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Beijing ends used cooking oil export tax perk

China wants to keep more UCO at home

11/20/24 6:07 AM By Oliver Ward
KEYWORDS 45Z American Soybean Association ASA biofuel feedstocks biomass-based diesel California LCFS Carbon intensity China Christopher Efird CI Score clean fuel production tax credit Clean Fuels Alliance America Inflation Reduction Act NXTClean Fuels Paul Winters renewable diesel Scott Gerlt UCO used cooking oil Used cooking oil

China is ending an export tax rebate for used cooking oil, a common feedstock for renewable diesel, in a move analysts say could spur higher prices and prompt U.S. biofuel producers to explore other oil sources.

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