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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 08, 2024
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.
A top biofuels proponent on Capitol Hill spoke with the leader of the Biden administration’s governance of the industry Monday and says he received a commitment to grow the industry.
When President Joe Biden was sworn into office, the biofuels industry had a handful of campaign trail quotes in its back pocket and a fresh sense of optimism about the federal government’s governance of the biofuels mandate. So far, that optimism hasn’t been met with corresponding action.
The Environmental Protection Agency is drawing ire from the renewable fuel industry for once more delaying the rollout of mandates for how much ethanol refiners must blend into gasoline.
Lawmakers joined biofuel industry officials in ripping the Environmental Protection Agency for delays in releasing its biofuel blending mandates, with one Republican congressman saying it comes close to qualifying as a “broken campaign promise.”
The Biden administration is considering a multi-year reduction to the nation’s biofuel mandate, a move that would surely anger farmers and biofuel interests hoping to see stronger support for the program.
The Environmental Protection Agency has sent annual blending targets to the White House for regulatory review, kickstarting a process that will set two years’ worth of biofuel usage requirements.
Biofuel trade association Growth Energy says it will sue the Environmental Protection Agency over its missing of the Nov. 30 deadline to announce new blending requirements for the nation’s biofuel mandate.
The Environmental Protection Agency is moving ahead with a reallocation plan for biofuel usage waivers despite heavy criticism from industry groups and Midwest farmers.
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.
