tldrdaily.news logo
Tag

Renewable Fuel Standard

All articles tagged with #renewable fuel standard

EPA Sets Historic Renewable Fuel Volumes to Boost Farms and Energy Independence
energy4 hours ago

EPA Sets Historic Renewable Fuel Volumes to Boost Farms and Energy Independence

The EPA finalizes Renewable Fuel Standard Set 2, raising 2026–2027 renewable fuel volumes to record highs to strengthen U.S. energy independence and support farmers and rural economies. The rule expects biodiesel/renewable diesel use to rise by about 60%+, maintains 15 billion gallons of conventional biofuel, and includes 70% partial reallocation of 2023–2025 exempted volumes, projecting over $10 billion in rural benefits and more than 100,000 new jobs while reducing foreign oil dependence by roughly 300,000 barrels per day over 2026–2027; starting 2028, foreign fuels will receive half the RFS credit to favor American-made fuels.

via U.S. Environmental Protection Agency (.gov)|
#biofuels#energy#energy-independence
EPA Denies Majority of Biofuel Blending Exemption Requests
energy2 years ago

EPA Denies Majority of Biofuel Blending Exemption Requests

The U.S. Environmental Protection Agency (EPA) has denied almost all outstanding petitions from oil refiners seeking exemptions from biofuel blending mandates. The agency rejected 26 petitions from 15 small refineries for the 2016-2018 and 2021-2023 compliance years, with two petitions still pending. The EPA also disclosed the names of refiners that submitted petitions and those participating in an alternative compliance schedule. President Joe Biden's administration aims to reduce carbon emissions and has not yet granted any waivers to refineries, in contrast to the previous administration. The EPA stated that none of the petitioning refineries demonstrated disproportionate economic hardship caused by compliance with the Renewable Fuel Standard.

via Reuters|
#biofuels#energy#epa
"Trump's Fiery Iowa Speech: DeSantis, Ethanol, and Battling for Votes"
politics2 years ago

"Trump's Fiery Iowa Speech: DeSantis, Ethanol, and Battling for Votes"

During a campaign event in Iowa, former President Trump criticized potential 2024 candidate Ron DeSantis, calling him a "globalist sellout" and claiming he would be a catastrophe for farmers. Trump accused DeSantis of fighting to kill jobs in the agricultural industry and ending the renewable fuel standard. Trump also made headlines when he revealed he didn't know what a Blizzard was during a visit to a Dairy Queen, prompting a response from the Democratic National Committee on Twitter.

via Yahoo Finance|
#campaign-event#desantis#iowa
"Trump's Fiery Iowa Speech Targets DeSantis' Ethanol Stance"
politics2 years ago

"Trump's Fiery Iowa Speech Targets DeSantis' Ethanol Stance"

Former President Donald Trump criticized Florida Governor Ron DeSantis for his previous opposition to the Renewable Fuel Standard and support for efforts to eliminate it, highlighting their differences on ethanol policy. Trump's remarks come as he launched a "Farmers for Trump" coalition, touting his support for access to new markets for ethanol and promising to reverse the Biden administration's policies on Day 1. However, Trump's own record on biofuels during his time in office was mixed, with actions such as issuing waivers benefiting oil refineries and slashing demand for biofuels. Iowa voters, who see ethanol policy as a key issue, have shown openness to candidates with nuanced positions on the Renewable Fuel Standard.

via POLITICO|
#donald-trump#ethanol#iowa
EPA's Biofuel Mandates: Changes and Disappointments.
energy2 years ago

EPA's Biofuel Mandates: Changes and Disappointments.

The US Environmental Protection Agency (EPA) has issued a final rule under the Renewable Fuel Standard (RFS) program that establishes the biofuel volume requirements for 2023 to 2025. The final rule strengthens US energy security by reducing reliance on foreign sources of oil by roughly 130,000 to 140,000 barrels of oil per day over the time frame of the final rule, 2023–2025. The final rule also discusses EPA’s intent to monitor the ongoing implementation of the RFS program and its impacts on domestic refineries, which have a critical role to play in our energy security.

via U.S. EPA.gov|
#biofuels#energy#energy-security