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Biden Set to Break Biofuel Logjam With Proposed Quotas Soon

  • Political concerns stalled rollout of biofuel-blending targets
  • Ethanol and biodiesel producers sought boost -- and certainty
Updated on

The Biden administration is set within days to propose long-awaited quotas for blending biofuels into gasoline and diesel, according to people familiar with the matter.

The anticipated Environmental Protection Agency plan comes amid a long delay setting the targets for 2021, which under federal law were required to be finalized more than a year ago. Administration officials are preparing to propose quotas within days and have briefed lawmakers that the measure is coming as soon as Friday, said the people, who asked for anonymity because the plan isn’t public.