Biofuels
The Environmental Protection Agency (EPA) proposed record blending mandates for biomass based diesel in the Renewable Fuels Standard.
The Office of Management and Budget is currently holding stakeholder meetings on the mandated biofuels blending levels. However, EPA is also considering the backlog of Small Refinery Exemptions.
Recent rumors put volumes for biomass-based diesel at 4.65 billion gallons, but Paul Winters, director of public affairs, Clean Fuel Alliance America, says EPA has assured them that number is false.
The bearish tone of the grain markets, especially corn and bean oil, stems from a lack of progress on tariffs and trade deals as well as speculation regarding the blending mandates for biomass-based diesel.
Soybeans and cotton are currently taking the brunt of Trump’s still-developing trade policies, and one ag economist thinks its still too early to tell how the situation will impact renewable fuels and land ownership.
Kurt Kovarik, vice president of federal affairs, Clean Fuels Alliance America, says it is a historic agreement.
A rare coalition of oil and biofuel interests met with the Environmental Protection Agency (EPA) on Tuesday to push for significantly higher Renewable Volume Obligations (RVOs).
In a major boost to rural energy development, USDA Secretary Brooke Rollins announced the release of $537 million in obligated funding under the Higher Blends Infrastructure Incentive Program (HBIIP).
Ford began phasing out its flex fuel engine options starting with 2024 model year F Series trucks. Missouri farmers are asking the auto giant to reverse that decision and get back on board with ethanol.
The senior senator from Iowa wants E15 approved for year-round use, fair and tariff-free trade, plus more action and a lot less talk regarding tax cuts and budget reconciliation efforts in the Senate.