EPA's Biofuel Rules Clash with SAF and EV Realities.
The Environmental Protection Agency has announced mandated volumes for biofuels in the coming years that fell short of industry expectations, causing concerns that the production capacity that companies were building up would be left in a lurch. Shares of Darling Ingredients, the country's largest renewable diesel producer through a joint venture, fell as much as 8%. Shares of Archer-Daniels-Midland and Bunge, which produce renewable diesel feedstocks, also slipped on the news.