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Stock impact report

California Can Reduce Gasoline Prices by Adopting E-15 Ethanol Blend

Aemetis, Inc (AMTX) 
Last aemetis, inc earnings: 11/8 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: aemetis.com/investors
Company Research Source: GlobeNewswire
CUPERTINO, CA, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Aemetis, Inc. (Nasdaq: AMTX), a California renewable fuels producer, today called for the California Air Resources Board (CARB) to immediately implement a 15% ethanol blend in gasoline to reduce gas prices for California consumers and reduce greenhouse gas emissions (GHG) from motor vehicles.  California stands alone among the 50 states in not adopting a 15% blend of fuel ethanol.  The US EPA approved E-15 for use in light duty vehicles in 2011, and 49 other states have adopted a 15% ethanol blend. California still mandates a 90% petroleum blend in every gallon of gasoline. In response to Governor Newsom calling a special session of the state legislature, the State Assembly is currently holding hearings regarding the need for lower fuel prices in California. An obvious solution is to allow consumers to purchase lower cost, cleaner burning, domestically produced renewable fuel instead of mandating higher cost, polluting imported p Show less Read more
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