White House officials have spent the past two days in deliberations with billionaire refinery owner Carl Icahn about his proposal to modify federal policy on renewable fuels and with ethanol producers who oppose it, according to three people familiar with the talks. reported Monday that Icahn had helped broker a compromise with a leading biofuel group on reworking the program.
Category: Biofuel
Big Corn courts old foe Big Oil to combat electric car threat
A U.S. biofuels lobbying group on Tuesday said it is seeking to work with longtime rival the oil industry to fight the threat to both from subsidies for electric vehicles. The two industries have been at loggerheads for years as they seek sway with Washington over how much biofuel should be included in gasoline and diesel.
USDA analysis says ethanol sharply cuts greenhouse gas emissions
Jan 12 The U.S. government on Thursday said that ethanol is better for the environment than previously expected in a report boosting the country’s biggest biofuel a week ahead of a new administration that has some in the industry concerned. The report, the first of its kind from the U.S. Department of Agriculture to examine the actual impact of ethanol, said the biofuel reduces greenhouse gas emissions by 43 percent relative to gasoline.