Likely EPA Move To Restrict Refiner Waivers Raises Doubts Over 2020 RFS

A likely move by EPA to dramatically restrict the number of economic hardship waivers it grants to small refiners from having to comply with renewable fuel standard (RFS) biofuels production targets raises serious doubts over the fate of the program’s 2020 fuel goals, sources say, as the move could undermine the basis for the 2020 RFS. EPA’s RFS rule for 2020 that it finalized Dec. 19 has built-in additional blending of biofuels to compensate for small refiner exemptions (SREs) that...