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EPA draft rule on reallocation of RFS refinery exemptions furthers uncertainty
The Iowa Soybean Association and Iowa Biodiesel Board reiterated its call for upholding the integrity of the Renewable Fuel Standard today, in response to the draft rule issued by U.S. Environmental Protection Agency regarding the potential reallocation of recently granted Small Refinery Exemptions. Included in the draft rule, EPA proposed reallocating 100% of the RFS exemptions, or only 50% of them, and also requested comments on the possibility of no reallocations. Any reallocated volumes...