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Balanced Reporting. Trusted Insights.
Saturday, April 05, 2025
Senate Majority Leader Chuck Schumer announced an agreement with Sen. Joe Manchin on a narrow reconciliation bill that would provide $369 billion in climate-related provisions, including more than $20 billion for farm bill conservation assistance and additional incentives for low-carbon biofuels and rural electric co-ops.
Lawmakers return to Capitol Hill this week as Democratic leaders are desperately trying to cobble together an agreement on a reconciliation bill that could fund President Joe Biden’s climate agenda.
In a potential blow to the U.S. biofuel industry, the California Air Resources Board is proposing its most ambitious regulation yet with a ban on new gas-powered cars by 2035.
The House is expected to clear a bill this week aimed at ending port bottlenecks and also pass a package of measures that Democrats claim will help bring food, fertilizer and fuel prices under control.
The Environmental Protection Agency has finalized blending requirements under the nation’s biofuel mandate and is calling for higher usage of renewable fuels this year as consumers face skyrocketing gas prices at the pump.
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.