Biofuel News
Detroit Shippers Moving Toward More Biodiesel
The shipping industry is turning to biodiesel as a solution to meet carbon reduction goals. The International Maritime Organization has pledged to be carbon neutral by 2050 and cut emissions by 15 percent this decade. Dr. Robert Moorcroft is a carbon reduction scientist working with the port authority in Detroit to calculate a baseline. “Biodiesel […]
How Much Will Renewable Diesel Boost Soybean Prices?
By James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture Farmers were asked several questions focused on renewable energy in March of 2023. When asked to look ahead five years, nearly half of respondents said they expected the renewable diesel industry to be larger than it is today, while only 25% expected growth in […]
Biodiesel Bill Could Bring Carbon Targets Sooner
A Michigan lawmaker says his newly introduced bill will help incentivize demand and educate consumers about biodiesel. Representative John Fitzgerald tells Brownfield the bipartisan legislation provides retail fuel operators a tax credit for selling higher blends of biodiesel, like B5+ and B11+. “This is kind of two-pronged as it helps growers produce soybeans and it […]
Sustainable Aviation Fuel Market Expected to Soar in Coming Years, Says New Report
The market for sustainable aviation fuel (SAF) — which can be made from corn and soybean oil — is set to skyrocket in the near future, according to a new report from Exactitude Consultancy. While the global SAF market’s valued at more than $84 million in 2022, the report projects it to reach more than $9.7 billion […]
Biodiesel and Renewable Diesel as a Lower Carbon Strategy
Lowering carbon emissions has become more than just an industry trend. For several years, carriers, shippers and brokers across all modes have become increasingly focused on reducing carbon emissions. It’s just good business practice in a competitive landscape where customers are looking to reduce their scope 3 emissions and to be in compliance with requirements. […]
How Does The Vector System Work?
The Vector System is a dual-fuel technology that enables heavy-duty diesel vehicles to operate on B100 (100% biodiesel) with no changes to the inner components of the engine, and with little to no additional infrastructure needed. But, how does this actually work? There are 5 components that make up this system: a B100 fuel tank, […]