Coming off a tough year for biofuels in 2019, a federal appeals court’s ruling against the Environmental Protection Agency’s handling of small refinery exemptions is offering the industry a shot of optimism.
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.
More than a decade ago, Congress created the Renewable Fuel Standard in an effort to reduce greenhouse gas emissions and expand the nation’s renewable fuels sector while reducing reliance on imported oil.
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.
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.