Biden Plans Biofuel Cut That Could Ease Pressure On Oil Refiners

By Jennifer A. Dlouhy and Kim Chipman

Bloomberg

Farm Progress

The Biden administration is preparing to propose cutting biofuel quotas for 2020 and 2021, amid pressure from refining interests and their Democratic allies in Congress, according to several people familiar with the matter.

The Environmental Protection Agency also is on track to propose a modest increase in the amount of plant-based fuels that must be mixed into gasoline and diesel in 2022, under a draft plan now being reviewed by the White House Office of Management and Budget.

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