President Donald Trump has been meeting with stakeholders in the biofuels and refinery industries to find a way to lower Renewable Identification Number (RIN) prices that is acceptable to both sides. Two main options are a cap on RIN prices, or allowing year round sales of E15, or some combination of both.
In this edition of The Ethanol Report, we hear Bob Dinneen, president and CEO of the Renewable Fuels Association (RFA), discuss the ethanol industry’s stand on the issue and why they believe there is a very simple solution to an issue that proves the Renewable Fuel Standard (RFS) is working as intended.
Listen to it here: Ethanol Report on RINs in the White House
For more information on how a cap on RIN prices would impact the RFS, the Center for Agricultural and Rural Development (CARD) at Iowa State University has just released a new analysis.