NEWS
Thu Sep 3, 2015 04:36 PM CDT

STREATOR, Ill. (DTN) -- The U.S. Department of Agriculture expects California's Low Carbon Fuel Standard and the potential removal of import restrictions by the European Union to boost sales of biodiesel in both the United States and Europe.

The USDA offered its outlook Thursday in a report entitled, "Biofuel Use in International Markets: The Importance of Trade," which reviewed the potential for ethanol and biodiesel industries domestically and globally.

The LCFS is a regulation designed to reduce by 10% the average lifecycle carbon intensity of the motor gasoline and diesel transportation fuel pool, including all petroleum and nonpetroleum components, sold ...

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