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April 10, 2015
EPA Approves Imports of Argentinian Biodiesel While US Industry Limps Along
The U.S. biodiesel industry was the first success story of the advanced renewable fuels economy. Sourced from waste fats, oils, greases as well as soybean and corn oil, it’s a small industry when compared to corn ethanol and even the nascent cellulosic industry, but has still managed to exceed volumes outlined by the Renewable Fuel Standard (RFS) for three years running. Despite these successes, biodiesel has felt the chilling effects of the uncertainty of the RFS going forward. Therefore, it was no surprise that the U.S. biodiesel industry replied with consternation when the EPA approved a streamlined process for imports of Argentinian biodiesel, requested by Argentina’s biofuels association, CARBIO, in January. It is estimated that the move could bring 600 million gallons of Argentinian biodiesel into the U.S. market a year, approximately 34 percent of total U.S. production in 2014 (at 1.75 billion gallons).
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To Contact the Editor: Jessie Stolark at [email protected]
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