OPIS Publishes White Paper: “Implications for Revitalized Brazilian Sugarcane Ethanol and U.S.-Produced Corn Ethanol”
BioRefineries/Renewable Fuel Production, Brazil, Business News/Analysis, Environmental Protection Agency, Federal Agency/Executive Branch, Feedstocks, Field/Orchard/Plantation Crops/Residues, Opinions, Policy, Sustainability
July 24, 2017
Brazil’s Ministry of Mines and Energy recently launched RenovaBio, a program poised to take a radically new approach to expanding the production and use of biofuels in Brazil.
Should Brazil’s RenovaBio program adopt a Carbon Intensity (CI) rating system similar to California’s Low Carbon Fuel Standard (LCFS), sugarcane ethanol’s lower CI rating would incentivize fuel suppliers to boost their sales of sugarcane ethanol and potentially diminish the market share of U.S. corn ethanol in Brazil.
Meanwhile, the U.S. EPA’s Renewable Fuel Standard recognizes sugarcane ethanol as an advanced biofuel. Advanced biofuel Renewable Identification Number (RIN) values historically have been pegged at a considerable premium to D6 (corn ethanol) RIN values. That premium could contribute to a more workable Brazil-to-California ethanol arbitrage.
Download this free white paper for more about the latest developments and learn how this program could change Brazil’s and the United States’ ethanol imports and exports. READ MORE
and MORE: