# Diesel Decarbonization Brings Transformative Opportunities for Next-Generation Biodiesel Feedstocks and Technologies | Webnewswire

> A Webnewswire release describes a study called Renewable Diesel 2030 that finds rising investment in biodiesel and renewable diesel plants using used cooking oil, tallow and new oilseed feedstocks. The release cites demand incentives for diesel decarbonization across several regions.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/58976-diesel-decarbonization-brings-transformative-opportunities-for-next-generation
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Investment in new renewable diesel capacity could support long-run demand for fats, oils and oilseeds. The release is promotional and describes future plans, so near-term price impact is small.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-07-05 | [ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association](https://feedsoft.ai/events/69850-asa-rfs-volumes-a-missed-opportunity-for-biodiesel-american-soybean-association.md) | +1.8% | +2.2% |
| SBO | 2020-01-27 | [Existing feedstocks critical for doubling biodiesel use by 2030 \| 2020-01-27  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55174-existing-feedstocks-critical-for-doubling-biodiesel-use-by-2030-2020-01-27-agri.md) | -6.5% | -7.9% |
| SBO | 2017-11-30 | [NBB disappointed in renewable volume obligation for biodiesel - Brownfield Ag News](https://feedsoft.ai/events/67843-nbb-disappointed-in-renewable-volume-obligation-for-biodiesel-brownfield-ag-news.md) | -2.5% | -4.3% |
| SBO | 2018-10-04 | [NBB Appreciates Bipartisan Support for Biodiesel Tax Incentive Extension - Fuels Market News](https://feedsoft.ai/events/62416-nbb-appreciates-bipartisan-support-for-biodiesel-tax-incentive-extension-fuels.md) | -2.9% | -5.1% |
| SBO | 2022-03-18 | [Increasing soybean oil demand presents new opportunities for American soybean farmers](https://feedsoft.ai/events/15410-increasing-soybean-oil-demand-presents-new-opportunities-for-american-soybean.md) | -0.5% | +261.4% |
| SOY | 2022-03-16 | [Next U.S. farm bill challenges and opportunities](https://feedsoft.ai/events/42254-next-u-s-farm-bill-challenges-and-opportunities.md) | +2.3% | +0.7% |
| SOY | 2017-07-05 | [ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association](https://feedsoft.ai/events/69850-asa-rfs-volumes-a-missed-opportunity-for-biodiesel-american-soybean-association.md) | +6.3% | -0.5% |
| SOY | 2023-03-22 | [EU's deforestation regulation: challenges and opportunities for food companies](https://feedsoft.ai/events/36902-eu-s-deforestation-regulation-challenges-and-opportunities-for-food-companies.md) | +0.1% | +2.7% |

## Sources

- webnewswire.com: https://www.webnewswire.com/2019/05/31/diesel-decarbonization-brings-transformative-opportunities-for-next-generation-biodiesel-feedstocks-and-technologies-2/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.