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Balanced Reporting. Trusted Insights.
Monday, May 23, 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.
The Environmental Protection Agency and biofuel trade association Growth Energy have finalized a proposed consent decree that would set an early summer publishing deadline for the biofuel mandate targets of the current and prior year.
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.
When President Joe Biden was sworn into office, the biofuels industry had a handful of campaign trail quotes in its back pocket and a fresh sense of optimism about the federal government’s governance of the biofuels mandate. So far, that optimism hasn’t been met with corresponding action.
The Environmental Protection Agency is drawing ire from the renewable fuel industry for once more delaying the rollout of mandates for how much ethanol refiners must blend into gasoline.
Lawmakers joined biofuel industry officials in ripping the Environmental Protection Agency for delays in releasing its biofuel blending mandates, with one Republican congressman saying it comes close to qualifying as a “broken campaign promise.”
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.
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.
