The deadline has passed for the Trump administration to file an appeal of the 10th Circuit Court decision on refinery exemptions from the Renewable Fuel Standard. Iowa Renewable Fuels Association Executive Director Monte Shaw says on the surface that looks like a win for biofuels. He says however an appeal could still happen., and what his group wants is for the 10th court ruling to be applied nationwide.
He says several factors including the SREs are causing ethanol plants to go belly up and coupled with the COVID 19 crisis could lead to a reduction of as much as five billion gallons of ethanol production.
Shaw says if the SRE ruling is applied nationwide while it won’t make up for all the lost biofuel demand will at least help.
Shaw says applying the court decision nationwide would be a key step to restoring integrity to the RFS and ensuring that 15 billion gallons really means 15 billion gallons.
