In India, the India Times newspaper reports that the transportation minister has said that flex-fuel engines will be allowed into the Indian market to help boost ethanol consumption. The flex-fuel program will be rolled out in the next three months but there were no details about what the program would entail. Already local manufacturers make […]
In Oregon, Governor Kate Brown signed a new law, HB 3051, that revises state law to clarify that gasoline sold in Oregon must contain at least 10 percent ethanol and gives retailers the ability to offer higher ethanol blends, like E15, across the state benefitting consumers and the environment. The new law is an important […]
In Canada, earlier this week, Renewable Industries Canada (RICanada) Board members appeared before the House of Commons Standing Committee on Natural Resources meeting on the Low-Carbon and Renewable Fuels Industry in Canada. Appearing on behalf of RICanada were Malcolm West, EVP and CFO at Greenfield Global Inc., Canada’s leading ethanol producer, and Scott Lewis, EVP […]
In Belgium, an EU law intended to drive the uptake of clean fuels by ships will actually lock in the use of fossil fuels for decades, according to a leaked proposal, making the European Green Deal goal of decarbonization by 2050 impossible. Transport & Environment (T&E), which obtained the documents, said the European Commission could […]
In Washington, Reuters reports Democratic members from both Houses of Congress are set to submit bills in the next few weeks that would see billions in tax credits and investments funneled towards biofuels including $2 billion in additional funds for higher ethanol blend fuel infrastructure. Tax credits include those on biofuels at the pump and […]
In Washington, Reuters reports that corporate filings show oil refiners such as PBF Energy, CVR Energy, Delta Airlines and Par Pacific Holdings are so confident that President Biden will bail them out or that RIN prices will fall that they are short by more than $1.6 billion worth of credits. Reuters’ review shows that PBF […]
In Australia, the Palm Oil Monitor reports on the European Union Commission’s latest “Climate Taxonomy” document, a new set of regulations that determine whether an investment by an EU bank or institution can be considered climate friendly, which can have major ramifications for palm oil, according to Palm Oil Monitor. Palm Oil Monitor says, “The […]
In Washington, U.S. Senator Amy Klobuchar (D-MN) led a letter with 15 bicameral colleagues – including Senator Tina Smith (D-MN) – to the Environmental Protection Agency (EPA) and National Economic Council (NEC) expressing concern about reports that the Biden administration is considering several options to exempt oil refiners of their obligations under the Clean Air […]
In Washington, Bloomberg reports that the Biden Administration is exploring lower biofuel blending volumes for 2021 and 2022 in an effort to help oil refiners that have been suffering from high RIN prices that have reached as much as $2 each recently. With the suggested blending mandates expected to be published by the Environmental Protection […]
In India, the ANI news agency reports that with ethanol production capacity expanding rapidly thanks to soft financing, price supports and other policies, the Secretary of the Department of Food and Public Distribution expects installed capacity to double by 2025, allowing the country to achieve its 20% blending mandate goal. The E20 mandate is expected […]
