Long-time ethanol supporter and Iowa Senator Chuck Grassley is reportedly in support of EPA’s proposal to fully reallocate 2023-25 renewable fuel blending volumes lost to SREs. But as for a second proposed option to reallocate half of the exempted volumes to 2026 and ’27 RFS requirements, Grassley says, “…every gallon needs to be reallocated, 100-percent.”
EPA has already announced granting dozens of SREs and partial exemptions. Grassley is frustrated, lamenting the push-pull nature of EPA’s RFS policy decisions and announcements, “…and it’s just irritating that we have to deal with these all the time,” said the Senator.
EPA’s latest proposal also allows refiners to buy renewable identification numbers, or RIN credits to make up lost volumes. Grassley complains RINS should not be a substitute for meeting Renewable Volume Obligations.
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