Bloomberg Law
Feb. 16, 2021, 1:46 PM

Once Wary Ethanol Market Hails Potential of Clean-Fuel Policy

Kim Chipman
Kim Chipman
Bloomberg News

Ethanol producers that once opposed California’s Low Carbon Fuel Standard are now wondering how fast the emissions-cutting policy can expand across the U.S.

That question and how a broader LCFS might co-exist with the Renewable Fuel Standard, the federal mandate on blending biofuels with gasoline, will be in focus at a virtual three-day ethanol conference kicking off Tuesday.

Interest in California’s market-based program, which brings together renewable fuel and electricity stakeholders in a goal to cut vehicle emissions 20% by 2030, is rising. OTC Direct, an online trading platform launched in December to make RFS-tied biofuel blending credits more liquid, ...

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