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.
EnvironmentGovernment
White House set to back tougher climate model for ethanol, sources say
16 February 2024, 3:46 pm 1 minute
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
