The annual blending mandate for advanced biofuels was raised by 15% for 2019 by the US Environmental Protection Agency (EPA). Rules for conventional biofuels were unchanged. and we won’t know that late 2019, early 2020. In a statement, the EPA said that it had approved new standards to reduce greenhouse gas emissions from existing and proposed biofuel plants in order “to help meet our nation’s energy needs while protecting air quality and US Renewable Fuel Standards meant oil refiners had to blend a certain amount of biofuels into their fuel each year or buy blending credits from producers which did. The approach created a booming market for biofuels, but refiners said the rules could be expensive.
The annual blending mandate for advanced biofuels was raised by 15% for 2019 by the US Environmental Protection Agency (EPA). Rules for conventional biofuels were unchanged. In a statement, the EPA said that it had approved new standards to reduce greenhouse gas emissions from existing and proposed biofuel plants in order “to help meet our nation’s energy needs while protecting air quality and US Renewable Fuel Standards meant oil refiners had to blend a certain amount of biofuels into their fuel each year or buy blending credits from producers which did. The approach created a booming market for biofuels, but refiners said the rules could be expensive.