Peterson Statement on Renewable Fuel Standard Announcement
“Next week the President is expected to be in Minnesota and I look forward to hearing details about how his EPA will get back to the 15 billion gallons that are promised in law and address the 4 billion gallons lost in waivers that have already been granted. Until we have answers to those questions today’s announcement is just another IOU to struggling farmers and shuttered biofuel plants.”
Congressman Peterson is a co-chair of the Congressional Biofuels Caucus, a bipartisan group of Members of Congress who advocate for homegrown renewable fuel policies that boost farmer incomes and reduce dependence on foreign oil. He is also the sponsor of the Renewable Fuel Standard Integrity Act of 2019, a bill which provides certainty to the biofuels industry by setting an annual deadline for small refinery exemption applications and bringing transparency to the process.