The Biotechnology Industry Organization (BIO) is “generally supportive” of California’s plan to readopt the state Low Carbon Fuel Standard, the trade organization stated in comments submitted Tuesday to the California Air Resources Board (CARB). As a trade organization representing advanced biofuel producers, BIO expressed concerns about certain aspects of the law and their potential impact on the production of low carbon biofuels.
Brent Erickson, executive vice president of BIO’s Industrial & Environmental Section, wrote in the comments:
“BIO and its members are concerned that the intensified reporting requirements under the readoption plan could be particularly burdensome in time and cost to small and new low-carbon fuel producers. BIO urges CARB to take this concern into account as it works to finalize the readoption plan so that advanced and drop in biofuels can play a meaningful role in reducing climate emissions. CARB should make every effort to ensure that the new reporting (and other) requirements under the plan do not inadvertently discourage small producers or innovation.
Key data points: The growth forecast = 22% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market to 2031 by type (aqueous solution electrolysis tank, molten salt electrolytic cell, and non aqueous solution electrolytic cell), application (chemical plant, thermal power generation, hydrogen refueling station, renewable hydrogen production, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages“BIO is generally supportive of the readoption plan, but has concerns as outlined in this letter with respect to the compliance curve, reporting requirements, GREET model, and denaturant calculation.”
