RenovaBio is a Brazilian carbon reduction regulation that will become effective in December of this year. The regulation was fast tracked and has developed very quickly leaving a lot of questions and concerns for the US renewable fuel industry. In our attempts to keep you current with recent industry happenings, Christianson has prepared a brief overview of the program and the main concerns for U.S. participants. There are three main points that we want to address prior to getting into the overview of the model and regulation. First, it was announced that the Brazilian tariff rate quota would remain intact but would be raised to 198 million gallons of tariff free gallons rather than the previous 159 million gallons. Anything Read More...