Johnston, IA - Today the EPA officially denied petitions to move the point of obligation for the Renewable Fuel Standard (RFS).
In response to this announcement, Iowa Renewable Fuels Association Executive Director Monte Shaw made the following statement:
“We commend the EPA for maintaining the stability of the RFS by officially rejecting any change to the point of obligation.
"The RFS is working and obligated parties have had 10 years to acclimate their business models to the program.
"Changing the RFS point of obligation would have only served to reward those who haven’t lifted a finger to help the implementation of the RFS and to punish those who have worked hard to make it the most successful energy policy in U.S. history.”
For more information, please contact Cassidy Walter at 515-322-0435.