30 Apr '18, 9pm

#EIA: New import duties drove biomass-based #diesel imports down in 2017

#EIA: New import duties drove biomass-based #diesel imports down in 2017

US imports of biomass-based diesel, which include biodiesel and renewable diesel, totaled 14.1 million barrels in 2017, a 36% decrease from 2016, according to the US Energy Information Administration (EIA). Although increasing Renewable Fuel Standard (RFS) targets have driven increased biomass-based diesel demand in recent years, imports fell in 2017 largely because of US Department of Commerce (DOC) import duties imposed on foreign biodiesel volumes sourced from Argentina and Indonesia, two of the leading exporters of biodiesel, EIA said. Both fuels are produced from a variety of fats, oils, and grease, collectively referred to as FOGs. Because biomass-based diesel costs more than petroleum diesel to produce, consumption of biomass-based diesel is largely driven by federal and state policies. At the federal level, biomass-based diesel qualifies as an advanced biofuel unde...

Full article: http://www.greencarcongress.com/2018/04/20180430-eia.html

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