The EPA’s proposed required volume obligations (RVO) for 2023 will not be released tomorrow as was previously expected under the terms of a consent decree, which originally set a date of 16 September. That was later agreed by both parties to be extended to 16 November. Those parties include, of course, EPA, and the industry association Growth Energy. EPA will release the proposed RVOs by 30 November according to documents filed with the U.S. District Court for the District of Columbia. The proposed rule was submitted to the Office of Management and Budget (OMB) for final review on 9 November. The 2023 volumes are significant because it is the first time they will not be governed by the volumes in the Renewable Fuel Standard (RFS) sta...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.