Engine Technology Forum Praises EPA Proposal of New Renewable Fuel Standards

Yahoo13-06-2025

Washington, D.C., June 13, 2025 (GLOBE NEWSWIRE) -- The Engine Technology Forum (ETF) issued the following statement from Executive Director Allen Schaeffer about today's action by the U.S. Environmental Protection Agency (EPA) establishing new renewable fuel targets, known as the Set 2 Proposal:
'The Engine Technology Forum welcomes EPA's announcement today of the establishment of a robust and growth oriented renewable fuels policy. The policy will boost our American energy portfolio, where fuels from below the ground and those from above the ground are valuable and contribute to our energy security and sustainability.
'Today's proposed rule was boosted by the coming together of the renewable fuels and petroleum sectors around shared goals and vision for meeting our increasing demands for energy. ETF joined fuels industry leaders in supporting the call for a minimum of 5.25 billion gallon biomass-based diesel volume, and EPA delivered more.
'Advanced engines and renewable fuels together are a sustainable solution for power and mobility. Internal combustion engines are key to both producing our renewable and traditional fuels and realizing the benefits from them to power key sectors of our economy. Biodiesel, renewable diesel, renewable natural gas, and ethanol already play a vital role in our nation's transportation system and key industries. Thanks to this proposal, that role will be expanded in the future.
'Today's welcome action by Administrator Zeldin ends a period of stagnation and uncertainty for fuels needed to help power our agriculture and transportation sectors in the future. We look forward to working with our members and EPA on the many important details of the proposal on the road to a final rule.'
About the Engine Technology ForumFounded on the principles of fact-based education, science, outreach and collaboration, the Engine Technology Forum is dedicated to promoting a greater understanding of the benefits of advanced engines and the fuels that they use, as well as how these contribute to a sustainable future. Sign up for our digital newsletter and connect with us on LinkedIn, X, Facebook, Instagram, and YouTube.
CONTACT: Allen Schaeffer Engine Technology Forum 3015149046 aschaeffer@enginetechforum.orgErrore nel recupero dei dati
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Dan Ives Says Market Is 'Massively Underestimating' This AI Play, Urges Investors To Look Beyong Mag 7

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43 minutes ago

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Dan Ives Says Market Is 'Massively Underestimating' This AI Play, Urges Investors To Look Beyong Mag 7

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Dan Ives' new artificial intelligence exchange-traded fund (ETF) holds securities beyond the Magnificent 7 stocks, as he believes in looking past valuations for investments in the technology sector. What Happened: The Dan IVES Wedbush AI Revolution ETF (NYSE:IVES), managed by the Wedbush analyst, started trading on June 4, earlier this month. Ives boasts of the fund by saying that it just doesn't have the top four, five Magnificent 7 names, but stocks which investors wouldn't even thematically consider as an AI name today. "I believe the market is still massively underestimating what the growth is going to look like for the AI revolution in tech," he told CNBC. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — According to him, tech trade remains significant even for the investors who missed out on its growth in the past few years. "If you focus just on valuation, you miss every transformational tech stock of the last 20 years," Ives said. Ives says Oracle Corp. (NYSE:ORCL) will be the 'epicenter' of the AI theme, while highlighting other 'AI 30' stocks which are part of his fund. Palantir Technologies Inc. (NASDAQ:PLTR), International Business Machines Corp. (NYSE:IBM), Salesforce Inc. (NYSE:CRM), SoundHound AI Inc. (NASDAQ:SOUN), and Innodata Inc. (NASDAQ:INOD) are a few notable names that are a part of his ETF's 'AI 30' basket. Microsoft Corp. (NASDAQ:MSFT), Nvidia Corp. (NASDAQ:NVDA), and Broadcom Inc. (NASDAQ:AVGO) are the top three holdings of the IVES It Matters: The 'AI 30' stocks, which are a part of the IVES ETF, hold the AI plays from multiple industries. They include hyperscalers, cybersecurity, consumer platforms, and robotics. According to Ives, the list was compiled from his deep dives into major AI players. The ETF has $183 million in assets under management as of June 17 close. Ives said that the AI space was experiencing a "golden age." The Dan IVES Wedbush AI Revolution ETF has risen by 2.76% since its inception. A comparable index, S&P Kensho Global Artificial Intelligence Enablers, rose 6.08% on a month-to-date basis. Meanwhile, the SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, declined slightly on Wednesday. The SPY was down 0.015% at $597.44, while the QQQ was 0.017% lower at $528.99, according to Benzinga Pro data. Read Next: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Photo courtesy: Shutterstock This article Dan Ives Says Market Is 'Massively Underestimating' This AI Play, Urges Investors To Look Beyong Mag 7 originally appeared on