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Shining Light on Farm & Food Policy for 20 Years.
Saturday, October 19, 2024
Renewable fuel interests have gained a powerful new ally for one of their legacy priorities, but stiff opposition could still stall a potential resolution.
A mix of oil, biofuel and retail interests are asking Congress to advance legislation to allow year-round sales of E15, bringing a coalition together that offers new life for a long-running renewable fuels industry priority.
Environmental Protection Agency Administrator Michael Regan offered renewable fuel advocates a sign of hope Tuesday as he offered comments on what he wants to see from the looming biofuel volumes the agency is expected to propose later this year.
The chairman of the Securities and Exchange Commission, Gary Gensler, heads to Capitol Hill this week to face lawmakers who are sharply divided over the agency’s plan to require corporations to track and disclose greenhouse gas emissions in their supply chains.
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.
Iowa Governor Kim Reynolds signed legislation Tuesday that biofuels supporters say will expand access to E15 and other options with higher blends of biofuels.
Eight midwestern governors are asking the Environmental Protection Agency allow their states to sell E15 blends of ethanol year round, even if the product remains restricted in the rest of the country.
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.