Trump administration officials urged biofuel companies to accept a proposed increase of around five percent in the 2020 biofuel targets under the Renewable Fuel Standard (RFS), with reports indicating the companies were told they needed to accept the plan by Friday.
While some question if that was merely a negotiating tactic on the part of the administration, indications are the administration told biofuel interests work on boosting the 2020 biofuel levels beyond the marks proposed by EPA earlier this year would need to be started by Friday for the final version of the 2020 standards if the administration were to stick to the law requiring the standards to be finalized by November 30.
A meeting was expected to be held later Wednesday with refiners who have also chafed at the proposal to increase the levels for conventional biofuel by 500 million gallons and advanced biofuels by 500 million gallons. That would increase the total biofuel mandate to 21.04 billion gallons for 2020.
It was not clear whether the White House would make the same “request” of refiners – that they accept the plan by Friday.
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