In Washington, Reuters reports the White House National Economic Council is weighing consumer inflation against campaign promises the Biden Administration made to farmers to support ethanol as it reviews biofuel blending levels for this year that will be announced sometime in the next few weeks. November elections will be crucial for the Democrats so keeping […]
In Canada, Argus Media reports that British Columbia is proposing new low-carbon fuel requirements for marine and aviation fuel and expanding the activities that can generate credits under new legislation updating the province’s Low Carbon Fuel Standard (LCFS). The Canadian province’s government filed legislation a few days ago that would replace the original 14-year-old enabling […]
In India, Reuters reports that the country will achieve 10% ethanol blending by October which will turn make gasoline exempt of the 3 cents per liter green tax that is set to go into effect on the 1st of that month to help speed up blending. The government’s wide range of policies to support blending […]
In Thailand, the Bangkok Post newspaper reports the national biodiesel association is asking the government to not cut biodiesel blending even further, currently at 5% with expectations of dropping lower, as production is currently only running at 30% of capacity while consumption has fallen by 40%. Blending rates have been as high as 20% in […]
In Malaysia, Reuters reports Malaysia may cut its export duty on palm oil by half to fill a gap in the global edible oil market left by the disruption caused by Russia’s invasion of Ukraine. The finance ministry has set up a committee to explore the proposal from the plantation industries and commodities ministry that […]
In Brazil, Reuters reports that despite the president’s pressure on Petrobras to keep diesel prices low as the presidential election season kicks off, even having sacked the last CEO for raising fuel prices in light of the Russian invasion of Ukraine, the new Petrobras CEO has raised diesel prices by nearly 9%. Gasoline prices we […]
In Germany, the Federal Environment Ministry’s initiative to reduce the cap on biofuels from cultivated biomass has met with incomprehension from UFOP which rejects any change to the existing regulation. Behind the utilization of rapeseed oil for biodiesel is a production and processing structure that has grown over decades and is now closely networked with […]
In Belgium, the EU Commission will release its RePowerEU Strategy this month, aiming to reduce the EU’s dependence on Russian fossil fuels. Together with 40 other civil society stakeholders BirdLife strongly cautions against pursuing false solutions. This includes building more fossil gas infrastructure, leading to stranded assets, reactivating or extending the operation of coal, burning more […]
In Estonia, the ERR news agency reports the head of the Estonian Oil Association believes the country should not follow in the footsteps of Latvia and Finland who have cut biofuel blending in an effort to reduce pump prices but should instead cut excise duties to ease consumer pain. Estonia’s biofuel blending policy is rather […]
In Washington, sustainable aviation fuel (SAF) is a proven and essential component of the aviation industry’s drive toward decarbonization, and federal tax policies such as a dedicated blender’s tax credit are necessary to spur investment in commercial-scale production of this vital next-generation fuel, a large group of stakeholders said in a recent letter to Congress. […]
