EPA boosts biofuel mandates, but groups feel shortchanged
The EPA has just boosted biofuel blending mandates for the next three years, but farming groups are saying they feel shortchanged.
The Agency recently released new standards for this year, plus 2024 and 2025. The mandates are increased each year but they fall below the standards EPA initially proposed in December.
The plan also has a modest increase in biomass-based diesel volumes despite a major push from corn groups to boost volumes higher.
Iowa Ag Secretary Mike Naig sent us the following statement:
The targets are still below production and usage levels. Additionally, the Biden Administration chose to do so at the expense of ethanol, therefore pitting one biofuel against another.”
He called today’s decision “unfortunate.”