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Fossil fuel CI reduction requirements came into effect on July 1, 2023, but an early carbon credit creation mechanism operating June 2022 to June 2023 incentivized growth in ethanol use and blending in 2022 under Canada's CFR.
Peruvian total ethanol production in 2024 is forecast at 210 million liters, a slight decrease compared to the previous year. Total ethanol consumption for 2024 is forecast at 290 million liters, remaining at the same levels compared to the previous year.
Wavering and uncertain polices and prices continue to limit fuel ethanol consumption in China. In late 2020 the State Council called for controlling the expansion of fuel ethanol processing capacity.
Japan’s Agency of Natural Resources and Energy will accept public comments on its proposed 6th Strategic Energy Plan between September 3 and October 4, 2021. All comments must be submitted in Japanese.
The Brazilian Low Carbon market framework has successfully been set. Renovabio was implemented in late 2019 and has progressed well.