Imports from China fueling U.S. renewable diesel ambitions as demand climbs

U.S. imports of animal and vegetable oils and fats from China totaled nearly $290 million in the first six months of 2023, soaring from around $1 million in all of 2022, as U.S. renewable diesel makers increasingly turn to Chinese feedstocks to capitalize on green subsidies. That rapid growth, as shown in U.S. Census Bureau data, reflects the Biden administration’s push to decarbonize transportation sectors – and, analysts say, the limits of U.S. feedstock supplies – as diesel producers seek...