While volumetric mandates for biofuels remain in much of the world, biofuel policies requiring aggressive carbon emission reductions are becoming more prolific, especially in Europe and the Americas. Join us for a discussion of EU’s Fit for 55 Plan, the U.S.’ Inflation Reduction Act, Canadian Clean Fuel Regulations and Brazilian Fuel of Future Program to learn how refiners and biofuel producers are adjusting their operations to become more climate-friendly and to comply with ever-changing laws and regulations.
As the demand for biofuel grows, the agriculture and feedstock industries have started to gear up to meet the new demand and balance it with on-going food consumption which has and continues to be the major market for agricultural products. Balancing food and fuel have brought a wave of expansion for vegetable oil production, redirected trade flows of fats and grease, driven a new era of innovation to expand feedstock output and lowered the carbon footprint of agricultural products for food and biofuels. How are the agriculture, food and biofuel sectors balancing the appetite for multiple agricultural products?