sustainability

Biden Administration Announces Principles to Advance Voluntary Carbon Markets

Carbon Market, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

The Biden administration on May 28 announced a policy statement and new principles to develop high-integrity voluntary carbon markets, or VCMs, that can unlock private capital to drive decarbonization efforts. The move is intended to support the responsible development of VCMs with “guardrails in place,” so that the market is equipped to spur credible climate…...

biodiesel exports

U.S. Biodiesel Imports Doubled in 2023 Due to Low Prices in Europe: EIA

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas

U.S. biodiesel imports increased twofold during 2023 compared to 2022 and were recorded at 33,000 barrels per day (b/d), according to a May 28 report published by the U.S. Energy Information Administration. Moreover, U.S. biodiesel imports continued to increase in the first two months of 2024. Majority of the biodiesel imports come from Germany, whereas…...