29 May '18, 11pm

#Ethanol Coalition Files Suit Against @EPA’s Secretive Small Refinery Exemptions. More here: https://t.co/Q4tHUdooSO

The petitioners are not challenging EPA’s underlying authority to exempt certain small refineries; rather they are challenging three granted exemptions as abuses of EPA’s authority. EPA should be forced to explain why an otherwise profitable refinery faces disproportionate hardship from compliance with the RFS. We want EPA to explain why it is reasonable for HollyFrontier, which apparently could not afford to comply with the RFS, could nonetheless afford to undertake a $1 billion stock share repurchase program during the same time—and that’s before the company received over $300 million in tax cuts last year. Likewise, the petitioners would like to understand how EPA could find hardship at CVR Energy, which reported a $23 million profit in the biofuels credit market in the first quarter of 2018 due to what it called a lower RFS obligation.

Full article: http://www.ethanolrfa.org/2018/05/ethanol-coalition-files...

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