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US EPA sets new biofuel rule to support farmers, sets import credit exemption

( March 27, 2026, 21:14 GMT | Official Statement) -- MLex summary: The US Environmental Protection Agency finalized a new rule, the Renewable Fuel Standard, to set what it asserted were historic levels of renewable fuel volume requirements for 2026 and 2027. The rule, which sets levels for required blends of ethanol and biodiesel in diesel and gasoline fuels, increases biomass-based by more than 60 percent from 2025 levels, and requires the use of 15 billion gallons of conventional renewable fuels, such as corn ethanol. The rule also retroactively reallocates 70 percent of 2023 to 2025 small refinery exemptions volumes for the next two years and offers a reduced credit for imported biofuels and biofuel feedstocks starting in 2028. The move is expected to increase demand for soybeans and reduce reliance on the global oil supply.Statement follows:...

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