Grassley: Coming RFS Changes a 'Win-Win' Situation

Posted on 09/17/2019 9:30 AM

No word yet on when Trump will unveil new RFS package

A tentative agreement to bolster ethanol and biodiesel use developed with President Trump last week represents a “win-win situation” for both renewable fuel producers and small oil refiners, Sen. Chuck Grassley (R-Iowa) told reporters.

The tentative plan was the topic at at Sept. 11 White House meeting with President Trump.

Grassley said a coming announcement would ensure that when the EPA sets biofuel quotas, those targets aren’t undermined by refinery exemptions. “When we left the White House, there was a feeling there was that agreement,” Grassley said. “If it comes out on paper like I just described to you, the industry and the ag groups are committed to saying the president has delivered on what we want.”

Grassley stressed he is reserving final judgment until he sees the details on paper.

Link to background on this topic.


 

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