Ben Geman Aug 9
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The climate report's fallout

Branden Camp / AP
Amy Harder 7 hours ago
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Column / Harder Line

The swamp’s tug-o-war over America’s ethanol mandate

American eagle with corn in its claws
Illustration: Rebecca Zisser / Axios

A biofuels standard Congress passed more than a decade ago in the name of rural development, energy security and climate change has devolved into an arcane fight over market share that has nothing to do with those initial three goals.

Why it matters: The law — called the renewable fuel standard that requires refineries to blend biofuels into gasoline — is a textbook example of how regulations create winners, losers and unintended consequences.

Shane Savitsky 1 min ago
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U.K. and E.U. agree to Brexit transition terms

Secretary of State for Exiting the European Union David Davis and the European Union's chief Brexit negotiator Michel Barnier held a joint press conference today. Photo: Dursun Aydemir / Anadolu Agency / Getty Images

Negotiators for the United Kingdom and European Union have reached a deal on key terms for the Brexit transition period, which will run from March 29, 2019, the official date of Brexit, through December 31, 2020, per The Guardian. The agreement saw the U.K. make some notable concessions on contentious issues.