A quartet of pro-biofuel groups, frustrated with the Environmental Protection Agency’s use of waivers that exempt small refineries from certain biofuel blending requirements, have sued the agency in an effort to curb the practice.
The latest White House meeting on U.S. biofuel policy resulted in an agreement in principle to sell E15 year-round and impose no caps on the price of Renewable Identification Numbers (RINs). However, a proposal long thought to be dead was brought back to life on Tuesday.
If recent reports about the Trump administration considering sending biofuel program reform efforts back to the legislative branch turn out to be true, don’t expect ethanol supporters to be too disappointed.
Congress faces a Friday deadline to pass a $1.3 trillion government-wide spending plan and companies that buy commodities from farmers hope it will include a fix to the Section 199A tax deduction that has rattled the industry.
After making some comments suggesting he wasn’t happy with Ag Secretary Sonny Perdue’s approach to biofuels policy, Iowa Sen. Chuck Grassley now says he was “perhaps a little bit too strong” in some of his criticism.