Growth Energy Denounces Illegitimate Efforts to Rewrite RFS

Growth Energy condemned efforts by Carl Icahn, owner of CVR Refining, to strike a backroom deal with the Renewable Fuels Association that would irreparably change the Renewable Fuel Standard by shifting the point of obligation from oil refiners to fuel retailers and violating the Trump Administration’s commitment to the RFS. “If true, this proposal would eviscerate America’s progress under the RFS and impose indefensible costs on consumers,” said Emily Skor, CEO of Growth Energy. “Neither RFA nor Carl Icahn have the authority to strike a ‘deal.’ Mr. Icahn does not work for the U.S. government; he owns CVR Refining, which would profit directly from this change.  RFA does not represent a majority of the biofuels industry; RFA’s largest member is an oil refiner, which would also profit directly from such a change. They’re negotiating for the same side – and that is not the side of the ethanol industry or the American farmer.