President Donald Trump is set to call on the Environmental Protection Agency to begin rulemaking that would allow for summer E15 sales, a move that will engender support from the biofuels sector but also face a likely challenge in the courts.
The Environmental Protection Agency has launched a new website adding more transparency on how the Renewable Fuel Standard is functioning, but biofuel groups say the gesture, while appreciated, doesn’t go far enough.
Uncertainty about what the future holds for the Renewable Fuel Standard program interferes with the proper functioning of the market for Renewable Identification Numbers, or RINS, experts on that market told a House subcommittee today.
The Trump administration seeks to calm farmers’ fears about the escalating trade dispute with China, even as corn and soybean growers hope the crisis will at least end the White House’s consideration of intervening in the biofuel credit market.
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.
Rumors of potential action in the price of biofuel credits have Midwest politicians on edge, including a group of senators that have requested a meeting with President Donald Trump to discuss the issue.
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.