Farms.com Home   News

ICGA and Oil Industry Sue EPA

The IL Corn Growers Association (ICGA) joined 12 other state corn organizations, and oil industry representatives to sue the Environmental Protection Agency (EPA) for its inequitable and costly electrification of America’s vehicle fleet.  

The National Corn Growers Association (NCGA), 25 state attorneys generals, the American Petrochemical Institute (API), the American Fuel and Petrochemical Manufactures (AFPM), auto dealerships, and Valero were among the organizations who filed petitions against the agency.  

“In its multipollutant rule, the EPA incentivized the electric vehicle industry for its ability to reduce carbon but refused to acknowledge the positive impact of renewable fuels,” ICGA President Dave Rylander said. “Ethanol is currently decarbonizing our atmosphere. Why are we penalizing our current solution for a technology that is not obtainable at its proposed level, today?”  

The oil and agriculture industries request an approach that levels the playing field for all vehicle technologies and fuels to reduce emissions. The EPA’s summary predicts the final rule, released in March, will cost $870 billion in vehicle technology. ICGA’s petition argues the rule’s astronomical price tag requires congressional authorization.

Click here to see more...

Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.