Please Summarize The Text Below
Biofuels International Magazine is a leading global publication that is released 6 times a year providing in-depth analysis, breaking news, and price assessments for various biofuels such as ethanol, biodiesel, RINs, MTBE, and ETBE. In the United States, biofuels growth has been revised down by 15% for 2022 due to expected increases in gasoline and diesel demand. The second-generation biofuels market is growing significantly due to a global commitment to sustainability, and Biofuels Central and Quantum Commodity Intelligence provide news and market intelligence on this industry. Renewable fuel credits have been impacted by recent news about EPA abandoning EV regulations. Top markets for biofuels in 2022 include Peru, Brazil, and India, with trade data for 2023 set to be released in Spring 2024.
The biofuels industry has witnessed a shift in growth projections, particularly in the United States, where biofuels growth for 2022 has been revised down by 15% because of anticipated increases in gasoline and diesel demand. Second-generation biofuels are experiencing significant market expansion globally, driven by a collective commitment to sustainability. Notably, there is news and market intelligence available from companies such as Biofuels Central and Quantum Commodity Intelligence. Additionally, the EPA's recent abandonment of EV regulations has impacted renewable fuel credits. Top biofuels markets in 2022 include Peru, Brazil, and India, with trade data for 2023 expected to be released in Spring 2024.
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