Recent policy changes in the Philippines have made it one of the most progressive biofuel markets in the world and further reduces its carbon dioxide emissions. / SOURCE: USGC
June 12, 2024
BY U.S. Grains Council
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Summit Carbon Solutions LLC on June 25 achieved a major milestone with the Iowa Utilities Board’s approval of its baseline CO2 pipeline project. Several conditions must be met before Summit is issued a permit and construction can begin.
Clean Fuels Alliance America on June 25 filed a formal petition asking the U.S. EPA to reconsider RFS volumes for 2024 and 2025. The agency set biomass-based diesel and overall advanced volumes significantly below actual production of the fuels.
Production and use of renewable ethanol from ePURE members and other EU producers reduced greenhouse-gas (GHG) emissions by an average of 79.1% compared to fossil fuels in 2023, according to newly certified data.
U.S. fuel ethanol production expanded by more than 3% the week ending June 14, according to data released by the U.S. Energy Information Administration on June 20. Ethanol stocks were up nearly 2% and exports were down 39%.
The U.S. EPA released updated RIN data on June 20, reporting that nearly 2.01 billion RINs were generated under the RFS during May, down from 2.11 billion generated during the same period of last year.