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  1. Senators Joni Ernst, Chuck Grassley, and Ashley Hinson helped ensure EPA relief measures, while Trump promised to restore RINs.

Industry Leaders Support EPA Plan to Reallocate Renewable Fuel Credits

2 reports, 1 independent Updated Wed 00:00
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AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Geoff Cooper, President of the Renewable Fuels Association, and Brian Jennings of the American Coalition for Ethanol supported the Environmental Protection Agency's proposal to reallocate RINs. The proposal addresses renewable fuel volumes lost due to recent small refinery exemptions. Cooper stated that the Renewable Fuels Association supports the reallocation of 100 percent of the additional 770 million RINs exempted beyond the volume anticipated in the Set 2 rule.

From agwired.com

Why it matters

Some supportBrind's analysis of the reports

The reallocation is intended to protect the economic and consumer benefits of the Renewable Fuel Standard. Cooper warned that without full reallocation, the freed-up RINs could be carried forward, displacing demand for newly produced renewable fuels. This move is relevant as gasoline and diesel supplies are tightening and refiners are reporting strong profit margins.

Senators Joni Ernst, Chuck Grassley, and Ashley Hinson helped ensure EPA relief measures, while Donald Trump promised to restore RINs.

From agwired.com

Who's involved

  • Brian JenningsMember of the American Coalition for Ethanol who testified in support of the reallocation plan.
  • Environmental Protection AgencyGovernmental agency proposing the reallocation plan for renewable fuel credits.
  • Geoff CooperPresident of the Renewable Fuels Association who supported the reallocation plan.

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Coverage

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