Biden proposes overhaul of U.S. biofuel law to boost EV makers including Tesla
The overhaul could shift a program focused on gas, diesel, and other liquid fuels to one aimed at decarbonizing transportation.
The overhaul could shift a program focused on gas, diesel, and other liquid fuels to one aimed at decarbonizing transportation.
MINNEAPOLIS (AP) — The Environmental Protection Agency on Thursday proposed increasing the amount of ethanol and other biofuels that must be blended into the nation’s fuel supplies over the next three years, a move welcomed by renewable fuel and farm groups but condemned by environmentalists and oil industry groups.
The Biden administration on Thursday unveiled a three-year proposal to expand the U.S. biofuels policy with bigger volume mandates and - for the first time - include a pathway for electric vehicle manufacturers to generate lucrative credits.
The U.S. Environmental Protection Agency is expected to propose by the end of this week the amount of renewable fuels that oil refiners must blend into their fuel mix for 2023 and beyond, two sources familiar with the matter said.