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New cutting edge facility in southern Alberta to create jobs, cut emissions by creating biofuel from waste – Advanced BioFuels USA
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Renewable Energy Group s CEO says biodiesel industry fueled for post-pandemic challenges
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Renewable Energy Group s CEO says biodiesel industry fueled for post-pandemic challenges
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Biofuels industry gets hit with second court blow in a week
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New Jersey lawmakers urge EPA to reform renewable-fuels standard for small refiners
New Jersey lawmakers waded into a long-running battle by independent oil refiners for reform of a federal mandate that the companies say is costing them millions of dollars and threatening their survival.
Both the Senate and Assembly unanimously passed a resolution urging President Joe Biden and the Environmental Protection Agency to allow waivers to the Renewable Fuels Standard that would ease financial pressure on refiners such as Parsippany-based PBF Energy which employs about 225 people at a facility in Paulsboro.
To comply with the standard, PBF and other refiners who are unable to blend biofuels such as ethanol with gasoline and diesel are required instead to buy credits called Renewable Identification Numbers, or RINs, that have recently surged in price because they are traded on the open market.