Word that the Trump administration will deliver on its promise for year-round E15 sales is being called a win for agriculture. Further, the idea of capping Renewable Identification Credits, or RIN prices, is dead, according to those at a White House meeting Tuesday. Following the meeting, Growth Energy CEO Emily Skor says that all parties agreed to move forward with year-round E15 sales:
Also, stemming from the meeting, the RIN cap proposal is dead. However, another scheme was brought up:
Last fall, Growth Energy commissioned research that showed the damaging impacts of an export subsidy for biofuels. The analysis shows immense impact on jobs, rural economies, and corn prices:
Finally, with the news from the White House meeting that the administration will move forward with allowing year-round E15 sales, Skor says the industry looks forward to the administration finalizing the change: