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Balanced Reporting. Trusted Insights.
Friday, May 27, 2022
As stakeholders await the finalization of biofuel blending targets for 2021 and 2022 – as well as potential retroactive cuts to the 2020 RVO that enraged the biofuels industry – attention is shifting to how the agency might handle future announcements.
Stakeholders from all sides of the Renewable Fuel Standard cautioned federal regulators Tuesday about moving forward with its proposed multi-year set of blending targets for the nation’s biofuel mandate.
A top biofuels proponent on Capitol Hill spoke with the leader of the Biden administration’s governance of the industry Monday and says he received a commitment to grow the industry.
The House ventures into the debate over livestock pricing this week, taking up a bill that would require USDA to compile data on cattle contracts, while congressional Democratic leaders try to find a way to raise the debt ceiling and finalize a Senate deal on their Build Back Better plan.
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.
Biofuel trade association Growth Energy says it will sue the Environmental Protection Agency over its missing of the Nov. 30 deadline to announce new blending requirements for the nation’s biofuel mandate.
The Environmental Protection Agency is moving ahead with a reallocation plan for biofuel usage waivers despite heavy criticism from industry groups and Midwest farmers.
EPA is not expected to meet the statutory Nov. 30 deadline this year, and supplemental rulemaking to address gallons waived through Small Refinery Exemptions is said to be the holdup.