Balanced Reporting. Trusted Insights. Saturday, September 18, 2021

Items Tagged with 'Renewable Fuel Standard'

ARTICLES

Capitol Building

Daybreak Sept. 14: Dems shield stepped-up basis, but target estate taxation

Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
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EPAbuilding

Appeals court: EPA must examine RFS program's environmental impact

D.C. Circuit rejects challenges from refiners, biofuels industry
A federal appeals court has upheld the Environmental Protection Agency’s 2019 renewable fuel volumes in the face of challenges from both the biofuels and oil industries, but also ordered EPA to re-examine the impacts of the program on the environment, particularly endangered species.
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Gas pump

Appeals court strikes down E15 waiver

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.
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