Biobased and Renewable Products News: Regulation & Policy

April 25, 2013
Senate EPW Committee Expected To Take Up EPA Nominee
Senate Environment and Public Works Committee (EPW) Chair Barbara Boxer (D-CA) has stated that she expects the Committee to consider and vote on President Obama's pick for U.S. Environmental Protection Agency (EPA) Administrator, Gina McCarthy, in the coming weeks. The nomination is expected to pass the Committee and the full Senate despite recent public statements by Committee Ranking Member Jim Inhofe (R-OK) that he will not support McCarthy. McCarthy has served as EPA's Assistant Administrator for Air and Radiation since 2009. In this position, McCarthy has helped oversee among ... read more >
April 25, 2013
Renewable Chemicals Eligible Under Reintroduced MLP Legislation
On April 24, 2013, Senator Chris Coons (D-DE) reintroduced the "Master Limited Partnership Parity Act," legislation that would give certain renewable energy companies the ability to organize themselves as master limited partnerships (MLP). Currently, only energy companies in traditional fossil fuel sectors may organize as MLPs. Renewable energy advocates support this MLP legislation as a potential tool to help raise much needed capital, as MLPs are taxed as partnerships, but establish ownership shares that can be traded like traditional stock on an exchange. This year's ... read more >
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