August 28, 2024
BY Clean Fuels Alliance America
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The USDA expects soybean oil use in biofuel production to expand significantly during the 2026-’27 marketing year, according to the agency’s latest World Agricultural Supply and Demand Estimates report, released May 12.
Hawaii lawmakers on May 6 approved legislation to create a clean fuel standard (CFS) that aims to reduce the CI of transportation fuels by at lease 50% below 2019 levels by 2045. The bill will now be considered by Hawaii Gov. Josh Green.
Bayer and bp on May 7 announced that they have entered a long-term strategic alliance to jointly scale the crop camelina, under the brand name newgold. The feedstock can be used to produce biodiesel, renewable diesel and SAF.
The European Commission in April approved a delegated regulation to update the methodology and data for high-ILUC risk biofuels. The change, if formally adopted, would phase out the use of soybean oil as a biofuel feedstock in the EU by 2030.
U.S. biofuels producers consumed an estimated 27.136 billion pounds of feedstock in February, down 6% when compared to the previous month, but up 4% when compared to February 2025, according to data released by the U.S. EIA.