[NEWS] Imperiled Biofuel Overhaul Plan Not Dead

– by Jennifer A. Dlouhy and Mario Parker, June 7, 2018, Bloomberg News

biodiesel-pump-truck-driver_0A day after a tentative agreement to overhaul U.S. biofuel policy appeared to collapse amid farm-state concerns, EPA chief Scott Pruitt met to discuss the issue with the lead senator pushing for the changes: Ted Cruz.

Pruitt, the Environmental Protection Agency administrator, declined to comment on the June 6 meeting, but Cruz said it included discussion about the Renewable Fuel Standard and had been planned well before reports June 4 that a White House-brokered accord was unraveling. Cruz stressed that a deal to overhaul the biofuel policy could be revived.

“The conversations are ongoing,” Cruz said. “And I continue to believe that there is a positive win-win solution for everyone.”

Despite months of negotiations, the Trump administration has struggled to find a balance on a contentious issue that divides two of the president’s key constituencies: Midwest farmers and oil interests. On the campaign trail in 2016, Donald Trump promised to support ethanol, a pledge embraced by farmers who grow the corn used to produce it.

READ MORE at Bloomberg News

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