World Perspectives
biofuel energy

No Change to Biofuel Point of Obligation

Last year the EPA denied a petition to change the point of obligation on biofuels compliance but opened a comment period to consider the issue further. In the coming days, the agency is expected to confirm its initial decision.In the next week or so, the Trump administration will likely announce its decision not to change the point of obligation under the Renewable Fuel Standard (RFS). While this is considered a victory for the ethanol sector, it must also then be considered a defeat for Carl Ichan, the unofficial advisor to President Trump who was the strongest supporter of this change.It is helpful to understand the background. Currently, refiners and importers are the obligated parties under the RFS, which means they are responsible for...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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