Fuels America dumps Renewable Fuels Association over Icahn deal

February 28, 2017 |

In Washington, the Fuels America coalition resolved to reject a play by Carl Icahn, owner of CVR Refining, to permanently destabilize the Renewable Fuel Standard (RFS) and has severed ties with the Renewable Fuels Association (RFA). The Fuels America coalition has issued the following statement:

“Fuels America represents a diverse coalition, from farmers to scientists, working to protect America’s Renewable Fuel Standard and promote the adoption of homegrown biofuels that are good for the U.S. economy, for our nation’s energy security, and for the environment. In keeping with our mission, we adamantly oppose any effort to derail the RFS by shifting the point of obligation and exempting certain refiners and fuel importers from their responsibility to deliver cleaner, more affordable biofuel options to consumers.

“Carl Icahn, in his conflicted role as owner of CVR Refining and special White House advisor, has sought to mislead biofuel advocates into accepting rewrites to the RFS in exchange for changes to outdated EPA regulations that limit summertime sales of ethanol. Yet, Mr. Icahn has no authority to dictate EPA policy, and a waiver to Reid Vapor Pressure (RVP) limits would be meaningless if retailers lost the incentive to sell higher biofuel blends, as Icahn proposes. His purported deal offers nothing for those who care about increasing the role of homegrown biofuel in meeting America’s energy needs, and it is a disservice to hundreds of thousands of farmers and workers in rural America that depend on a strong market for U.S. biofuels.

“Despite our opposition, the Renewable Fuels Association (RFA) has elected to lend its support to Mr. Icahn’s efforts. Accordingly, RFA’s position is no longer aligned with America’s biofuel industry and the Fuels America coalition has resolved to sever ties with the group.”

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Category: Fuels

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