EPA chief signals higher ethanol mandates

In recent public appearances, the head of the Environmental Protection Agency, Gina McCarthy, has indicated that when the ethanol mandate is handed down later this year the levels will be higher than had been previously targeted. Gasoline consumption has gone up in the last year, and so previous projections that set the Renewable Fuel Standards lower to account for a reduction in gas usage are now too low, McCarthy told the Barclays CEO Energy-Power Conference earlier this month, and the National Farmers Union fly-in in Washington, D.C., this week. Read More