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ERTH - Biofuels Thrive On Net Zero Carbon Ambitions
Invesco MSCI Sustainable Future ETF
Traditional oil refiners, which historically generated their income from fossil fuels, have turned their attention to renewable diesel.
Soybean oil is the largest vegetable oil globally and has drawn attention for its use in greater quantities to help meet more stringent environmental mandates.
The role of renewable diesel and hydrotreated vegetable oils is going to grow in the coming years and these products alongside existing biofuel markets will contribute to the overall expected production volumes of 300 million tons by 2030.