IRFA Statement on Reported Deal on RFS Point of Obligation
March 3, 2017
Contact: Cassidy Riley
JOHNSTON, IOWA – In light of numerous media reports that a “deal” has been negotiated between Carl Icahn and the national Renewable Fuels Association regarding changing the Renewable Fuel Standard (RFS) point of obligation (POO) in return for fixing volatility issues for E15, the Iowa Renewable Fuels Association (IRFA) made the following statement:
“The members of the IRFA remain firmly opposed to changing the point of obligation for the RFS. We do not support any ‘deal’ or negotiations being discussed in the media, nor does this stance represent the views of our members. Changing POO rewards those who have not worked to make the RFS the success it is today and pulls the rug out from under Iowa retailers who have invested to bring ethanol and biodiesel choices to the public. IRFA will strenuously oppose any change in POO, and our strong message to the White House remains the same: Don’t Mess with the RFS.”
The Iowa Renewable Fuels Association represents the state’s liquid renewable fuels industry and works to foster its growth. Iowa is the nation’s leader in renewable fuels production with 43 ethanol refineries capable of producing 4 billion gallons annually – including nearly 55 million gallons of annual cellulosic ethanol production capacity – and 12 biodiesel facilities with the capacity to produce over 350 million gallons annually. For more information, visit the Iowa Renewable Fuels Association website at: www.IowaRFA.org.