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EPA delays prompt $13.7 billion shortfall in biofuels investment: report
2015-05-04 12:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: U.S. government delays in rolling out renewable fuels policy have stymied some $13.7 billion in investments and have prevented advanced biofuels companies from meeting mandated target volumes, according to an industry group analysis. The U.S. Environmental Protection Agency's (EPA) slow rulemaking on the Renewable Fuel Standard program over the past two years has "chilled" an influx of capital needed to boost commercial production, according to the Biotechnology Industry Organization (BIO). The...
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