Renewable diesel
Renewable diesel is a type of biofuel produced from used cooking oil and inedible animal fats, making it a sustainable alternative to traditional diesel. It is chemically similar to petroleum diesel, allowing it to be used in existing diesel engines without any modifications, which provides a seamless transition for users. This biofuel is particularly popular in California, where it benefits from economic incentives under the Low Carbon Fuel Standard, appealing to environmentally conscious consumers and businesses looking to reduce their carbon footprint.
Renewable diesel was discovered on August 8th 2022 and it currently has a search volume of 4.4K with a growth of +376%.
Growth
- Exploding
- Regular
- Peaked
Speed
- Exponential
- Constant
- Stationary
Seasonality
- High
- Medium
- Low
Volatility
- High
- Average
- Low
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