U.S. appeals court upholds biofuel blending targets for 2020-22, rejecting refiners

seekingalpha05-15

The District of Columbia Circuit Court of Appeals issued a ruling Tuesday upholding the Biden administration's biofuel blending requirements for 2020-22 under the Renewable Fuel Standard, rejecting a ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2435452740?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/960374702/image_960374702.jpg","is_english":true,"pubTime":"2024-05-15 07:25","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2435452740","market":"sg","top_or_hot":-1,"title":"U.S. appeals court upholds biofuel blending targets for 2020-22, rejecting refiners","media":"seekingalpha","content":"<div>\n<p>The District of Columbia Circuit Court of Appeals issued a ruling Tuesday upholding the Biden administration's biofuel blending requirements for 2020-22 under the Renewable Fuel Standard, rejecting a ...</p>\n\n<a href=\"https://seekingalpha.com/news/4106244-us-appeals-court-upholds-biofuel-blending-targets-for-2020-22-rejecting-refiners\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. appeals court upholds biofuel blending targets for 2020-22, rejecting refiners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. appeals court upholds biofuel blending targets for 2020-22, rejecting refiners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-15 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4106244-us-appeals-court-upholds-biofuel-blending-targets-for-2020-22-rejecting-refiners><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The District of Columbia Circuit Court of Appeals issued a ruling Tuesday upholding the Biden administration's biofuel blending requirements for 2020-22 under the Renewable Fuel Standard, rejecting a ...</p>\n\n<a href=\"https://seekingalpha.com/news/4106244-us-appeals-court-upholds-biofuel-blending-targets-for-2020-22-rejecting-refiners\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0368265418.SGD","symbol_name":"Blackrock World Energy Fund A2 SGD-H","start_time":0,"source_url":"https://seekingalpha.com/news/4106244-us-appeals-court-upholds-biofuel-blending-targets-for-2020-22-rejecting-refiners","article_id":"2435452740","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/960374702/image_960374702.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2435452740","pubTimestamp":1715729136,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"The District of Columbia Circuit Court of Appeals issued a ruling Tuesday upholding the Biden administration's biofuel blending requirements for 2020-22 under the Renewable Fuel Standard, rejecting a challenge by oil refiners. The ruling left intact a 2022 rule set by the Environmental Protection Agency that required renewable fuel blending to rise too 20.63B gallons for that year, as well as retroactive volume mandates for 2021 at 18.84B gallons and for 2020 at 17.13B gallons. For the first time under the RFS, the rule had used a new formula that tried to avoid a recurring situation in which the EPA failed to account for requests for exemptions by small refineries. Oil refiners challenged the rule, arguing the standards were too high, while producers of biofuels derived from wood waste and other feedstocks also challenged the rule, saying the standards were too low. Potentially relevant stocks include Valero Energy , Exxon Mobil , Archer Daniels Midland , Green Plains , REX American R","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","LU0266512127.USD":"摩根大通环球自然资源 A(acc)","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0456854461.SGD":"JPMorgan Funds - Global Natural Resources A (acc) SGD","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","VLO":"瓦莱罗能源","LU0122376428.USD":"贝莱德世界能源基金A2","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","AMTX":"Aemetis Inc","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","GPRE":"绿色平原能源","BK4090":"商品化工","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK7030":"航空公司","ADM.AU":"AMD Resources Ltd","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4516":"特朗普概念","LYB":"利安德巴塞尔","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","REX":"REX American Resources","ADM":"阿彻丹尼尔斯米德兰公司","GEVO":"Gevo Inc.","SG9999002232.USD":"Allianz Global High Payout USD","BK4592":"伊斯兰概念","XOM":"埃克森美孚","SG9999002224.SGD":"Allianz Global High Payout SGD","REX.AU":"REGIONAL EXPRESS HOLDINGS LT","BK4585":"ETF&股票定投概念","LU1150488218.USD":"First Eagle Amundi Income Builder AU2-MD USD","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU0823414478.USD":"法巴经典能源转换基金","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC"},"translate_title":"美国上诉法院支持2020-22年生物燃料混合目标，驳回炼油商","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADM.AU":1,"XOM":1,"VLO":1,"REX.AU":1,"REX":1,"LYB":1,"GPRE":1,"GEVO":1,"ADM":1,"AMTX":1},"content_text":"The District of Columbia Circuit Court of Appeals issued a ruling Tuesday upholding the Biden administration's biofuel blending requirements for 2020-22 under the Renewable Fuel Standard, rejecting a challenge by oil refiners. The ruling left intact a 2022 rule set by the Environmental Protection Agency that required renewable fuel blending to rise too 20.63B gallons for that year, as well as retroactive volume mandates for 2021 at 18.84B gallons and for 2020 at 17.13B gallons. For the first time under the RFS, the rule had used a new formula that tried to avoid a recurring situation in which the EPA failed to account for requests for exemptions by small refineries. Oil refiners challenged the rule, arguing the standards were too high, while producers of biofuels derived from wood waste and other feedstocks also challenged the rule, saying the standards were too low. Potentially relevant stocks include Valero Energy (NYSE:VLO), Exxon Mobil (XOM), Archer Daniels Midland (ADM), Green Plains (GPRE), REX American Resources (REX), LyondellBasell (LYB), Aemetis (AMTX) and Gevo (GEVO).","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.5","shortVersion":"4.22.5","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2435452740"}