EPA asks public to comment on biofuel law updates, benefiting EV-makers
Good morning! Happy Sunday, everyone! ☀️
“See things in the present, even if they are in the future.” — Larry Ellison, co-founder of Oracle
The Environmental Protection Agency (EPA) is inviting the public to provide feedback on the latest proposed Renewable Fuel Standard changes. The EPA wants to promote next-generation low-carbon biofuels and an update of these rules may encourage the use of renewable natural gas to power electric vehicles.
Check out today’s featured article from Supply Chain Brain to read about the changes coming to the 17-year-old U.S. biofuel mandate and how it could benefit electric vehicle automakers. ☕️
Featured Article:
Biden Proposes Overhaul of U.S. Biofuel Law to Boost EV Makers Like Tesla | Supply Chain Brain
“The Biden administration is opening the door to a sweeping rewrite of the 17-year-old U.S. biofuel mandate, including a plan to encourage the use of renewable natural gas to power electric vehicles, which could benefit Tesla Inc. and other automakers.”
Warehousing & Manufacturing 🛠️
Weakening global demand leaves Europe and Asia struggling
December 1st S&P Global surveys are showing the bleak outlook and diminishing activity in both Europe and Asia are affecting factories in both regions for the next few months, at least. Inflated prices and geopolitical uncertainty have the markets cooling. Central banks are doing their best to weigh on purchasing power and put out the inflation fire.
The euro-zone Purchasing Managers' Index (PMI) has climbed to 47.1 in October from 46.4 in September. The countries of Germany, the Netherlands, and Spain sit on the bottom rungs and Vietnam recorded the most startling plummet in Asia’s market.
Trade & Manufacturing 🛠️
Chinese solar manufacturing giants buckle down against international trade challenges
China is asking some of its biggest solar panel manufacturing companies to get tough and hold steady against an incoming barrage of international “threats” to their trade power. A growing number of international markets are posing threats to the Chinese industry, with anti-dumping investigations, human rights issues, and questions about the company’s carbon footprints.
Wang Xin, deputy director of the Ministry of Commerce’s trade remedy and investigation bureau, spoke at the China Photovoltaic Industry Association’s annual conference last week. Wang urged Chinese companies to protect the global supply chain for clean energy equipment by working closely together with foreign solar industry associations, while still maintaining a competitive advantage.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.