Exclusive: U.S. EPA grants biofuels waiver to billionaire Icahn's oil refinery - sources
Source: Reuters
APRIL 30, 2018 / 7:03 AM / UPDATED 2 HOURS AGO
Jarrett Renshaw, Chris Prentice
6 MIN READ
NEW YORK (Reuters) - The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned by billionaire Carl Icahn, a former adviser to President Donald Trump, exempting the Oklahoma facility from requirements under a federal biofuels law, according to two industry sources briefed on the matter.
The waiver enables Icahns CVR Energy Inc to avoid tens of millions of dollars in costs related to the U.S. Renewable Fuel Standard (RFS) program. The regulation is meant to cut air pollution, reduce petroleum imports and support corn farmers by requiring refiners to mix billions of gallons of biofuels into the nations gasoline and diesel each year.
The Small Refiners Coalition, which represents companies that operate small refining facilities, has defended the EPAs waiver program, saying the EPA is required by law to help small refineries struggling with the RFS and that the exemptions are crucial to their financial well-being.
But the exemption for CVRs Wynnewood, Oklahoma, plant prompted fresh criticism from the powerful corn lobby, which already has accused Trumps EPA of over-using the hardship waiver program in a way that hurts demand for ethanol.
Read more: https://www.reuters.com/article/us-usa-biofuels-epa-icahn-exclusive/exclusive-u-s-epa-grants-biofuels-waiver-to-billionaire-icahns-oil-refinery-sources-idUSKBN1I10YB?il=0
greatlaurel
(2,004 posts)This is really bad news. Lots of farm land will be up for sale after harvest season. The Chinese and Russians will be able to purchase lots of the best farm land in the world at fire sale prices, as farmers go bankrupt.
LastLiberal in PalmSprings
(12,601 posts)The fact that today's "family farm" is a multi-million dollar operation seems to pass everyone over. I guess the corn farmers can just put on their MAGA hats, climb into their air conditioned half-million dollar combines, and ride around their empty fields contemplating how they'd just been screwed by Don the Con in favor of one of his billionaire friends.
But her emails...
rzemanfl
(29,581 posts)Have we no compassion?
turbinetree
(24,745 posts)this fucking asshole takes no fucking responsibility for his fucking actions.............. none
This asshole has operated under some special immunity for the harm that he has caused to workers and now, the air, water and since that asshole Pruitt walked over to this fucked heads office to get the green light to be the EPA non-administrator for air, water and people........................this is bull shit
Fucking November 2018 cannot get here fast enough
LastLiberal in PalmSprings
(12,601 posts)Shouldn't Mike Pence have been next in line? Throwing Sanders into the lion's den was not only an act of cowardice but an act of cruelty. It's another example of how Donne Two Scoops despises women. In his mind there are only two kinds of women -- whores and Ivanka -- and to tell the truth, there are even somethings a prostitute won't do.
How SHS grinds up the facts to make a powder to create the perfect smokey eye was a great joke. Wolf said to her face what no person in the WH press room dare say: "Sarah, you're a liar."
infullview
(982 posts)We need to simply get rid of gasoline. Many studies have been done about how inefficient ethanol fermentation is, and that the corn grown would be better put to use to feed poor countries. Yes, the EPA is a disaster and getting worse, but we should focus back to CAFE standards for fuel efficiency and clean alternative solutions. Agra-Business has been sucking the public dole dry since the great depression. It's just corporate welfare in disguise of food security.
Bernardo de La Paz
(49,069 posts)infullview
(982 posts)If we don't turn the tied on gasoline and other fuels that are not carbon neutral, we won't have to worry about it. Nature has a way of purifying and re balancing that may not include man kind.
Bernardo de La Paz
(49,069 posts)mpcamb
(2,880 posts)And did the same with bio-fuels back in November.
It's beyond buddies; it's collusion and conspiracy to manipulate markets.