U.S. ethanol use set to rise as EPA unveils biofuels targets

1 Dec 2015   Biofuels

U.S. oil companies will likely push past 10 percent ethanol and other biofuel content in motor fuels in 2016 after the Environmental Protection Agency (EPA) set levels on Monday that sparked criticism from both sides of the debate over alternative fuel use. The EPA had hoped to reach a compromise and get renewable fuels use on track after years of delays, meeting a deadline for its announcement that fell as President Barack Obama and other world leaders met in Paris for climate change talks. It said that fuel companies need to use 18.1 billion gallons of renewables in 2016, up from the 17.4 billion the agency proposed in May but still well short of a target of 22.25 billion gallons set by Congress in 2007. The […]

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