White House to Announce Compromise on Biofuel Changes, Sources Say
- Reforms aimed at paring refiner costs, boosting ethanol market
- Regulators have been negotiating overhaul after handshake deal
This article is for subscribers only.
The Trump administration is slated to unveil biofuel policy changes, including efforts to tamp down costs for refiners while broadening the market for ethanol, according to people familiar with the action.
The announcement planned for Monday follows weeks of negotiations by the Agriculture Department, Environmental Protection Agency and Energy Department to flesh out a tentative deal struck at the White House last month, said the people, who requested anonymity to discuss the matter before details are made public.