Tag: RFS

Biofuel groups, companies commend US Senators for advocating more biofuels in 2017

Biofuel groups, companies commend US Senators for advocating more biofuels in 2017

March 27, 2016 |

In Washington, Sens. Chuck Grassley (R-Iowa), Amy Klobuchar (D-Minn.) along with 17 other senators sent a letter to the Environmental Protection Agency (EPA) urging them to follow the congressional intent of the Renewable Fuel Standard  by increasing blending targets under the RFS for 2017. POET, Growth Energy, BIO, ADM, the Advanced Biofuesl Business Council, the […]

Read More

Growth Energy slams Koch-funded anti-RFS Heartland Institute study

Growth Energy slams Koch-funded anti-RFS Heartland Institute study

March 23, 2016 |

In Washington, Growth Energy responded to the Heartland Institute study it commissioned from Strata Policy and the Institute of Political Economy at Utah State University that falsely suggests the RFS harms farmers. But the truth is that the RFS has been a tremendous success for America’s farmers and rural communities; to suggest otherwise is nothing […]

Read More

Heartland Institute report claims RFS damages economies in the corn belt

Heartland Institute report claims RFS damages economies in the corn belt

March 22, 2016 |

In Utah, researchers from Utah States University and Strata Policy have released a report for the Heartland Institute that examines the history and impact of government subsidies for the corn ethanol industry on the U.S. economy as a whole and also on specific “corn belt” counties. They are primarily concerned with the impact of the […]

Read More

EPA looking at shifting RIN compliance to blenders rather than refiners

EPA looking at shifting RIN compliance to blenders rather than refiners

March 17, 2016 |

In Washington, the Environmental Protection Agency is analyzing the possibility of putting the burden of RFS compliance on blenders rather than refiners, at the request of several independent refiners who claim compliance is an unfair burden on those who don’t blend, but such a policy shift wouldn’t come into effect until the 2017 obligation period […]

Read More

House hearing on RFS leaves out biofuel industry again

House hearing on RFS leaves out biofuel industry again

March 16, 2016 |

In Washington, on Wednesday, the House Oversight Subcommittees on Interior and Healthcare, Benefits and Administrative Rules held a joint hearing to ostensibly examine the Renewable Fuel Standard. However, once again, no one from the U.S. biofuels industry was invited to testify, silencing a powerful voice that could speak to the provision’s implementation and effect. If […]

Read More

Oil companies paid $1 billion in RINs to comply with RFS in 2015

Oil companies paid $1 billion in RINs to comply with RFS in 2015

March 7, 2016 |

In New York state, oil refiners paid about $1 billion for the needed RINs to comply with the Renewable Fuel Standard in 2015. RIN prices were about 14% higher in 2015 than 2014, pushing the overall RIN spend by 25% over 2014 but not nearly as high as the record seen in 2013 of $1.35 […]

Read More

American Petroleum Institute to pivot from RFS repeal to reform

American Petroleum Institute to pivot from RFS repeal to reform

March 6, 2016 |

In Washington, in an interview with POLITICO Pro Energy’s Morning Energy, American Petroleum Institute CEO Jack Gerard stipulated that his organization was pivoting its strategy toward reforming the Renewable Fuel Standard rather than continuing to call for an outright repeal. API said his group will target a sunset of the RFS after 2022 or a […]

Read More

Democrats and Republicans clash over RFS at Senate hearing

Democrats and Republicans clash over RFS at Senate hearing

February 24, 2016 |

In Washington, the Senate Environment and Public Works hearing held Wednesday about Renewable Fuel Standard oversight saw both Democrats and Republicans sparring over the controversial policy. The committee’s Republican chairman said the EPA had hurt everyone in the supply chain from farmers to blenders in their mismanagement of the policy, calling it unstable. The Democratic […]

Read More

Senate committee to hold RFS hearing Wednesday while anti-ethanol attackers launch new ads

Senate committee to hold RFS hearing Wednesday while anti-ethanol attackers launch new ads

February 22, 2016 |

In Washington, the Senate’s Environment and Public Works Committee is set to hold a hearing on the Renewable Fuel Standard on Wednesday so ahead of the meeting the anti-ethanol group American Council for Capital Formation has begun airing ads in the Washington area saying that Republican presidential candidate Ted Cruz’s success in Iowa demonstrates that […]

Read More

Valero jumps on the bandwagon and sues the EPA as well

Valero jumps on the bandwagon and sues the EPA as well

February 15, 2016 |

In Washington, Valero has followed suit by filing suit against the Environmental Protection Agency in the U.S. Court of Appeals saying the RFS unfairly favors some oil refiners while punishing others. In a separate filing, the company also sought the blending mandates for 2007 and 2010 be reopened and revisited. With the EPA using a […]

Read More