Biofuels get their numbers

Source: BY MATTHEW CHOI, Politico • Posted: Monday, August 23, 2021

EPA is preparing new quotas for how much biofuel must be blended into gasoline, as the administration balances competing interests from the oil and agriculture industries, Bloomberg reports. EPA has told lawmakers to expect a White House review of the plan soon, which would lead to EPA formally proposing new rules in the next few weeks. Read more from Bloomberg here.

While refiners, including small businesses, have been pushing for “reasonable” quotas that keep in mind the business toll the oil industry took during the pandemic, agriculture-friendly Democrats from farm states warn that shorting ethanol producers could jeopardize corn-belt support for the party.