Area
United States of America
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/12/2019
Policy Category
Renewable energy
Policy Instrument
Biofuel policy
Description
Determined the volume of renewable fuels that would have to be supplied to the market. In the advanced biofuel category, under which biodiesel qualifies, the requirement for 2020 was raised compared with 2019, while the 2021 volume for biomass-based diesel was left unchanged from its 2020 level.
Notes
UNITED STATES biofuel policy (mandatory biofuel requirements): In December, the Environmental Protection Agency (EPA) finalized the volume of renewable fuels that will have to be supplied to the market in 2020 as well as the blending obligations for biomass-based biodiesel in 2021. As for biomass-based diesel, EPA confirmed that the 2021 requirement would remain unchanged from 2020, i.e. at 2.43 billion gallons. With regard to the advanced biofuel category, under which biodiesel also qualifies, 5.09 billion gallons will be required in 2020 up from the 2019 level of 4.92 billion gallons (and 170 million gallons above EPAs initial proposal see MPPU Sep.19).
