Biofuels to boost clean fuel standard Biden

Source: BY KELSEY TAMBORRINO, Politico • Posted: Monday, November 23, 2020

 Some of the largest biofuels companies plan to ask Biden to impose a nationwide standard to reduce carbon emissions from transport fuels, Reuters reports, citing five sources familiar with the matter . The push reflects the industry’s “increasing concern about the future as Biden prepares measures to slash emissions that could upend traditional energy markets, and as the federal regulation that has underpinned growth in the biofuel market for more than a decade — the Renewable Fuel Standard — nears expiry in its current form,” Reuters reports.