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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, December 04, 2024
A rare moment of unity occurred in Washington Tuesday as lawmakers from both sides of the aisle heaped praise on President Joe Biden for allowing summertime sales of E15.
President Joe Biden’s move to use emergency authority and grant summertime sales of E15 has been welcomed by a wide swath of lawmakers across the political spectrum.
A ban on summertime sales of E15 is set to be lifted under emergency authority granted to the Environmental Protection Agency, offering a major victory to biofuel proponents who championed the use of higher ethanol blends as a way to combat rising gas prices.
The Environmental Protection Agency is denying three dozen small refineries relief from the requirements of the nation’s biofuel mandate, but is providing other ways for most of the facilities to comply with their 2018 obligations under the Renewable Fuel Standard.
Senators pressed EPA Administrator Michael Regan to expand use of E15 in the nation’s fuel supply to combat rising energy prices, at a hearing before the Environment and Public Works Committee Wednesday.
The Agriculture Department is promising to deliver $700 million to delayed pandemic aid to biofuel producers by this summer, and the money will be especially welcome should soaring gas prices dampen ethanol demand.
Chevron is buying Renewable Energy Group in a $3.15 billion deal that will give the oil refining giant control of the largest U.S. producer of biomass-based diesel.
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.
