Renewable Fuel Standard
Meeting biofuel mandate “will be challenging,” says CBO
The Congressional Budget Office says, "In the future, meeting (biofuels) mandates will be challenging" because of the so-called blend wall at the traditional blend of 10 percent ethanol and 90 percent gasoline and because of the slow development of...
EPA chief indicates ethanol mandate will be higher
EPA Administrator Gina McCarthy says the recent upturn in gasoline consumption will be reflected in the ethanol mandate for this year, which should be announced in coming weeks. "You will see the rule coming out with changed numbers as a result," she told the National Farmers Union fly-in. EPA proposed a relaxation of the so-called Renewable Fuels Standard on grounds that U.S. fuel consumption was lower than expected, so it was becoming impossible for oil companies to meet the targets set by law for ethanol use.