Latest news with #biofuelproducers
Reuters
a day ago
- Business
- Reuters
US EPA to propose renewable fuel credits generated through imported feedstocks to receive lesser value
NEW YORK, June 12 - The Trump administration on Friday will propose that renewable fuel trading credits generated through producing fuel via imported feedstocks will receive a lesser value, as part of a proposal on U.S. biofuel blending requirements, two sources told Reuters. Under the U.S. Renewable Fuel Standard, refiners are required to blend massive volumes of biofuels into the nation's fuel supply or purchase credits, called RINs, from those that do.
Bloomberg
a day ago
- Business
- Bloomberg
Trump Plans Biofuel Quota Boost, Seeks to Crimp Foreign Supply
The Trump administration is proposing oil refiners blend more biofuels into gasoline and diesel next year while seeking to discourage the use of imported supplies. The plan being unveiled by the Environmental Protection Agency on Friday would require refiners to mix a record 24.02 billion gallons of biofuels into traditional transport fuels, according to a news release from the EPA. That would be almost 8% higher than 2025, but short of what some oil companies and biofuel producers were seeking.
