February 6, 2023
BY Nippon Paper Industries Co. Ltd.
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Legislation introduced in the California Senate on June 23 aims to cap the price of Low Carbon Fuel Standard credits as part of a larger effort to overhaul the state’s fuel regulations and mitigate rising gas prices.
U.S. fuel ethanol production was down nearly 3% the week ending June 20, according to data released by the U.S. Energy Information Administration on June 25. Stocks of fuel ethanol were up 1% and exports fell by 33%.
The government of Brazil on June 25 announced it will increase the mandatory blend of ethanol in gasoline from 27% to 30% and the mandatory blend of biodiesel in diesel from 14% to 15%, effective Aug. 1.
The USDA recently released its Grain Crushings and Co-Products Production report for June, reporting that corn use for fuel ethanol in April was down when compared to the previous month, but up when compared to April of last year.
The EU on June 20 suspended tariff preferences on non-fuel ethanol imported from Pakistan. ePURE, the Euoprean renewable ethanol association, said the action is an important step toward restoring fair competition.