US environmental regulators cut biofuel targets because the fuel does not exist

US environmental regulators are lowering the amount of advanced biofuels required for 2024. This means fuel companies will not have to blend as much cellulosic biofuel into gasoline and diesel.

The US has set targets for advanced biofuels for years, but the actual production of these fuels has consistently fallen short. This rule change acknowledges that the industry cannot meet the current targets. It means the government is adjusting its expectations to match reality, rather than forcing an unavailable product into the market.