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US orders refiners to boost biofuel quotas after gasoline prices surge

  Bloomberg The US is ordering refiners to boost the use of biofuels such as corn-based ethanol, as the Biden administration tries to strike a balance between competing political and economic pressures while gasoline prices soar. The US Environmental Protection Agency (EPA) is requiring refiners to mix 20.63 billion gallons of renewable fuels into gasoline and diesel this year — ...

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Nikola founder Milton blocks firm’s share sale

  Bloomberg Nikola Corp’s founder and former chair Trevor Milton voted against a proposal by the clean-energy trucking startup that would have authorised new shares to potentially raise capital, throwing the outcome into doubt, according to people familiar with the matter. Milton’s vote led to the decision to immediately adjourn Nikola’s annual shareholder meeting to June 30 so the company ...

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Western ‘unity’ is making Ukraine war worse now

More than 100 days of war in Ukraine have not only unleashed multiple political, economic and environmental crises; Vladimir Putin’s invasion has also revived dangerous delusions in the West. A few months ago, acute divisions plagued the United States, the European Union and ties between them. Germany, Europe’s leading nation, had developed a mutually profitable relationship with Russia. Poland, a ...

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