More unwelcome news on the RFS

posted by Andy Petersen - 

The Environmental Protection Agency has ditched a proposal to make up for lost biofuel volumes stemming from hardship waivers as part of the Renewable Fuel Standard. The plan was seen as a fix for the waivers granted generously by the EPA under former administer Scott Pruitt, which lowered biofuel volumes by granting refiners a break from the rules. The plan would boost the renewable fuel blending obligation to 11.76 percent from 10.88 percent to offset volumes lost under the waiver program. However, pressure from the refining industry has kept the plan stalled, and now apparently thrown out. The plan was first rumored when Sonny Perdue talked of a meeting with Pruitt earlier this year, asking for a hardship waiver fix. In April, Perdue told Congress that from USDA’s standpoint, “our conclusion is that’s direct demand destruction.”

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