USGC SAF Consultant Mark Ingebretson (left) moderates a panel on current SAF applications at the 2024 Sustainable Aviation Fuel (SAF) and Bioethanol Summit in Tokyo, Japan. SOURCE: USGC
November 5, 2024
BY U.S. Grains Council
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CARB on June 27 announced amendments to the state’s LCFS regulations will take effect beginning on July 1. The amended regulations were approved by the agency in November 2024, but implementation was delayed due to regulatory clarity issues.
Legislation introduced in the California Senate on June 23 aims to cap the price of Low Carbon Fuel Standard credits as part of a larger effort to overhaul the state’s fuel regulations and mitigate rising gas prices.
In May, U.S. Grains Council Chairwoman Verity Ulibarri and USGC President and CEO Ryan LeGrand traveled to Beijing and Hong Kong, China to meet with key industry counterparts and join the USDA’s Agribusiness Trade Mission.
The U.S. EIA reduced its 2025 and 2026 production forecasts for a category of biofuels that includes SAF in its latest Short-Term Energy Outlook, released June 10. The forecast for 2025 renewable diesel production was also revised down.
The U.S. Energy Information Administration maintained its 2025 and 2026 forecasts for renewable diesel and “other biofuel” production, which includes SAF, in its latest Short Term Energy Outlook, released May 6.