Manage episode 307720941 series 2845965
The year is nearly over and the US Environmental Protection Agency has yet to formally propose biofuel blending requirements for 2021, and will miss the Nov. 30 deadline to finalize Renewable Fuel Standard volume requirements for 2022 as well. The Biden administration has also already missed a Nov. 1 deadline to issue a multi-year rule setting renewable fuel volumes for 2023 and beyond.
The country’s leading association of biofuel producers has put the EPA on notice that this is unacceptable. Growth Energy gave the EPA 60 days to meet its statutory obligations, after which it plans to sue the agency. That clock started running Nov. 2.
Senior editor Jasmin Melvin spoke with Growth Energy CEO Emily Skor about the group’s notice of intent to sue and the impacts of this delayed action on ethanol producers and consumers.
Stick around after the interview for Chris van Moessner with the Market Minute, a look at near-term oil market drivers.