"The U.S. Environmental Protection Agency on Tuesday proposed setting a blending mandate of 19.88 billion gallons for 2019 under the Renewable Fuel Standard (RFS), 3 percent higher from this year’s and in line with expectations.
The agency also said it is considering a number of measures to bring some transparency to the compliance credit market and decided against forcing large refiners to blend extra volumes to compensate for the hardship waiver exemptions for small refineries.
The EPA’s decision against reallocating exempt volumes drew a wave of criticism from biofuel groups and their legislative backers in congress, but was applauded by the oil industry - the latest sign in the growing divide between the rival groups."
Chris Prentice and Jarrett Renshaw report for Reuters June 26, 2018.
SEE ALSO:
"Factbox: Ethanol, Oil Groups Criticize U.S. Biofuels Plan; Biodiesel Sector Cheers" (Reuters)
"Trump's EPA Ignored Energy Department Calls To Limit Biofuel Waivers" (Reuters)
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