Biden Biodiesel Quotas Scorned by Makers of Plant-Based Fuel
- EPA standards disappoint refiners and ethanol makers alike
- Renewable diesel advocates say targets lowball production
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The Biden administration dealt a blow to makers of bio and renewable diesel by setting federal quotas for the plant-based fuel that advocates say ignore a surge in production and a wave of investment in new manufacturing facilities.
Under a regulation released Wednesday, the Environmental Protection Agency in 2023 is requiring the use of 2.82 billion gallons of biomass-based diesel, generally made from soybean and canola oil — a 2.2% increase over the 2.76 billion gallons mandated last year. The mandates, including those for 2024 and 2025, are well below the increase sought by producers.