EnvironmentGovernment
16 February 2024, 3:46 pm 1 minute
Reuters exclusively reported that President Joe Biden’s administration is poised to announce an adjustment to its scientific modeling for ethanol that will show the corn-based fuel to be less effective at reducing greenhouse gas emissions than previously estimated.
Market Impact
The adjustment will make it more difficult for ethanol producers to take part in lucrative new U.S. tax credits for so-called sustainable aviation fuel, seen as crucial to the industry’s growth.
Article Tags
Topics of Interest: EnvironmentGovernment
Type: Reuters Best
Sectors: Climate ChangeCommodities & Energy
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
Credit:
1: https://www.reutersagency.com/en/reutersbest/article/white-house-set-to-back-tougher-climate-model-for-ethanol-sources-say/
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