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Icahn Sees Doubts About Ethanol Mandate Among Trump’s Advisers

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Bloomberg business news

Inside the Great Ethanol Debate

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Billionaire Carl Icahn, a special adviser to Donald Trump and a skeptic of the U.S. ethanol mandate, said there are others on the president-elect’s team who have even deeper criticisms of the program.

Icahn repeated criticism of the credit trading program that regulators and refiners use to track compliance with federal biofuel consumption quotas. While he hasn’t expressed opposition to renewable fuel use, “there are people on the Trump team that believe ethanol itself does very little” in helping the environment, Icahn said Tuesday in a telephone interview, while declining to provide further details.