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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 12, 2024
Congressional ethanol advocates are planning to ramp up their efforts to secure year-round sales of E15 nationwide this fall by aiming to attach it to one of this year’s “must-pass” bills, one ethanol group CEO says.
American Coalition for Ethanol CEO Brian Jennings says he expects the Treasury Department to provide clear direction on Inflation Reduction Act clean fuel and sustainable aviation fuel tax credits “sooner rather than later.” But he’s concerned about the pace of the agency’s progress.
Iowa Republican Sen. Joni Ernst is pressing for legislation allowing use of E15 throughout the year in the face of delayed action from the Environmental Protection Agency.
Renewable fuel interests have gained a powerful new ally for one of their legacy priorities, but stiff opposition could still stall a potential resolution.
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.
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.
Even as President-elect Joe Biden pushes for electric vehicles, the biofuel industry argues he can also make progress on his climate goals by expanding biofuel usage mandates, embracing a low carbon fuel policy and increasing vehicle emissions standards.
Ethanol, corn, and biodiesel groups worry the Environmental Protection Agency will punt finalizing blending targets for the Renewable Fuel Standard to the new administration, which could delay action in a year of massive uncertainty.
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.