Biden Set to Raise Refiners’ Biofuels Quotas in Green Push
- EPA seeks to boost quotas for corn- and soy-based biofuels
- Modest increase planned for biodiesel, despite new production
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The Biden administration is seeking to boost the amount of renewable fuels that oil refiners and importers must blend into their products over the next three years, according to people familiar with the matter.
The Environmental Protection Agency will ask companies to blend 20.82 billion gallons of renewable fuel into their diesel and gasoline next year -- with as many as 15 billion gallons potentially coming from conventional, corn-based ethanol -- said the people, who asked not to be identified because the proposal isn’t public.