United States biofuel policies

Biomethane Market is Poised to Reach $4.68 Billion by 2032 | Europe, and North America Captures 60% Market Share, Says Extrapolate

Retrieved on: 
Thursday, March 23, 2023

DUBAI, UAE, March 23, 2023 /PRNewswire/ -- According to the research report published by Extrapolate, the global Biomethane Market is estimated to attain a valuation of USD 4.68 billion by 2032 from USD 2.31 billion in 2022 at a CAGR of 7.32% from 2023 to 2032.

Key Points: 
  • With rural areas taking center stage, the market is poised to witness remarkable growth, projected to reach USD 4.68 billion by 2032.
  • "Humans generate over 105 billion tons of organic waste globally yearly, releasing harmful methane and other greenhouse gas emissions as they decompose.
  • Biomethane is best suited for end-use industries with limited low-carbon substitutes, such as high-temperature heating, petrochemical feedstock, heavy-duty transportation, and marine shipping.
  • As per Extrapolate's study, Europe and North America collectively contribute over 60% to global biomethane production capacity.

Biomethane Market is Poised to Reach $4.68 Billion by 2032 | Europe, and North America Captures 60% Market Share, Says Extrapolate

Retrieved on: 
Thursday, March 23, 2023

DUBAI, UAE, March 23, 2023 /PRNewswire/ -- According to the research report published by Extrapolate, the global Biomethane Market is estimated to attain a valuation of USD 4.68 billion by 2032 from USD 2.31 billion in 2022 at a CAGR of 7.32% from 2023 to 2032.

Key Points: 
  • With rural areas taking center stage, the market is poised to witness remarkable growth, projected to reach USD 4.68 billion by 2032.
  • "Humans generate over 105 billion tons of organic waste globally yearly, releasing harmful methane and other greenhouse gas emissions as they decompose.
  • Biomethane is best suited for end-use industries with limited low-carbon substitutes, such as high-temperature heating, petrochemical feedstock, heavy-duty transportation, and marine shipping.
  • As per Extrapolate's study, Europe and North America collectively contribute over 60% to global biomethane production capacity.

United, Honeywell Invest in New Clean Tech Venture from Alder Fuels, Powering Biggest Sustainable Fuel Agreement in Aviation History

Retrieved on: 
Thursday, September 9, 2021

CHICAGO and DES PLAINES, Ill., Sept. 9, 2021 /PRNewswire/ -- United and Honeywell today announced a joint multimillion-dollar investment in Alder Fuels – a cleantech company that is pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale by converting abundant biomass, such as forest and crop waste, into sustainable low-carbon, drop-in replacement crude oil that can be used to produce aviation fuel. When used together across the fuel lifecycle, the Alder technologies, coupled with Honeywell's Ecofining™ process, could have the ability to produce a carbon-negative fuel at spec with today's jet fuel. The goal of the technologies is to produce fuel that is a 100% drop-in replacement for petroleum jet fuel.

Key Points: 
  • The goal of the technologies is to produce fuel that is a 100% drop-in replacement for petroleum jet fuel.
  • As part of the agreement, United is committing to purchase 1.5 billion gallons of SAF from Alder when produced to United's requirements.
  • "United has come further than any other airline making sustainable travel a reality by using SAF to power flights.
  • Alder's technology and demand for its fuel from the aviation industry create a large new market for biomass from regenerative practices.

World Energy and Community Fuels Partner to Speed Access to Low-Carbon Fuel Throughout California

Retrieved on: 
Tuesday, April 6, 2021

BOSTON and STOCKTON, Calif., April 6, 2021 /PRNewswire/ -- World Energy , a low-carbon fuel provider for the transportation sector, and Community Fuels , a leading advanced biofuel production and distribution company based in Stockton, California, today announced a partnership to enhance access to low-carbon fuels throughout California.

Key Points: 
  • BOSTON and STOCKTON, Calif., April 6, 2021 /PRNewswire/ -- World Energy , a low-carbon fuel provider for the transportation sector, and Community Fuels , a leading advanced biofuel production and distribution company based in Stockton, California, today announced a partnership to enhance access to low-carbon fuels throughout California.
  • Community Fuels has an annual production capacity of 22 million gallons of biodiesel.
  • These investments will streamline access to the rapidly growing demand for low-carbon fuels, which reduce carbon emissions by as much as 89 percent .
  • World Energy is poised to play a big role in decarbonizing California, and that calls for ever-intensifying action now."

Clean Energy Lauds Passage of Alternative Fuel Tax Credit by Congress

Retrieved on: 
Tuesday, December 22, 2020

Clean Energy Fuels Corp. (NASDAQ: CLNE ) applauds the passage by the U.S. Congress of an alternative fuel tax credit which will continue to support the expansion of renewable natural gas (RNG), the cleanest transportation fuel that is currently powering tens of thousands of large vehicles every day.

Key Points: 
  • Clean Energy Fuels Corp. (NASDAQ: CLNE ) applauds the passage by the U.S. Congress of an alternative fuel tax credit which will continue to support the expansion of renewable natural gas (RNG), the cleanest transportation fuel that is currently powering tens of thousands of large vehicles every day.
  • We applaud Congress and the President for taking this action and encourage the implementation of permanent measures to encourage further use of this superior and clean fuel.
  • The legislation includes the Alternative Fuels Tax Credit, which extends the $0.50 per gallon fuel credit/payment for the use of RNG as a transportation fuel, and the Alternative Fuel Vehicle Refueling Property Credit, which extends the 30 percent/$30,000 investment tax credit for alternative vehicle refueling property.
  • Clean Energy Fuels Corp. is North Americas leading provider of the cleanest fuel for the transportation market.

Clean Energy Applauds Passage of Alternative Fuel Tax Credit by Congress

Retrieved on: 
Friday, December 20, 2019

Clean Energy Fuels Corp. (NASDAQ: CLNE ) applauds the passage by the U.S. Congress of an alternative fuel tax credit which will continue to support the use of natural gas, a clean and affordable domestic transportation fuel option.

Key Points: 
  • Clean Energy Fuels Corp. (NASDAQ: CLNE ) applauds the passage by the U.S. Congress of an alternative fuel tax credit which will continue to support the use of natural gas, a clean and affordable domestic transportation fuel option.
  • This tax credit will support the continued expansion of natural gas fueling in the U.S., which will help to clean our air, address long-term climate issues and keep dollars here, said Andrew J. Littlefair, president and CEO of Clean Energy.
  • The legislation includes the Alternative Fuels Tax Credit, which extends the $0.50 per gallon fuel credit/payment for the use of natural gas as a transportation fuel, and the Alternative Fuel Vehicle Refueling Property Credit, which extends the 30 percent/$30,000 investment tax credit for alternative vehicle refueling property.
  • Clean Energy sells Redeem RNG fuel and believes it is the cleanest transportation fuel commercially available, reducing greenhouse gas emissions by at least 70%.

Renewable Energy Group Launches New Website That Serves as Leading Resource on Cleaner Fuels

Retrieved on: 
Monday, July 1, 2019

Renewable Energy Group (Nasdaq: REGI) has launched a new website, regi.com , that includes hundreds of resources about cleaner fuels like biodiesel and renewable diesel, offering a wealth of information to people wanting to learn more about emission-cutting fuels and the nations largest biodiesel producer.

Key Points: 
  • Renewable Energy Group (Nasdaq: REGI) has launched a new website, regi.com , that includes hundreds of resources about cleaner fuels like biodiesel and renewable diesel, offering a wealth of information to people wanting to learn more about emission-cutting fuels and the nations largest biodiesel producer.
  • View the full release here: https://www.businesswire.com/news/home/20190701005214/en/
    Renewable Energy Groups new website homepage serves as a source for educational, product and technical information on cleaner fuels.
  • The website is intended to serve a wide variety of visitors, including the general public, customers, investors and potential employees.
  • Renewable Energy Group, Inc., (Nasdaq: REGI) is leading the energy industry transition to sustainability by transforming renewable resources into high-quality, cleaner fuels.

Global Biofuels Market Report & Database 2019: Focus on Bioethanol/Bio-Ethyl Alcohol, Vegetable Oil-Based (Biodiesel), NSK - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 11, 2019

The "Biofuels Market World Report & Database" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Biofuels Market World Report & Database" report has been added to ResearchAndMarkets.com's offering.
  • The Biofuels Market World Report & Database provides data on the net market for the Products and Services covered in each of 205 countries.
  • The Biofuels Market World Report & Database provides data on the net market for the Products and Services covered in each of 205 countries.
  • The Biofuels World Report & Database gives Market Consumption / Products / Services for over 200 countries by each Product by 3 Time series: From 1997 and Forecasts to 2027 & 2027-2046.

Global $1.5+ Bn Biofuel Enzymes Market Forecasts to 2024 Featuring DuPont, Iogen Corporation, Novozymes, Codexis, Inc., and MetGen

Retrieved on: 
Monday, April 8, 2019

DUBLIN, April 8, 2019 /PRNewswire/ -- The "Biofuel Enzymes Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 8, 2019 /PRNewswire/ -- The "Biofuel Enzymes Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
  • Biofuel Enzymes market is projected to grow at a CAGR of 9.05% to reach US$1,519.725 million by 2024, from US$903.772 million in 2018.
  • Growing environmental concerns and stringent government regulations and policies for blending of biofuels are significantly driving the demand for biofuel enzymes.
  • Growing global biodiesel consumption and bio-based ethanol owing to strict carbon dioxide emission norms is also fueling the growth of biofuels enzymes market.

Malaysian Biodiesel Mandate to 2020 - Controversial Protection of the Malaysian Palm Oil Industry

Retrieved on: 
Monday, December 17, 2018

This study offers a detailed overview of the biodiesel mandate in Malaysia and the steps taken by the Malaysian government to protect the Malaysian palm oil industry.

Key Points: 
  • This study offers a detailed overview of the biodiesel mandate in Malaysia and the steps taken by the Malaysian government to protect the Malaysian palm oil industry.
  • Palm oil is a key ingredient in the biodiesel produced in Malaysia.
  • In 2006 the Malaysian government launched the National Biofuel Policy (NBP) as an initiative to further spur the biofuel market.
  • What is the reaction from the industry with regard to the Malaysia Biofuel Mandate?