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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256
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EIA: US biomass-based diesel imports increased to record levels in 2013; from net exporter to net importer

Green Car Congress

The LCFS sets annual carbon intensity (CI) targets for fuel providers, to reduce the carbon content of gasoline and diesel fuels through 2020. This increase in production during 2013 was driven in part by favorable blending economics by way of the $1.00 per gallon biodiesel blending tax credit, which expired on 31 December 2013.

2013 225
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. With a strong exit to 2014, and gasoline prices currently plunging, consumers may feel even more positive throughout 2015. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. million units. million units.

2015 150
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USDA Long-Term Projections See Ongoing But Slower Growth in Corn Use for Ethanol

Green Car Congress

While expansion in the ethanol industry will continue over the next ten years, there will be slower growth for corn-based ethanol, largely reflecting moderate growth in overall gasoline consumption in the United States, according to the US Department of Agriculture’s (USDA) Long-Term Agricultural Projections released on 12 Feb.