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By Kurt Kovarik, Vice President of Federal Affairs, National Biodiesel Board
Special to The Digest
As the new Biden administration and a growing number of states examine options to address transportation carbon emissions, biodiesel and renewable diesel stand out as the workhorses of existing low-carbon fuel programs. State programs are sending a strong signal for market growth in low-carbon, drop-in diesel replacements over the next decade. NBB believes the market will double to 6 billion gallons by 2030.
NBB’s vision for growth is based on tangible market trends. For example, in 2019, California met its demand for low-carbon fuels in part with 830 million gallons of biodiesel and renewable diesel. And through the first half of 2020 – even as the COVID-19 pandemic restricted transportation – the state reported consuming nearly 400 million gallons. Alone, California is expected to create a market for more than 1 billion gallons of biodiesel and renewable diesel each year over
Calls for President-elect to show stronger support for biofuels industry | Biofuels International Magazine biofuels-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biofuels-news.com Daily Mail and Mail on Sunday newspapers.
The U.S. biofuel industry expects the outgoing Trump administration to approve most of the waiver requests it has pending from the oil refining industry for 2019, three sources familiar with industry discussions said.