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Balanced Reporting. Trusted Insights.
Friday, July 01, 2022
Brazil’s Ministry of Economy announced Tuesday that beginning Wednesday, Brazil will suspend its 18% tariff on ethanol imports for the rest of 2022 in an inflation-cutting effort to reduce fuel prices domestically.
EPA is extending the 2019 Renewable Fuel Standard compliance deadline for small refineries as well as the 2020, 2021 and 2022 deadlines for all companies subject to biofuel usage mandates.
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.
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.
Bills introduced in the House and Senate would allow summertime sales of higher ethanol blends, addressing a recent court decision that found the Environmental Protection Agency's waiver allowing year-round sales of E15 exceeded legislative intent.
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.
