Dec 12 2022
The US Environmental Protection Agency has pitched raising the amount of renewable fuel that US refiners must mix with gasoline and diesel over the next three years. Ethanol producers generally applauded the agency's latest proposal for the Renewable Fuel Standard program, but the biodiesel sector was dismayed and accused the EPA of lowballing the renewable volume obligations for biomass-based diesel, undermining biodiesel and renewable diesel's growth potential.
Kurt Kovarik, vice president of federal affairs at Clean Fuels Alliance America, which represents the biodiesel, renewable diesel and sustainable aviation fuel industries, joined the podcast to share his thoughts on the EPA's proposed RFS rule, its potential impacts on clean fuel projects in the pipeline and the likelihood that the EPA will, in his words, "course-correct," in the final rule due in June.
Stick around after the interview for Starr Spencer with the Market Minute, a look at near-term oil market drivers.
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