May 24, 2023
EU Parliament backs new labelling rules for sustainable products including offsetting schemes
Policy News
May 23, 2023
bp is considering buying stakes in biofuel feedstock producers and investing directly in farming ventures to secure supplies as the global race for the low-carbon fuel speeds up.
Fuels made from vegetable oil, waste cooking oil and grease are expected to play a central role in reducing greenhouse gas emissions for the difficult to decarbonise sectors like aviation and... [Read More]
Policy News
May 19, 2023
The Council on Sustainable Aviation Fuel (CoSAFA) has introduced its Methodology for SAF Environmental Attribute Transactions, a first step in establishing recognised procedures for sustainable aviation fuel (SAF) accounting and auditing to support global book and claim systems.
The guidance details the information and procedures necessary for individual book and claim... [Read More]
Policy News
May 9, 2023
Sweden minority coalition has cut the amount of biofuel that must be added to diesel and petroleum.
A government agency spokesman admitted that the country will struggle to hit its 2030 emissions targets, Reuters reported.
The Sweden Democrats-backed coalition government has already cut fuel taxes, raised tax breaks for people driving to work and ended new electric vehicles... [Read More]
Policy News
May 5, 2023
Shell has registered a stronger than expected profit of $9.6 billion (€78.6 billion) for the first three months of 2023.
The oil and gas giant was higher than the same period last year despite a fall in energy prices.
Fossil fuel firms have been reaping record profits due to a surge in oil and gas prices following Russia's invasion of Ukraine last year. However, they... [Read More]
Policy News
May 3, 2023
NATSO, representing truck stops and travel plazas, and SIGMA, America’s leading fuel marketers, commended the Biden Administration for permitting summertime sales of petrol containing 15% ethanol (E15) to ensure optimal availability for consumers during the busy summer season.
“E15 enables fuel retailers to improve gasoline’s emissions characteristics while lowering... [Read More]
Policy News
Apr 28, 2023
Imports of Australian rapeseed to the German market have increased markedly while the pace of Canadian arrivals has slowed down since January.
According to information published by the German Federal Statistical Office, Germany purchased around 3.7 million tonnes of rapeseed in the period from July 2022 to February this year.
Despite a significantly larger domestic... [Read More]
Policy News
Apr 26, 2023
The European Parliament and Council negotiators have agreed to increase the uptake of sustainable fuels such as advanced biofuels or hydrogen in the aviation sector.
A provisional deal, reached on April 24, between the European Parliament and Council negotiators on RefuelEU Aviation rules, sets the minimum share of sustainable aviation fuels to be made available at EU... [Read More]
Policy News
Apr 24, 2023
MEPs have adopted the reform of the EU’s Emissions Trading System including for aviation and maritime - the Carbon Border Adjustment Mechanism and a new Social Climate fund.
Parliament approved the deals reached with EU countries in late 2022 on several key pieces of legislation that are part of the Fit for 55 in 2030 package on Tuesday.
This is the EU’s plan to... [Read More]
Policy News
Apr 12, 2023
The University of Sheffield has been chosen to be the home of the UK’s first Sustainable Aviation Fuel Clearing House - part of the government’s new investment plan to help decarbonise transport.
The Energy Institute at the University of Sheffield will have a central hub to coordinate the testing and certification of new sustainable aviation fuels.
Expected to open... [Read More]
Policy News
Apr 11, 2023
Firms including Bank of America, Boom Supersonic, Boston Consulting Group, JPMorgan Chase & Co, Meta and clean energy non-profit RMI are joining together through the Sustainable Aviation Buyers Alliance (SABA) to purchase sustainable aviation fuel (SAF) certificates at scale.
This leap forward from previous individual SAF certificate purchases by corporations dramatically... [Read More]
Policy News
Apr 6, 2023
The UK and Ireland Fuel Distributors Association (UKIFDA) revealed its member Mitchell and Webber undertook the first lifting of US imported hydrotreated vegetable oil (HVO) at the Valero terminal in Cardiff.
This follows a decision by the then Department of International Trade in November 2022 to lift import tariffs on US HVO - previously imposed when the UK was a member... [Read More]
Policy News
Apr 3, 2023
Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore.
"We can confirm that we are stopping the exploration of two projects – a biofuels unit and a Group II base oil plant in Singapore," the company told Reuters in an emailed statement.
"We will continue supplying base oil and lubricants, as well as biofuels,... [Read More]
Policy News
Mar 31, 2023
Velocys, the sustainable fuels technology company, welcomed the consultation paper from the UK Government which contains a number of proposals aimed at supporting and financing the development of the sustainable aviation fuel (SAF) industry.
Velocys believes this will help to support the further development of its UK reference project, Altalto Immingham and other UK... [Read More]
Policy News
Mar 30, 2023
The American Coalition for Ethanol (ACE) has thanked lawmakers for introducing the Consumer and Fuel Retailer Choice Act in both the House and Senate.
This will help to clarify that E15 should be allowed for sale year-round by extending the 1-psi Reid vapour pressure (RVP) waiver to fuel blends containing gasoline and over 10% ethanol. The bill received bipartisan, bicameral... [Read More]
Policy News
Mar 30, 2023
The EWABA association has hailed the RED III political agreement reached on March 30 as a good deal for the industry.
The 14.5% GHG transport sub-target will ensure that the EU significantly reduces GHG emissions in one of its most polluting sectors.
The possibility to set the transport target in energy content will facilitate Member States’ policy options to achieve... [Read More]
Policy News
Mar 29, 2023
The European Commission has proposed a new Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the transition.
This initiative was announced by President Ursula von der Leyen as a part of the Green Deal Industrial Plan.
The Act will strengthen the resilience and competitiveness of net-zero technologies... [Read More]
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