Canada’s canola and canola processing industries have been keeping a close eye on how the United States under President Joe Biden will address biofuel feedstocks through the Inflation Reduction Act; however, Reuters reports that Biden may leave office without finalizing the tax credit guidelines included in section 45Z. Reuters reported Tuesday that the current U.S…. Read More
Category: Biofuels
The North American renewable fuel industry is waiting for answers from both the outgoing and incoming administrations in the U.S. to big policy questions that will have a major impact on future demand for crops as feedstocks. President-elect Trump’s nominee for leading the Environmental Protection Agency — New York congressman Lee Zeldin — has a history… Read More
Renewable Industries Canada is asking the Canadian government to give ethanol a fair shake after a “retooled” Clean Fuels Fund (CFF) made ethanol and e-methanol producers ineligible for funding. In the September budget, the Liberals committed $776 million for a retooled CFF to drive production of renewable diesel, sustainable aviation fuel, and renewable natural gas,… Read More
In agriculture, finding a new use or market is typically a win-win. In the case of canola, the meal created after the oil extraction makes great dairy cattle feed. The oil itself also has several uses, including as cooking oil or as a feedstock for biofuel. In fact, even used canola oil can also become… Read More
Let’s hope grain markets fare better than the Winnipeg Jets did in Game 2 of their Stanley Cup playoff game last night, but if they don’t Jon Driedger, disappointed Jets fan and market analyst with Leftfield Commodity Research, says there’s still reasons to sell small into price rallies. Where are we at right now? Big… Read More
The development of Canada’s biofuel sector was highlighted in the Canadian government’s 2024 budget announced on April 16th, but ethanol was notably absent from the list of renewable fuel categories that will receive support. The budget included a commitment of $776 million for a retooled Clean Fuels Fund to drive production of renewable diesel, sustainable… Read More
Farmers sitting on unpriced grain aren’t going to love this week’s market report from Neil Townsend, market analyst with Grainfox. But not liking it doesn’t change the facts: there’s plenty of grain out there and buyers know they can get what they need at a lower price than many want to accept. Townsend, in this conversation… Read More
Azure Sustainable Fuels Corp. is on track to begin producing sustainable aviation fuel (SAF) by 2027. That plan got an $8.4 million boost through the Canada Infrastructure Bank (CIB) today. Sustainable aviation fuel can be used directly in aircraft engines by blending up to 50 per cent with traditional jet fuel, and has the potential… Read More
Government policies that promote the adoption of electric vehicles (EVs) are unlikely to make a major dent in future demand for renewable diesel, says an author of a recent report on the future of the renewable diesel market. Unlike biodiesel, renewable diesel can be directly substituted in diesel engines. Production capacity in the U.S. is… Read More
The Conservative Party of Canada and leader Pierre Poilievre have clearly made the Clean Fuel Regulation (CFR) a target in political messaging, tagging it as the “second carbon tax.” For advocates of biofuels in farm country and Ottawa this should be a wake-up call for the longer term development of the biofuel sector in Canada…. Read More