May 20, 2025
BY Erin Voegele
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The U.K. Trade Remedies Authority on March 12 announced it no longer plans to recommend the U.K. government implement countervailing duties on U.S. renewable diesel, citing the expiration of the biodiesel blenders tax credit (BTC).
On March 11, the Justice Department’s Environment and Natural Resources Division announced a settlement with Chevron U.S.A. Inc. for violations of the Clean Air Act’s Renewable Fuel Standard program.
XCF Global Inc. on March 10 announced its stockholders approved the issuance of 19.99% or more of the company's issued and outstanding common stock as of Jan. 26. The company has also initiated upgrades to its Reno biorefinery.
The U.S. EIA reduced its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released March 10. The forecasts for the production of biodiesel and “other biofuel,” defined to include SAF, were maintained.
Axens has signed a memorandum of understanding (MOU) with Airbus to strengthen their cooperation in the development and deployment of sustainable aviation fuel (SAF), a key pillar for decarbonizing the aviation sector.