Biofuel mandate waiver denials questioned in GAO report

Biofuel mandate waiver denials questioned in GAO report

In a report that was immediately attacked as “shoddy” by the renewable fuels industry but welcomed by lawmakers representing refineries, the Government Accountability Office said recent denials of small refinery exemption petitions are based on “a potentially flawed assumption — that all parties pay and receive one price for the tradeable credits used to demonstrate compliance with the Renewable Fuel Standard.”