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Shining Light on Farm & Food Policy for 20 Years.
Monday, November 25, 2024
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.
Democratic Party leaders are considering downgrading Iowa’s outsized role in the presidential nominating process, which has long forced candidates to pay far more attention to farm and biofuel policy than they otherwise would.
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.
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.