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Shining Light on Farm & Food Policy for 20 Years.
Sunday, December 29, 2024
When President Joe Biden was sworn into office, the biofuels industry had a handful of campaign trail quotes in its back pocket and a fresh sense of optimism about the federal government’s governance of the biofuels mandate. So far, that optimism hasn’t been met with corresponding action.
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.
WASHINGTON, Nov. 1, 2017 - Following a recent announcement that the Environmental Protection Agency (EPA) would reject petitions to move the Renewable Fuel Standard (RFS) point of obligation and not allow Renewable Identification Number credits (RINs) for exported ethanol, RINs are trading higher and ethanol opponents have renewed efforts to characterize RINs as driving fuel prices higher.