biofuel

Government, Business, Fuel

Biodiesel Fuel Gets Latest Push in Missouri

Biodiesel garbage truck A D.C. Department of Public Works trash truck that runs on B100 pure biodiesel. (Clean Fuels Alliance America)

Biodiesel is getting a boost from new government incentives as city fleet owners are using it to quickly lower truck emissions.

Noël Fletcher | Staff Reporter
October 6, 2022
Government, Business, Technology, Fuel

Biden to Boost Biomanufacturing to Compete with China

soybeans (Rory Doyle/Bloomberg News)

President Joe Biden is poised to sign an executive order Sept. 12 to help expand U.S. biomanufacturing and reduce reliance on China.

Riley Griffin | Bloomberg News
September 12, 2022
Government, Business, Fuel

US Boosts Biofuel Quotas as Gas Prices Surge

biofuel refinery POET ethanol biorefinery in Gowrie, Iowa. (Daniel Acker/Bloomberg)

The U.S. is ordering refiners to boost the use of biofuels such as corn-based ethanol, as the Biden administration tries to strike a balance between competing political and economic pressures while gasoline prices soar.

June 3, 2022
Government, Business, Fuel

Spiking Gas and Food Costs Weigh on Biden Biofuel Plans

A drop of E85 hangs at the end of a pump A drop of E85 hangs at the end of a pump. E85 is a mixture of 85% ethanol and gasoline. (Daniel Acker/Bloomberg News)

Surging gasoline and food costs are weighing on the Biden administration as it prepares to set mandates for the use of renewable fuels.

May 26, 2022
Business, Fuel

Green Diesel Is Suddenly a Booming Business

Used cooking oil is collected from a drum. Used cooking oil is collected from a drum. (Justin Sullivan/Bloomberg News)

Climate-friendly diesel produced from animal fats and cooking oils is suddenly a booming business as fossil-fuel giants such as Exxon Mobil Corp. and Chevron Corp. race to cut their emissions and take advantage of incentives.

April 20, 2022
Business, Fuel

Biofuel Maker Renewable Energy Explores Sale Options

Soybeans are unloaded into a grain cart during a harvest in Pace, Miss. Soybeans are unloaded into a grain cart during a harvest in Pace, Miss. Renewable Energy's biodiesel margins have been hurt by higher soybean costs (Rory Doyle/Bloomberg News)

Renewable Energy Group Inc., a green diesel maker, is exploring options after receiving takeover interest, including selling itself, according to a person familiar with the matter.

Liana Baker | Bloomberg News
February 23, 2022
Government, Business, Fuel

Oil Refiners Say Shift in Biofuel Quotas Will Raise Diesel Costs

A person holds a fuel pump nozzle at a Chevron Corp. gas station A person holds a fuel pump nozzle at a Chevron Corp. gas station in San Francisco. (David Paul Morris/Bloomberg News)

The Biden administration sought to thread the needle between warring oil and renewable fuel interests Dec. 7 by proposing modest quotas for the use of plant-based fuels while moving to block exemptions for dozens of oil refineries.

December 7, 2021
Government, Business, Fuel

Biden Could Revisit Renewable Fuel Mandate for Price Relief

Biden Could Revisit Renewable Fuel Mandate for Price Relief President Joe Biden. (Yuri Gripas/Bloomberg)

As U.S. President Joe Biden weighs alternatives to lower fuel prices, one move that could bring immediate relief at the pumps is sparking debate: adjusting the Bush-era renewable fuel mandate.

November 15, 2021
Government, Business, Fuel

Oil Refiners Win at Supreme Court With Easier Waivers on Biofuel

corn plant Daniel Acker/Bloomberg News

The Environmental Protection Agency has wide latitude to exempt refineries from federal mandates that they mix renewable fuels into gasoline and diesel, the U.S. Supreme Court ruled June 25, a victory for oil companies seeking a break from the requirements.

June 25, 2021
Government, Business, Fuel

EPA Changes Stand, Sides With Ethanol Industry on Biofuels

Ethanol plant An ethanol facility in Iowa in June 2019. (Daniel Acker/Bloomberg News)

DES MOINES, Iowa — The federal government announced Feb. 22 that it will support the ethanol industry in a lawsuit over biofuel waivers granted to oil refineries under President Donald Trump’s administration.

David Pitt | Associated Press
February 23, 2021

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