Biofuel Groups Unhappy With Waiver Fix

Biofuel Groups Unhappy With Waiver Fix

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Biofuel groups aren't happy with a proposed fix to waiver issues.

Four sources tell Reuters the Trump Administration's plan falls short of expectations. The proposed plan would include an increase to biofuels requirements for 2020 of 1 billion gallons, but biofuel advocates say they want the waived gallons reallocated. The White House hasn't committed to that yet.

The proposed draft also includes increasing conventional biofuels, like corn-based ethanol, by 500 million gallons and advanced biofuels, like biodiesel, by 500 million gallons in 2020, plus boost the 2021 biodiesel mandate by 250 million gallons.

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