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BIO announces 2021 leadership transition

October 8, 2019

BY Biotechnology Innovation Organization

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Sweden wins approval for BECCS subsidies

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By Erin Voegele

July 16, 2024

PolicyCarbon CapturePelletsPower

The European Commission on July 2 approved, under EU State Aid rules, Sweden’s plans to provide up to EUR 3 billion in subsidies to support carbon capture and storage (CCS) projects focused on biogenic CO2.

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ADM and South Korea-based LG Chem on July 12 announced they will not move forward with the development of previously announced joint venture projects to produce lactic acid and polylactic acid (PLA), citing skyrocketing construction costs.

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American Airlines consumed 2.7 million gallons of SAF in 2023, according to its 2023 Sustainability Report. While that volume of SAF use was up 4% when compared to 2022, it accounted for less than 1% of total fuel use during the year.

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The Canadian government on June 28 released proposed regulations to require landfills to control methane emissions and ensure landfill gas-recovery systems capture as much methane as possible. A public comment period is open through Aug. 28.

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Renewable diesel margins could experience a modest increase this fall, according to CoBank’s latest Quarterly Research Report. If realized, that boost to margins could mitigate softening demand for soybean oil in the biofuel market.

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