EPA seems to have an ongoing struggle with how they handle implementing the Finalized RVO rules. The Clean Air Act stipulates the final rule needs to be approved and in place by November 30 of the year prior to the rule taking effect. For 2021, that would have been Nov 30, 2020. Proposed rules are often issued in May or June to provide time for comment.
This is not the first time the Renewable Fuel Standard has been operating without RVO’s in place. In 2013 the final rule was not enacted until August of 2013. Then, like now, the market is struggling with ethanol blend wall concerns. EPA followed up the 2013 final rule with a proposed rule for 2014 later in the month.
The 2014 proposed rule stated the EPA was unwilling to push ethanol production past the blend wall. The EPA went as far as lowering the amount of renewable fuel to be blended into the nation’s transportation…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...