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Balanced Reporting. Trusted Insights.
Sunday, April 06, 2025
NeEPA on Wednesday announced Renewable Volume Obligations under the Renewable Fuel Standard for 2023-2025, bumping the overall blending in 2023 but trimming the mandates for 2024 and 2025 from what the agency proposed in December.
The Environmental Protection Agency will not publish a multiyear package of biofuel blending targets this week after being granted an extended timeline announced Tuesday.
Biofuel trade association Growth Energy has filed suit against the Environmental Protection Agency for giving small refineries different ways of meeting their Renewable Fuel Standard obligations.
Commodity Futures Trading Commission Chairman Rostin Behnam said his agency would continue to work to maintain the integrity of voluntary carbon markets within the authority granted to the CFTC, but also warned of the potential for fraud as those markets develop.
The Environmental Protection Agency has rolled out its long-awaited response to a petition that would expand sales of higher ethanol blends, but its proposal includes a delay that has already angered the biofuels industry.
Automobile manufacturers were complementary of the federal government’s approach to expanding the nation’s biofuel mandate to allow for the inclusion of electric vehicles.
The Agriculture Department left most of its crop production and usage estimates unchanged in its latest World Agricultural Supply and Demand Estimates released Friday, matching trader expectations ahead of the report.
The renewable diesel boom has fueled a surge in expected soybean crushing capacity and a need for more production of the crop, though the EPA’s proposed Renewable Fuel Standard volumes and declining credit values for California’s Low Carbon Fuel Standard may dampen the fledgling industry’s ambitions.
