Senators urge EPA to waive biofuel blending requirements
Sixteen US Senators have written to the Environmental Protection Agency’s (EPA) Administrator Michael Regan, urging the EPA to mitigate the harm imposed on consumers and refiners by the Renewable Fuel Standard’s (RFS) ‘unachievable mandates’.
In the letter, the Senators requested that the EPA waive or significantly reduce the volume of requirements for 2020, and set the upcoming 2021 and 2022 renewable fuel obligations at levels that reflect reality.
“Obligated parties subject to the onerous requirements of the RFS have been facing historically high compliance costs, which threaten the viability of these entities’ continued operations,” the Senators wrote.
“In light of COVID-19’s impact on the demand for refined product and the burden of RFS compliance, we urge you to waive or significantly reduce the renewable volume obligation (RVO) for compliance year 2020, and set the 2021 and 2022 RVOs at levels that comport with reality.
“We urge the EPA to take action to reduce RFS compliance costs in order to avert additional financial hardship for consumers and protect the continued viability of US refineries.”
The letter was signed by Senators Pat Toomey, John Barrasso, Marsha Blackburn, Shelley Moore Capito, Bill Cassidy, John Cornyn, Mike Crapo, Ted Cruz, Steve Daines, Bill Hagerty, Jim Inhofe, John Kennedy, James Lankford, Mike Lee, Cynthia Lummis, Jim Risch and Roger Wicker.
In the letter, the Senators requested that the EPA waive or significantly reduce the volume of requirements for 2020, and set the upcoming 2021 and 2022 renewable fuel obligations at levels that reflect reality.
“Obligated parties subject to the onerous requirements of the RFS have been facing historically high compliance costs, which threaten the viability of these entities’ continued operations,” the Senators wrote.
“In light of COVID-19’s impact on the demand for refined product and the burden of RFS compliance, we urge you to waive or significantly reduce the renewable volume obligation (RVO) for compliance year 2020, and set the 2021 and 2022 RVOs at levels that comport with reality.
“We urge the EPA to take action to reduce RFS compliance costs in order to avert additional financial hardship for consumers and protect the continued viability of US refineries.”
The letter was signed by Senators Pat Toomey, John Barrasso, Marsha Blackburn, Shelley Moore Capito, Bill Cassidy, John Cornyn, Mike Crapo, Ted Cruz, Steve Daines, Bill Hagerty, Jim Inhofe, John Kennedy, James Lankford, Mike Lee, Cynthia Lummis, Jim Risch and Roger Wicker.
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