EPA Probes Biodiesel Supply Chains as Fraud Concerns Mount
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 07 2024
0mins
Source: Bloomberg
EPA Investigates Biodiesel Producers: The Biden administration, through the EPA, is auditing biodiesel producers to ensure compliance with federal laws regarding the use of used cooking oil (UCO), amid concerns about potential fraud and deceptive practices in sourcing UCO.
Concerns Over UCO Sourcing: The scrutiny arises from a surge of UCO imports from China that may be mixed with fresh vegetable oils, raising suspicions about authenticity and compliance with US biofuel regulations, which could impact domestic producers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
