Biofuels Groups, Refiners Fight Over EPA ‘Reset’ Of RFS Biofuel Volumes

Biofuels groups and refiners are advancing conflicting interpretations of EPA’s ability to “reset” statutory biofuel blending mandates under the renewable fuel standard (RFS), as part of wider arguments for and against EPA’s proposed volumes for the RFS that would cut volumes for 2020, keep them low for 2021 and only increase volumes this year. EPA’s long-delayed Dec. 7 proposal would retroactively cut volumes for the 2020 compliance year, and keep them at levels reflecting what the agency believes was actual...