The chasm between biofuel supporters and refiners shows now signs of being bridged based on testimony both sides delivered at a House Energy & Commerce subcommittee hearing this week on small refinery exemptions (SREs) under the Renewable Fuel Standard (RFS).
Both sides are clearly set in their positions and there was little indication that will change. The situation still remains that both biofuel supporters and refiners are not happy with EPA’s supplemental rule issued relative to 2020 biofuel requirements under the RFS which aimed at addressing the SRE issue.
Given that the comment period on the plan runs through November 29, the November 30 deadline for finalizing the 2020 biofuel standards will be missed.
And EPA has not committed to a timeline of when they will do so, only saying it will be later this year. The U.S. biofuel policy situation will remain uncertain until the final 2020 biofuel plan is in place.
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