biden: Joe Biden weighs cuts to 2022 Ethanol Blending Proposal: Sources

WASHINGTON: The Biden According to two sources familiar with the government’s thinking, the government is considering lowering the mandate for blending ethanol to below the proposed 15 billion gallons by 2022.
US president Joe Biden vowed to bring some normality back to laws requiring refineries to blend biofuels like ethanol into the country’s gasoline pool, following its predecessor, Donald Trump, took unprecedented steps to exempt refineries from the requirement.
But Biden is finding it difficult to deliver on his promise. The Covid pandemic has dampened fuel consumption and led to a handful of ethanol plant closures. Higher regulatory costs put refineries at risk of closing refineries and losing high-paying union jobs.
In December, the Environmental Protection Agency has issued a long-awaited biofuel blending proposal that lowered ethanol requirements for 2020 and 2021, but restored it to 15 billion gallons by 2022. farmers and biofuel producers criticized the rollback but welcomed the recovery this year.
But in recent weeks, government officials have considered reversing the 15 billion gallon mandate when the final rule is enacted later this year, the two sources told Reuters.

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