By an act of Congress and with the stroke of a pen, the Federal Aviation Administration’s (FAA) programs will continue to receive funding for the next 14 months.
A letter from a bipartisan group of 39 senators was sent to EPA on Friday, urging the agency to increase the 2017 renewable volume obligations (RVOs) to the lofty levels set out by Congress back in 2007. It’s an idea that may work in theory, but today’s market realities tell a totally different story.