Trump’s Big Biofuel Package Has No Teeth

[Swordsmyth]

In the week after the plan was released to the public, however, it has become abundantly clear that Trump’s big biofuels boost is not so big after all. The plan itself is extremely vague, failing to impose any specified amount of increase to current ethanol blending quotas, and so far has done nothing but sow instability in the market.

More at: https://oilprice.com/Alternative-Energy/Biofuels/Trumps-Big-Biofuel-Package-Has-No-Teeth.html

[Swordsmyth]

The Trump administration plans to stick with its proposed 2020 biofuel blending requirements, the White House said on Wednesday, despite anger among farmers that the plan does too little for corn growers.

“The Administration is moving forward to finalize the 2020 RVO (Renewable Volume Obligations) in line with the agreement that the President made this fall,” White House spokesman Judd Deere said.
Deere confirmed he was talking about a proposal unveiled by the Environmental Protection Agency in October, which was intended to compensate the biofuel industry for the administration’s expanded use of refinery waivers, but which the industry has largely panned as insufficient.

More at: https://www.reuters.com/article/us-usa-biofuels-exclusive/white-house-says-it-is-sticking-with-2020-biofuel-plan-despite-farmer-objections-idUSKBN1YM1PX