Items Tagged with 'National Biodiesel Board'

A familiar voice in farm policy is reflecting changes in its industry as the 30-year-old National Biodiesel Board plans to change its name – and shift its focus – to place more emphasis on a broader effort to use liquid transportation fuels in carbon reduction efforts.

Stakeholders from all sides of the Renewable Fuel Standard cautioned federal regulators Tuesday about moving forward with its proposed multi-year set of blending targets for the nation’s biofuel mandate.

The biofuel tax incentives in President Joe Biden’s Build Back Better bill could insure a growing market for soybean oil and other farm commodities, but the trucking industry worries the subsidies will kick off a war with the airlines over feedstocks.

One by one, oil refiners hoping to ride the wave of demand for renewable diesel created by California’s low carbon fuel standard have announced ambitious plans for their own plants. But, the surge will likely come at a cost to biodiesel producers, who often rely on the same soy-based feedstocks to create their product in much smaller plants.

The key committee provisions in the $3.5 trillion reconciliation package show that Democrats in Congress are in line with President Joe Biden’s vision to put electric vehicles — not biofuels — at the forefront of the fight against climate change.

The U.S. Court of International Trade has upheld a Commerce Department determination requiring refiners to pay cash deposits on biodiesel from Argentina.

U.S. airlines announced a goal to use 3 billion gallons of renewable jet fuel by 2030, and the White House released a plan to spur development of the biofuel the industry will need.

Farm-state Republicans are wasting no time blasting President Joe Biden’s infrastructure plan for investing $174 billion for the electric market compared to the mere $15 billion set aside for biofuels research and development.