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Balanced Reporting. Trusted Insights.
Thursday, May 26, 2022
The Environmental Protection Agency has agreed to a timeline for the publishing of future biofuel mandate blending targets and is expected to soon seek public comment on the proposed schedule.
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.
A rare moment of unity occurred in Washington Tuesday as lawmakers from both sides of the aisle heaped praise on President Joe Biden for allowing summertime sales of E15.
President Joe Biden’s move to use emergency authority and grant summertime sales of E15 has been welcomed by a wide swath of lawmakers across the political spectrum.
A ban on summertime sales of E15 is set to be lifted under emergency authority granted to the Environmental Protection Agency, offering a major victory to biofuel proponents who championed the use of higher ethanol blends as a way to combat rising gas prices.
The Environmental Protection Agency is denying three dozen small refineries relief from the requirements of the nation’s biofuel mandate, but is providing other ways for most of the facilities to comply with their 2018 obligations under the Renewable Fuel Standard.
Senators pressed EPA Administrator Michael Regan to expand use of E15 in the nation’s fuel supply to combat rising energy prices, at a hearing before the Environment and Public Works Committee Wednesday.
The Agriculture Department is promising to deliver $700 million to delayed pandemic aid to biofuel producers by this summer, and the money will be especially welcome should soaring gas prices dampen ethanol demand.
