Reuters exclusively reports EPA to urge U.S. biofuel blending mandates below 2020 levels

Reuters reported exclusively that the U.S. Environmental Protection Agency is expected to recommend to the White House reducing federal biofuel blending mandates for 2021 to below 2020 levels in what would be a blow to the biofuels industry. The move could be a risk for President Joe Biden’s administration, as some could view it as favoring oil refiners over the lower-carbon biofuels industry.