Massachusetts Progress Towards a LCFS Program – Bill S.2995, An Act Creating a Next-Generation Roadmap for Massachusetts Climate Policy was enacted by both legislative branches on January 4, 2021 and vetoed by Governor Baker on January 14 at the end of the 2019/2020 legislative session due to time constraints not allowing for amendment. Lawmakers passed Senate Bill 9, replacing SB 2995, on January 28, 2021. On Feb 8, Governor Baker returned the bill to the Senate with amendment. On March 26, the governor signed the bill into law.
With the Massachusetts climate policy/roadmap in place, Massachusetts attention turns to the Transportation and Climate Initiative Program (TCI-P). The TCI-P is a multi-state effort to create a regional cap-and-invest program in the transportation sector. The program will function similarly to the Regional Greenhouse Gas…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...