• June 5, 2024

Biofuels industry exceeds EPA’s expectations

Biofuels industry exceeds EPA’s expectations

Biofuels industry exceeds EPA’s expectations 1024 618 Star Oilco

Biofuels Industry Surpasses Expectations with a Massive Production Rise

Based on the data, biomass-based diesel production has increased massively in the United States, including biodiesel, renewable diesel, sustainable aviation fuel, and heating oil. Biomass-based diesel was expected to produce 4 billion gallons in 2023. Biofuel production and use increased by one billion gallons from last year to this year, which is a big jump. As a result of this achievement, a breakthrough has been achieved. The industry has surpassed what the EPA once thought was impossible with the development of advanced biofuels derived from sustainable sources.

So the real question is, what if we don’t choose biodiesel or renewable diesel over petroleum diesel for our diesel engines?

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  • Biofuel production soared in 2023, exceeding EPA goals.

  • US biomass-based diesel production (biodiesel, renewable diesel, SAF, heating oil) reached 4 billion gallons.

  • Biofuel production and use jumped by 1 billion gallons year-over-year.

Clean Fuel Industry Beats Regulations in Decarbonization Push

While the Clean Fuels Alliance urged the EPA to set even more ambitious goals, like increasing biomass-based diesel production by 500 million gallons a year over the next three years, the EPA has taken a more conservative approach. Regulations aren’t keeping up with the industry, but it’s not waiting for them. Clean fuels are becoming more accessible and heavy-duty transportation fuels used by aviation and maritime are getting decarbonized. The industry has shown its ability to grow quickly and sustainably thanks to this collaborative effort.

  • Clean Fuels Alliance pushed for aggressive EPA goals: 500 million gallons annual increase in biomass-based diesel production for 3 years.

  • EPA’s finalized standards took a cautious approach.

  • Oil and gas producers, refiners, distributors, and retailers don’t have to wait for strict regulations to act (producers, refiners, distributors, retailers).
  • Industry collaboration demonstrates the potential for rapid, sustainable growth.

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Despite this year’s achievements, the Clean Fuels Alliance remains focused on the future. There’s so much potential in sustainable biofuels that we think the EPA hasn’t tapped into yet. Supporting biodiesel, renewable diesel, and SAF production can help achieve clean energy progress.

In reality, why wouldn’t we make the switch to lower our carbon emissions today?

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