Work still underway to get national low carbon fuel standard proposal by fall

In Washington, Brownfield Ag News reports that the National Corn Growers Association and other stakeholders are still working hard to get in place a nationwide low carbon, high octane fuel standard. Rather than focusing on blending rates as the Renewable Fuel Standard does with minimum blending targets based on gallons, the proposed policy would look at a carbon reduction metric that would see higher blends promoted, such as E20. The policy that could help to absorb the significant stocks that are weighing on ethanol prices during the COVID-19 crisis could be introduced by late summer or this fall.