Bloated biofuels
The US ethanol mandate urgently needs reform to address the risk of serious disruption to fuel supplies
With energy prices rising, ethanol has emerged as a viable, but controversial alternative that is affecting corn prices across the globe and stimulating debate on subsidies
Market is focused on how much cane the mills will divert to ethanol production, now that petrol price cap has been raised
Shares of companies including Valero Energy have fallen amid worries about exposure to the price of credits used to comply with biodiesel mandates
After talks, authorities are preparing to reduce the tax burden on ethanol from R$120 ($62) per cubic metre to R$25, according to industry insider
RINs have gained as oil refiners and fuel wholesalers worry they will be unable to meet ethanol blending mandates with physical supply
Sugar traders expect sweetener output to fall as mills switch to ethanol production
Explore the current state of the US energy industry and what the next three decades may hold
The US ethanol mandate urgently needs reform to address the risk of serious disruption to fuel supplies
In the long term the US will need to rethink its biofuels strategy. It should suspend its Renewable Fuel Standard, as implementing it would ‘severely harm’ the economy

The US deal to eliminate the subsidy for domestically produced ethanol and scrap the tariff on imports wastes even more money
A recent report from a G20 working group suggests that renewed food inflation has encouraged institutions to take a stand