Markets and trade
 

Detail

Area
United States of America
Commodity Group
Biofuels
Commodity
Biofuels
Date
01/01/2020
Policy Category
Renewable energy
Policy Instrument
Biofuel policy
Description
From January 2020 to February 2020: Announced that it would make available up to USD 100 million in competitive grants for activities designed to expand the availability and sale of renewable fuels. The initiative would help to set up infrastructure required to supply higher biofuel blends across the country. Furthermore, the Government awarded a grant aimed at expanding the use of oilseeds and other oil-rich crops in renewable jet fuel production.
Notes
UNITED STATES – biofuel policies: To set up infrastructure required to supply higher biofuel blends across the country, USDA will make available grants worth USD 100 million through its newly created Higher Blends Infrastructure Incentive Program. Moreover, to promote the use of environmentally friendly fuels and ensure that the 2020 consumption targets for ethanol, biodiesel and other renewable fuels are met, USDA committed to increase the number of biofuel capable vehicles in its own fleet. Furthermore, USDA’s National Institute for Food and Agriculture awarded a grant aimed at expanding the use of oilseeds and other oil-rich crops in renewable jet fuel production. Under the grant, new, cost-effective manufacturing technologies would be developed and crop feedstocks with vegetable oil compositions tailored for such technology would be identified. Initially, attention would focus on camelina seed oil, though other feedstocks such as genetically modified soybeans and oil-rich sorghum would also be considered. On a separate note, USDA informed that the rules governing its Advanced Biofuel Payment Program (which also applies to producers of biodiesel) have been amended.