Isabelle Ausdal, USGC manager of ethanol policy and economics (left); Adam Stepien, director general, Polish Association of Oil Producers; and Mackenzie Boubin, USGC director of global ethanol export development. / SOURCE: USGC
November 3, 2023
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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 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.
In June, the U.S. Grains Council signed a renewed MOU with Vietnam’s Ministry of Agriculture and Environment to strengthen bilateral trade of animal feed and biofuels and expand technical support to the Vietnamese agricultural industry.