Refiners and biofuel producers on Friday took their opening swipes at the U.S. Environmental Protection Agency's 2020 implementation of the Renewable Fuel Standard program, telling the D.C. Circuit that the agency botched its calculation of how much renewable fuel must be blended into the U.S. transportation fuel supply.
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NEW YORK (Reuters) - The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles, but is so far meeting a cool reception, according to multiple sources familiar with the discussions.
FILE PHOTO: FILE PHOTO: E85 ethanol fuel is shown being pumped into a vehicle at a gas station selling alternative fuels in the town of Nevada, Iowa, December 6, 2007. REUTERS/Jason Reed/File Photo/File Photo
The effort to promote liquid fuels and combat expected federal subsidies for electric vehicles marks an unusual attempt by the petroleum industry to join with its long-time rivals, reflecting the scale of its concern over President Joe Biden’s measures to combat climate change and tamp down fossil fuels.
(Jason Franson/Bloomberg via Getty Images)
President Joe Biden signed executive actions last week prioritizing solutions to the “existential threat” of climate change, drawing the ire of many key players in the politically powerful oil and gas industry.
Biden’s actions pressed pause on the leasing of federal lands and waters for oil drilling, set a goal of keeping 30 percent of federal lands for conservation purposes and announced the electrification of the federal government’s fleet of vehicles. The move comes a week after Biden revoked the permits for the controversial Keystone XL pipeline just hours after his inauguration, following through on a campaign-trail promise.
January 31, 2021
President Joe Biden’s electric vehicle push has encouraged the US oil industry to seek an alliance with corn and biofuel producers in an effort to ensure that there is a future for the internal combustion engine. The US oil industry wants to work with corn and biofuel producers to lobby against Biden’s push for EV adoption in the country.
An oil refining group called The American Fuel and Petrochemical Manufacturers (AFPM) has tried to contact state and national representatives of corn and biofuel industries recently to gain support for a policy that would reduce the carbon emissions of fuel, reported
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