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U.S. EPA sets 2020-2022 biofuel blending mandates, denies refiners waivers

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The U.S. Environmental Protection Agency on Friday issued biofuel blending mandates for 2022 and the prior two years - with this year's number below one proposed in December - while denying oil refiners waivers to be exempt from the requirements.

The EPA set biofuel blending mandates for 2022 at 20.63 billion gallons and retroactive volume mandates for 2021 at 18.84 billion gallons and for 2020 at 17.13 billion gallons. Though it denied the oil refiners' exemption petitions, the agency said it would allow extra time for small refiners to meet their 2020 blending obligations.

The decision on the mandates has involved White House staff members, who have had to weigh how the policy could affect record-high gasoline prices, surging food costs and inflation, and Farm Belt constituents. Higher mandates can raise demand for corn and impose costs on fuel producers. The law has been a hotbed of controversy, typically pitting the powerful oil and corn lobbies against each other.

 

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5% of the global population. 25% of the pollution. And now they cry about gas prices. Nation of lunatics selling the future for trinkets.

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