Growth Energy applauded President Trump’s plan to uphold the integrity of the Renewable Fuel Standard (RFS) by ensuring biofuel blending targets are truly met each year.
Growth Energy CEO Emily Skor issued the following statement on the decision:
“It’s been a long process, but when the chips were down, President Trump delivered for farm families and biofuel producers. This is a victory for rural America, and we are grateful to our champions in Congress, USDA Secretary Perdue, and governors across the heartland who fought to put homegrown energy back on the market. We also thank President Trump for hearing the voices of farmers and biofuel producers and his commitment to finding a solution that will make an immediate difference for rural families.
“By accurately accounting for lost gallons from this point forward based on a 3-year average of all exempted gallons, beginning with the 2020 biofuel targets, and breaking down regulatory and infrastructure barriers to higher biofuel blends, we will be able to realize the true potential of the opportunities President Trump opened by approving year-round sales of E15. Our industry and farm suppliers are eager to put this plan in place and deliver more lower-cost, lower-carbon biofuels to American consumers. We look forward to finalizing this rule to help America’s farmers.
“To restore growth and revitalize farm income, it’s vital that the EPA stay true to the president’s promise, and we will be working closely with leaders in Washington to ensure that happens. What matters now is how quickly we can restore demand for U.S. farmers and put biofuel gallons back to work for America’s economy.”