June 21 (Reuters) - The Biden administration has
increased the amount of biofuels that oil refiners must blend
into the nation's fuel mix over the next three years, but the
plan includes lower mandates for corn-based ethanol than it has
initially proposed, the administration announced on Wednesday.
The U.S. Environmental Protection Agency has finalized
biofuel blending volumes at 20.94 billion gallons in 2023, 21.54
billion gallons in 2024 and 22.33 billion gallons in 2025. That
compares with the initial proposal announced in December of
20.82 billion in 2023, 21.87 billion in 2024, and 22.68 billion
in 2025.
(Writing by Stephanie Kelly)
((richard.valdmanis@thomsonreuters.com; +1 617 312 6022;
Reuters Messaging:
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