U.S. government may delay decision on electric vehicles biofuel program
Adding credits for power generated from renewable gas and then used for charging EVs would take the program in a new direction.
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Adding credits for power generated from renewable gas and then used for charging EVs would take the program in a new direction.
Bunge and other supply chain middlemen, including Archer-Daniels-Midland Co and Cargill Inc, have generally benefited from strong global crop demand and tightening supplies, with record profits last year.
U.S. President Joe Biden's administration has said Mexico's policy is not based in science, while the Mexican government claims it is consistent with USMCA regulation.
The campaign reflects the ethanol industry's desire to expand into aviation following years of stagnant demand for the corn-based fuel as an ingredient in gasoline.