Canada’s canola sector is pleased with the new 45Z guidance published by U.S. Treasury.
Canola industry pumped about 45Z clean fuel ruling in U.S.
U.S.’s 45Z clean fuel regulations good news for Canada’s canola producers
U.S. Treasury has finally released proposed regulations for the 45Z tax credit and it contains good news for canola.
Trump administration may delay biofuel import credit cuts as refiners balk
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President Donald Trump’s administration is considering delaying for one or two years its proposed cuts in incentives for imported biofuels amid pressure from U.S. refiners who argue the move could raise costs and tighten fuel supplies, according to two sources familiar with the matter.
Rising vegetable oil demand may offset bad biofuel news
Global biodiesel/renewable diesel demand for canola oil to slump, but overall vegetable oil demand seen increasing
Reading Time: 2 minutes Global biodiesel/renewable diesel production is expected to decline for the first time in a decade. Bad timing for a canola industry looking for new markets.
U.S. biofuel plan would reallocate half or less of waived blending quotas, sources say
The White House is considering a plan that would require large oil refineries to cover around half or less of the biofuel blending requirements recently waived for smaller facilities, according to three sources familiar with the matter.
U.S. biofuel policies bearish for Canadian oilseeds but opportunities in sight says FCC
Farm Credit Canada reports on biofuel trends to watch amid continued U.S. policy wrangling
While U.S. policy changes may reduce demand for Canadian canola and biofuel exports, but a Farm Credit Canada economist says other renewable fuel opportunities could spur growth.
US EPA proposes higher biofuel blending volumes through 2027
The Trump administration on Friday proposed to increase the amount of biofuels that oil refiners must blend into the nation’s fuel mix over the next two years, driven by a surge in biomass-based diesel mandates.
ICE Canada Weekly: Canola to move with the weather
Announcement pending on 45Z biofuel tax credit
As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.
US oil, biofuel group recommends 5.25 billion gallons in biomass diesel mandates, sources say
A U.S. and biofuel coalition recommended that the Environmental Protection Agency propose federal mandates for biomass diesel blending for 2026 at 5.25 billion gallons, which would be a significant increase from previous mandates, two sources familiar with the matter said.
Oil and biofuel coalition to meet with U.S. Environmental Protection Agency
A coalition of oil and biofuel groups will meet with the U.S. Environmental Protection Agency on Tuesday to make the case for higher federal mandates for biomass diesel blending, according to three sources familiar with the plans.