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January 21, 2015

BY Tom Bryan

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US biofuels and alternative fuels: Charting the course for global marine decarbonization

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By John May

4 hours ago

Marine Biofuel Business Policy Markets 

The global maritime industry's transition away from heavy fuel oil is no longer a question of if but of when — and with what fuels. The U.S. biofuels industry is exceptionally well-positioned to serve this transition in the near to medium term.

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CoBank on April 8 released its latest quarterly research report, highlighting improved regulatory clarity for the biofuel industry with the release of the Renewable Fuel Standard “Set2” rule, which set 2026 and 2027 RFS RVOs.

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The California Senate Budget and Fiscal Review Committee’s Subcommittee 2 on Resources, Environmental Protection and Energy on April 9 heard testimony focused on California. Gov. Gavin Newsom’s proposed SAF tax credit.

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The USDA maintained its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released April 9. The estimated season-average price for soybean oil was revised up.

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The London Laurel County Economic Development Authority, Ecostrat and the BDO Zone Initiative have issued a BDO Zone ‘A’ Rating for Laurel County, Kentucky. The BDO Zone is rated for 342,000 bone dry tons per year of low-risk woody biomass .

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