Sen. Chuck Grassley today issued the following statement regarding the Biden Administration’s unprecedented plan to cut 2020’s mandatory biofuels blending requirements while ostensibly returning to statutory blend levels by 2022, barring other retroactive changes.
“At a time when gas prices are through the roof and the administration is myopically focused on climate policy, it makes absolutely zero sense for President Biden to turn his back on cleaner, cheaper biofuels. The administration’s unprecedented plan to retroactively cut blending levels for previous years is a boon for Big Oil. What’s to stop the administration from slashing 2022 obligations down the line? No matter how rosy future outlooks might be, this precedent makes clear the administration is not committed to renewable fuels. It’s a disgrace and an outrage to Iowa producers and anyone who cares about our environment.
“This administration has spent much of its first year crowing about its climate priorities while simultaneously begging OPEC to reduce skyrocketing oil costs. Domestically-produced biofuels help to solve both of these problems, but the Biden Administration opted not to take yes for an answer. I don’t want to hear another word about President Biden’s so-called climate priorities until he puts his money where his mouth is and delivers cleaner, cheaper biofuels for Americans, just as he promised Iowans on the campaign trail,” Grassley said.
Original source can be found here.
