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Biofuel Market Roundup: SAF and Airfare Costs, EUDR Concerns, and More

Biofuel Market Roundup: SAF and Airfare Costs, EUDR Concerns, and More

The biofuel market has seen its share of movement in recent weeks. With regulatory compliance and biofuel blending mandates on the horizon, understanding these trends is growing increasingly critical.

To help keep you afloat on the latest news, trends, and announcements, ResourceWise has launched our monthly Biofuels and Sustainability Newsletter. From relevant blogs to webinar announcements and more, the newsletter offers a convenient way to get the news and updates you need—delivered straight to your inbox.

Check out a preview of the inaugural edition, and subscribe to the newsletter so you'll never miss out on the latest information.

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EUDR (European Union Deforestation Regulation) sign in a forest.

Should the EUDR be Delayed?

ResourceWise

The EUDR’s proposed enforcement is set to start on December 30, 2024. As this date draws nearer, many industries are facing a compliance crisis.

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Airplane flying with price numbers in the background indicating increasing ticket prices due to SAF.

Will Airfare Prices Increase Because of SAF?

ResourceWise

As biofuel regulations and blending requirements push aviation toward renewables, one important concern continues to come up: will this mean higher airfare costs?

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A desk with papers, clips, and a pen and a paper that says "Fuel Tax Credit" for the IRS 45Z Clean Fuel Tax Credit.

US Clean Fuel Tax Credit Offers Big Incentives for Biofuel Producers

ResourceWise

On May 31, the US Treasury Department and the Internal Revenue Service (IRS) rolled out guidelines detailing how to register for the Section 45Z Clean Fuel Production Tax.

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A biodiesel pump dripping onto a pile of its feedstock, soybeans.

Biodiesel Production Hits Record Highs as Demand and Adoption Surge

Harvey Greer

Global biodiesel production has hit record levels, and the trends show continued growth across the industry. The increase further signals increasing biofuel adoption and usage within practically all market sectors.

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A European biodiesel production facility.

UK Launches Anti-Dumping Probe on Chinese Biofuel Imports

ResourceWise

The UK recently announced an anti-dumping investigation specifically focused on Chinese biodiesel. The move will likely cause some disruptions in Chinese trade in the short-term, with longer-term effects uncertain until the results are released.

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