Can You Prove It? A 60‑Second Traceability Check for Biofuels
Why It Matters
Traceability now determines market access for biofuel producers, making compliance a competitive advantage.
Key Takeaways
- •Traceability now essential for trading biofuel raw materials
- •Veraflux tracks billions of pounds across millions of transactions globally
- •Self‑assessment tool requires no email or registration to complete
- •Immediate score shows how well companies can prove product provenance
- •Results will be presented at Fast Markets Biofuels conference in Chicago
Summary
The video highlights the growing necessity of traceability in the biofuels sector, positioning it as a prerequisite for market participation rather than a optional feature. Co‑founder Donnie Charles of Veraflux explains that the ability to verify a product’s origin and custody chain directly determines access to renewable‑energy markets.
Veraflux, launched in 2020 and funded by the U.S. EPA, now operates in over 30 countries, tracking billions of pounds of biofuel across tens of millions of transactions and more than half a million supply chains. In partnership with Fast Markets, the company has introduced a five‑question, anonymous self‑assessment to gauge firms’ confidence in proving traceability, requiring no email or registration.
Charles emphasizes the immediacy of the feedback: participants receive an instant “Can you prove it?” score and can add open‑ended comments. The results will be shared at the Fast Markets Biofuels and Feedstock America 2026 conference in Chicago, where broader trends in compliance and traceability will be discussed.
The initiative signals that traceability is becoming a market gatekeeper, influencing trade eligibility, regulatory compliance, and investor confidence. Companies that score poorly may face barriers to entry, while robust traceability can unlock new revenue streams and strengthen supply‑chain credibility.
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