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Home / Metal News / Biden Excludes Electric Vehicles from Final Biofuel Quota Rules and Also Cancels Credits

Biden Excludes Electric Vehicles from Final Biofuel Quota Rules and Also Cancels Credits

Jun 7, 2023 14:21

Source:SMM

According to market sources, the Biden administration will exclude proposals for electric vehicles from the final biofuel quota rules to be announced later this month, and will also cancel up to $1.8 billion in credits expected to be generated by electric vehicles over the next two years.

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Biden Excludes Electric Vehicles from Final Biofuel Quota Rules and Also Cancels Credits

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit