biofuels

US Launches Four-Part Strategy to Expand Biofuel Market

U.S. Agriculture Secretary Brook Rollins announced the launch of USDA’s new American Biofuels Trade Outlook, a four-part strategy that aims to boost export opportunities for U.S. biofuel producers, at the 17th Annual Growth Energy Biofuel Summit. 
Pixabay
Pixabay

According to Rollins, the first pillar aims to increase on-road ethanol blending.

“USDA will identify breakthrough markets like in Latin America and Southeast Asia…They are prime for E10 adoption,” Rollins said. “And, USDA will address implementation challenges for the 20 markets around the world with E10 policies in order to ensure continued, reliable access to existing ethanol export markets.”

The second pillar aims to reduce or remove restrictions other nations have placed on U.S. crop-based biofuels.

“Currently, several economies, including the European Union, restrict crop based biofuels from supplying their transportation fuel demand,” Rollins said. “These restrictions, hamstring growth opportunities for U.S. biofuels exports by limiting their potential uses. It is essential that we open more markets to our U.S. biofuels for on-road transportation, for aviation, and for marine fuel markets.”

The third pillar will aim to reach untapped and highiImpact markets by utilizing USDA market-access programs and the America First Trade Promotion Program to pursue strategic growth, calling out India for on-road expansion alongside long-term partners like Indonesia, Japan, and Vietnam.

The final pillar will attempt to accelerate engagement with the International Civil Aviation Organization (ICAO) and the International Maritime Organization (IMO) to secure fair treatment and prevent competing nations (such as Brazil) from shaping restrictive global regulations.

     Rollins said the policy is designed to support corn and soybean farmers, boost agricultural sustainability, and create jobs in rural American communities.
       
       


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