Refiners, Advanced Biofuels Groups Eye Plan To Boost Fuels' RFS Credit

摘要

Refiners and advanced biofuel groups are seeking consensus on a legislative fix to boost so-called advanced biofuels by ramping up the credit the fuels receive under EPA's renewable fuel standard (RFS), a rare collaboration between the two sectors - both with major stakes in advanced biofuels production - after a long battle on how to reform the program. But the effort by the American Petroleum Institute (API) and Advanced Biofuels Association (ABFA) to reach a deal on a joint pitch for Congress to amend the statute to change the renewable identification number (RIN) credit values does not resolve a lingering disagreement between the two sectors over whether to repeal the RFS, with API continuing to urge lawmakers to scrap the program entirely while biofuels producers continue to oppose its repeal.