Askbnef: US Biofuel Policy Overhaul and Its Global Implications
The US Renewable Fuel Standard has supported the blending of biofuels in road fuel for the past 20 years. Yet the federal government is considering changes to the program, including a significant step up in volume obligations and restrictions on the ability for foreign feedstock and fuels to generate full RIN credits. These changes could send shockwaves across global agriculture and biofuel trade flows, impacting everything from Brazil's soybean market to the UK's sustainable aviation fuel supply.
In this AskBNEF webinar, Claire Curry is joined by Anastacia Davies from BNEF and Sabrina Gutierrez from Bloomberg Intelligence to talk about what the Renewable Fuel Standard is, how the program is changing and the impact of these reforms on feedstock, fuel and pricing.