The EPA is expected to approve canola oil as a feed stock for the manufacturer of advanced, low‑carbon fuel which will be qualified to earn credit under the Renewable Fuel Standard (“RFS”). The Rule would provide economic incentives to create renewable diesel, jet fuel, naphtha and liquid propane gas made from canola, and is expected to boost bio fuel makers’ options to produce RFS. The EPA has already approved a pathway for generating RFS credits from canola oil used for biodiesel production, but the new rule would approve a pathway for renewable diesel, which is a different product. For more… Read more
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