The Environmental Protection Agency decision to reject changes to the Renewable Fuel Standard point of obligation means consumers will continue to enjoy increasing choices at the pump. Growth Energy applauded the EPA for rejecting requests to change the point of obligation, a move that would have caused confusion in the marketplace. Growth Energy CEO Emily Skor says the move to reject the petitions is a positive step forward.
At issue, the point of obligation, or the obligated party that must blend biofuel with petroleum, is how the EPA tracks who is complying with the law.
If the EPA would have moved forward with the changes, Skor says the move would have added regulatory red tape and confusion to the market, harming consumers.
Growth Energy led the charge to oppose the efforts to make changes to the point of obligation.
Learn more online at www.growthenergy.org.
From the National Association of Farm Broadcasting News Service.