A rumored switch in the point of obligation of the Renewable Fuels Standard would have devastating effects on the ethanol industry, according to a co-chair of Growth Energy. Tom Buis told members of the National Farmers Union at their convention in San Diego that they must be vigilant in stopping any such proposal out of Washington, “Carl Icahn has been pushing it. Valero has been pushing it. And, you know, RFA (Renewable Fuels Association) got in the mix on it.”
Icahn is a Trump adviser and owns a more than an 80% stake in oil refiner CVR Energy.
Continue reading Growth Energy on another possible hurdle to E15 at Brownfield Ag News.
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