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Morning Market Review for Feb 11, 2021

Growth Energy praises senate push on biofuel infrastructure

Growth Energy praises senate push on biofuel infrastructure Growth Energy Tuesday again called on the Environmental Protection Agency to reject calls to delay Renewable Fuel Standard compliance. Chris Bliley, Growth Energy’s Senior Vice President of Regulatory Affairs, participated in a virtual EPA hearing on the proposal to extend the RFS compliance deadlines for the 2019 and 2020 Renewable Volume Obligations. During his testimony, Bliley called on EPA to reject calls to delay RFS compliance and instead take immediate steps to restore integrity to the RFS and restore lost biofuel demand. Bliley stated, “The intent of the RFS is to blend more biofuels into our nation’s transportation fuel supply. Period. It is not meant to have oil companies use questionable legal tactics to avoid blending biofuels and then demanding that the agency further delay compliance.”

Coalition Says Brazil s Tariffs On U S Ethanol Have Devastating Impact

3 months ago in Agriculture tomr Photo: WNAX A coalition of Agricultural groups led by Growth Energy says Brazil’s decision to impose a 20 percent tariff on all U.S. ethanol imports devastating for the U.S. ethanol industry. Growth Energy’s Senior Vice President of Regulatory Affairs Chris Bliley says the imposition comes at a bad time when the U.S. ethanol industry is already seeing lost demand. Since May, U.S. exports to Brazil have fallen to less than four million gallons and over that same time period, Brazil has exported nearly 96 million gallons of fuel ethanol to the United States. Bliley says that’s not exactly fair trade.

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