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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, May 01, 2024
The Biden administration is considering a multi-year reduction to the nation’s biofuel mandate, a move that would surely anger farmers and biofuel interests hoping to see stronger support for the program.
Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
The Environmental Protection Agency is asking a federal appeals court to send the Trump administration’s decision granting 31 small refinery exemptions for compliance year 2018 back to it for review.
The Environmental Protection Agency has sent annual blending targets to the White House for regulatory review, kickstarting a process that will set two years’ worth of biofuel usage requirements.
The Environmental Protection Agency is expected to propose trimming biofuel usage mandates for 2021, while increasing the renewable volume obligations for next year, a Capitol Hill source confirmed to Agri-Pulse.
One of the 11 Republican senators negotiating the final details of the bipartisan infrastructure package says it’s possible to have the bill text ready by the middle of the week.
A federal appeals court has upheld the Environmental Protection Agency’s 2019 renewable fuel volumes in the face of challenges from both the biofuels and oil industries, but also ordered EPA to re-examine the impacts of the program on the environment, particularly endangered species.
A major Trump administration action to expand the availability of higher blends of biofuels suffered a significant legal setback Friday that could lead to a fresh moratorium on summertime sales of 15% ethanol blends.
The Supreme Court has ruled in favor of small refineries seeking relief from the Renewable Fuel Standard, delivering a major blow to biofuel groups in a long-running legal battle over the governance of the nation’s ethanol and biodiesel policy.