EPA will finalize its plan for 2020 biofuel and 2021 biodiesel levels under the Renewable Fuel Standard (RFS) in line with the September agreement between President Donald Trump and biofuel backers and corn producers, Sen. Chuck Grassley, R-Iowa, told reporters Tuesday.
Grassley indicated he had been assured about the mandates when he spoke with Office of Management and Budget (OMB) acting director Russell Vought, and he also had conversations recently with White House adviser Larry Kudlow. Contacts have indicated Kudlow has been formulating the plan.
“I believe Kudlow understands why the market reacted negatively to the proposed rule,” Grassley said. “I also called OMB acting director Vought on Friday and he assured me that he would work to make sure the rule is finalized according to the agreement that was made on September 12.”
The final EPA plan is currently at OMB for review with the agency planning to issue the final rule yet this month.
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