# CARB approves 12 new biodiesel and renewable diesel pathways  : The Daily Digest

> A bipartisan group of senators urged the president to keep the point of obligation under the Renewable Fuel Standard and to reject changes that would overhaul the system. They cited the importance of ethanol to North Dakota farmers, where about 50% of corn goes to ethanol.

- Date: 2017-03-28 · published 2017-03-28T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/71863-carb-approves-12-new-biodiesel-and-renewable-diesel-pathways-the-daily-digest
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Keeping the current obligation structure preserves steady blending demand for ethanol and corn. Changes would create uncertainty for corn-based biofuel demand.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-07-06 | [The Renewable Fuel Numbers: 8 takeaways from EPA’s 2017 draft, from the industry in their own voices  : The Daily Digest](https://feedsoft.ai/events/69855-the-renewable-fuel-numbers-8-takeaways-from-epa-s-2017-draft-from-the-industry.md) | -1.2% | -3.7% |
| CORN | 2022-02-09 | [Behind the Hot Year for Biofuels M&A: 2021 Review and Outlook  : The Daily Digest](https://feedsoft.ai/events/42710-behind-the-hot-year-for-biofuels-m-and-a-2021-review-and-outlook-the-daily.md) | +0.5% | +15.2% |
| CORN | 2024-05-15 | [Statutory Reference Prices and the Next Farm Bill - farmdoc daily](https://feedsoft.ai/events/30236-statutory-reference-prices-and-the-next-farm-bill-farmdoc-daily.md) | +0.8% | +5.1% |
| CORN | 2019-07-29 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2020 and Biomass-Based Diesel Volume for 2021, Response to the Remand of the 2016 Standards, and Other Changes](https://feedsoft.ai/events/57954-federal-register-renewable-fuel-standard-program-standards-for-2020-and-biomass.md) | -0.6% | -10.6% |
| CORN | 2017-12-12 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2018 and Biomass-Based Diesel Volume for 2019](https://feedsoft.ai/events/67350-federal-register-renewable-fuel-standard-program-standards-for-2018-and-biomass.md) | +1.9% | +2.2% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/carb-approves-12-new-biodiesel-and-renewable-diesel-pathways/

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