed to other family members
London | Thomson Reuters Foundation — As Britain’s King Charles III begins his reign after the death of his mother, Queen Elizabeth II, environmental campaigners will be watching closely to […] Read more

Opinion: Different approach, same goal
Like their Canadian counterparts, U.S. farmers will soon have more funding available to adopt climate-friendly production practices. But unlike Canada, the U.S. is not adding to the federal deficit to […] Read more

U.S. grains: Wheat, corn down on Ukrainian export optimism
Soybeans firm on biofuel talk
Chicago | Reuters — Chicago wheat sank on Wednesday for a second straight session to the lowest in nearly two months, as the market gauged diplomatic talks to unblock Ukrainian […] Read more

U.S. EPA proposes biofuel mandate cuts
Proposal seen as boost to pandemic-hit refiners
New York | Reuters — The Biden administration proposed on Tuesday a reduction in the amount of biofuels that U.S. oil refiners were required to blend into their fuel mix […] Read more