1. ETHANOL:
EPA denies waiver of corn-based fuel requirements
U.S. EPA rejected requests by governors of major livestock-producing states to waive federal corn-ethanol mandates in response to the searing drought. In denying the requests, EPA said the governors had failed to show the renewable fuel standard had caused severe regional or statewide economic harm. The agency also declared it "highly unlikely" that waiving the volume requirements for corn ethanol would affect corn, food and fuel prices. Go to story #1