At the 2020 ADI Forum, Neville Fernandes, Manager of Renewable Jet at Neste, discussed the burgeoning growth in renewable diesel investments driven by the global push for climate action. Governments were implementing stricter emissions policies and introducing new incentives, leading to rapid expansion in the renewable fuel market. Key drivers included the Blender’s Tax Credit, which offered a $1‑per‑gallon incentive for biodiesel, renewable diesel, and renewable jet fuel, alongside existing programs such as the Renewable Fuel Standard and state‑level initiatives like California’s Low Carbon Fuel Standard, Oregon’s LCFS, and Washington’s proposed Clean Fuel Program. With increasing regulatory support and rising demand for low‑carbon energy solutions, renewable diesel was positioned to play a pivotal role in the future of transportation fuels.
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