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Tuesday, December 29, 2020

Biden Team Reaches Out to Biofuels Interests

The transition team for the incoming Biden administration has held calls with biofuel groups, discussing issues such as a low-carbon climate vision, according to Reuters.

The conversations with biofuel trade groups, biofuels company POET, ag groups and Biden's choice to head EPA, Michael Regan, have centered mostly on boosting access to fuels with higher ethanol blends.

The discussions also included the testy issue of compliance with the Renewable Fuel Standard (RFS).

Biofuel interests have expressed optimism at the incoming Biden administration in the wake of the big increase in exemptions granted by the Trump administration for small refiners relative to their RFS obligations. However, court actions have limited those exemptions and are expected to further temper them in the future.