Trump Proposes Hitting Oil Refiners With Boosted Biofuel Quotas
- Conventional renewable fuel target to match statutory cap
- Quotas come amid months of intense biofuel policy negotiations
This article is for subscribers only.
Ethanol producers and farm-state leaders blasted a Trump administration proposal that would force refiners to blend more biofuel into petroleum next year, arguing the modest planned increase is undercut by EPA waivers exempting refineries from the mandate.
Under the Environmental Protection Agency proposal released Tuesday, refiners would have to blend 19.88 billion gallons of biofuels next year, a 3.1 percent increase over current quotas. The EPA is proposing to maintain a 15 billion gallon quota for conventional renewable fuels such as corn-based ethanol, the maximum allowed under federal law.