Latest News

10
Dec 2024
France

Government reveals 2026-2030 GHG targets

Published on Nov. 5 2024 on our platform On November 4 2024, the Ministry in charge of ecology opened a public consultation on the pluriannual programming of energy (PPE3). The document confirms the switch to a GHG reduction target from 2026, with obligations levels proposed. As we reported recently, the French government confirmed its decision…

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12
Nov 2024
Germany

Broad support for carry-over reform

Published on October, 23 2024 on our customer platform   We analysed the 22 statements made by Associations representing all interests linked to the THG quota fulfilment under the public consultation to revise the carry-over rules, showing broad support.   The split by type of stakeholders is the following: Bioenergy and e-fuels associations: 11 (50%)…

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10
Sep 2024
China

9.5% GHG reduction by 2030 officially targeted

Published on August 14, 2024 on our platform The Government of China recently released a document on accelerating the green transition, proposing a target to reduce the carbon intensity of the transport sector, specifically for commercial transportation.   On August 11, the State Council published a series of guidelines to support the green transition of…

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13
Aug 2024
Germany

UERs fraud investigated, EVs savings also under scrutiny

SquareCo gained access to a document sent by the Federal Cabinet to the Bundestag earlier in July, addressing the issues of frauds suspected for savings generated by UERs projects in China and, also, EVs’ in Germany.   Investigation underway for UERs projects In the document, the Federal Cabinet answered questions asked by the opposition (CDU/CSU…

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11
Mar 2024
Germany

Advocacy to end crop and POME based biofuels

Published on February 26, 2024 on our platform We gained access to a leaked draft of the National Biomass Strategy (NABIS), on which the Ministries of Environment (BMUV), Agriculture (BMEL) and Economy (BMVK) have worked for months. We detail the key proposals that would impact low-carbon fuels use in transport.   The version of the…

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11
Jan 2024
China

AD investigation opened: possible scenarios reviewed

Published on Dec 23 2023 on our platform.   The notice of initiation of an anti-dumping proceeding concerning imports of biodiesel originating from China (C/2023/1574) was published this morning. We review here the possible scenarios linked to this new investigation.   Timeline of the proceeding From today, the investigation shall begin with the publication of questionnaires, the…

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11
Oct 2023
France

Key changes drafted for 2025

Published on May 08, 2023 on our customer app   The French government published its proposal for the 2024 budget law (“Projet de loi de finances 2024” or “PLF 2024”) today, including all the rules applying for the TIRUERT framework in 2025.   The budget law will be debated during Q4-23 at the Parliament, with many…

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12
Sep 2023
Netherlands

Bullish HBE measures proposed

Published on September 05, 2023 on our customer app The Ministry of Infrastructure just opened a consultation about two major changes for 2024, a transitory year before a full revision of the biofuels policy. Greening mobility faster The government wants to support a faster development of renewables in transport. Currently enforced at 19.9% e.c, the blending…

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12
Aug 2023
Sweden

Cut to 6% would erase 1 million mt of HVO demand

Published on May 08, 2023 on our customer app 2022 We integrated SCB data for pools’ growth, showing that both diesel (-5%) and gasoline (-0.3%) have reduced further down, well below our previous anticipation We received insider info from the Energy Agency, showing a clear improvement of GHG performance in 2022 for ethanol (5.7 gCO2eq/MJ…

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12
May 2023
China

Export figures at all-time high in Q1-23

According to China Custom’s newly released export data, the export quantity in March still maintained at high level. China has seen the best quarterly result ever in Q1-23 for both FAME and HVO. UCO In Q1-23, a total quantity of 434 KT of UCO was exported, 24% higher than Q1-22. The quantity that exported in…

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