Items Tagged with 'point of obligation'

The Environmental Protection Agency has formally decided against a technical change to the governance of the Renewable Fuel Standard, following through on a pledge its leader made to lawmakers in October.

WASHINGTON, Mar. 22, 2017 - A bipartisan group of 23 senators, led by Chuck Grassley, R-Iowa, and Amy Klobuchar, D-Minn., have sent a letter to President Trump urging him to maintain the point of obligation under the Renewable Fuel Standard (RFS) and reject any proposed changes that would “upend the current successful system.”

WASHINGTON, March 2, 2017 -- Fuels America, a coalition of biofuels advocates, says it has “severed ties” with the Renewable Fuels Association, accusing the group of siding with billionaire investor and refinery owner Carl Icahn in a plan – denied by the White House -- that would “permanently destabilize the Renewable Fuel Standard.”