On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called 45ZCF-GREET.
Using the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) or the updated GREET model — which shows extensive changes over the previous version and is still being assessed by Fastmarkets — biofuel producers can now determine their feedstock emissions rate under the 45Z Clean Fuel Production Credit (CFPC). The value of the credit is based on a fuel’s lifecycle greenhouse gas emissions rate.
In general, many new options have been added for fuels, feedstocks and production pathways.
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02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...