Trade and markets
 

Detail

Area
United States of America
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/11/2017
Policy Category
Renewable energy
Policy Instrument
Biofuel policy
Description
Announced mandatory targets for renewable fuel production in 2018, entailing i) a fractional increase in total volume over 2017; ii) unchanged levels of non-advanced/conventional biofuels; and iii) a marginal rise for advanced biofuels (which include biomass-based diesel).
Notes
Following consultations with lawmakers, the U.S. Environmental Protection Agency (EPA) decided to abandon its recent proposal to lower the mandatory targets for renewable fuel production in 2018 and 2019 (see MPPU Aug. & Oct.’17). The definitive targets announced for 2018 entail i) a fractional increase – compared to 2017 – in the total renewable fuels volume; ii) unchanged levels of non-advanced/conventional biofuels; and iii) a marginal rise for advanced biofuels. Under the ‘advanced biofuels’ category, volumes of biomass-based diesel have been set at 2.1 billion gallons for both 2018 and 2019 – which compares to 1.9 billion gallons in 2017. The country’s biodiesel industry criticized the final targets, arguing that these remain well below the sector’s production capacity.