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ADDITIONAL INSIGHT
Policy
45Z – Emerging From the Mists
January 22, 2025
With the calendar flipping over from 2024 to 2025, the Biomass-Based Diesel Blenders Tax Credits (BTC – both the $1.00/gallon 40A credit for renewable diesel (RD) and biodiesel (BD) and the $1.25-$1.75/gallon 40B credit for sustainable aviation fuel) have expired and the new Clean Fuel Production Credit (better known by its section of the tax...
Policy
DOE’s Action Plan for Maritime Energy and Emissions Innovation: Implications for Biofuels
January 22, 2025
In December 2024, the U.S. Department of Energy (DOE), in collaboration with other federal agencies, released An Action Plan for Maritime Energy and Emissions Innovation. This comprehensive strategy aims to guide the U.S. maritime sector toward achieving near-total greenhouse gas (GHG) emission reductions by 2050. It sits alongside other action plans that cover light-duty vehicles,...
Policy
Global Trade 101: The World Trade Organization’s trade rules and market mechanisms
December 18, 2024
President-elect Trump has made numerous statements about the imposition of tariffs on some of the U.S.’s major trading partners. These tariffs, if put in place, are likely to have implications for biofuels and related feedstock imports. The objective of this “Trade 101” is to explain how the rules and mechanisms of the World Trade Organization...
Economics
Energy Transition Squeeze: The Phillips 66 Los Angeles Refinery Closure
November 20, 2024
In this article, we take a look at the compounding pressures on California refineries and provide analysis on the impact of the Phillips 66 LA refinery closure on near-term supply in Southern California.
Economics
Spotlight on India’s Biofuel Market: It’s all about the sugar
November 18, 2024
India’s is the world’s fifth largest biofuels market. After a period of lackluster growth in the late 2000s and early 2010s and failure to achieve mandated targets, political interest in biofuels has significantly increased, driven by a confluence of agricultural, social and environmental drivers. In this article, we characterize the market, the key biofuel policies...
Article
BC-LCFS 101
November 14, 2024
Situated in the Pacific Northwest between the Pacific Ocean and the Rocky Mountains, the Province of British Columbia (B.C.) has a diverse geography, with an estimated population of over 5.6 million as of 2024, almost half of which lives in the Vancouver metropolitan area. The major sectors of BC’s economy include forestry, mining, filmmaking and...
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