Iowa Renewable Fuels Association executive director Monte Shaw (l) and Iowa ag secretary Mike Naig discussed small refinery exemptions at a news conference Wednesday in Council Bluffs, Iowa.
The head of the Iowa Renewable Fuels Association (IRFA) says if the EPA approves more RFS exemptions for small oil refiners, it will “irreversibly undermine” the Renewable Fuels Standard.
IRFA executive director Monte Shaw says with the price of Renewable Identification Numbers—RINs—as low as eight cents, there is no justification for EPA to grant any small refinery exemptions (SREs) for 2018.
