03.28.2024
LCFS credit volumes, average prices move higher
**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**
**Bob Lane was out of the office today.**
California low carbon...
US Secretary of Agriculture announces $100 million to expand blending
US Secretary of Agriculture Sonny Perdue said his department will make available $100 million in competitive grants for activities to expand the availability and sale of renewable fuels through the Higher Blends Infrastructure Incentive Program (HBIIP).
Funds will be made directly available to assist transportation fueling and biodiesel distribution facilities with converting to higher biodiesel and ethanol blends by sharing the costs related to and/or offering sales incentives for the installation of fuel pumps, related equipment and infrastructure.
Grants of up to 50 percent of the total costs, but not more than $5 million, are available to vehicle fueling facilities. USDA plans to make available approximately $86 million for implementation activities related to higher blends of fuel ethanol, and approximately $14 million for implementation…