Canada has a Renewable Fuel Standard featuring E5 ethanol, and RD2 renewable diesel (Biodiesel or HVO).Canada introduced the 2 percent RD mandate as of July 2011, and the Canadian Renewable Fuels Association and the Canadian Truckers Alliance are locked in a tit-for-tat debate over it.
Local biodiesel production is predominantly from palm oil.
Petroecuador expects demand to be about 5.96 million metric tons of biodiesel monthly as a result of B5.
Previously the biodiesel had been exported to countries including the US, Peru and Italy.
As such, less than 5% of total diesel consumption is biodiesel, less than half of the 10% blending mandate.
Tariffs on exports to the European Union were expected to drop volumes to just 750,000 tons this year, down from more than 1.15 million tonnes in 2013.