WASHINGTON, D.C. - This is a poorly devised bill that runs contrary to its purported purpose of improving the global environment. Banning the export of U.S. manufactured petrochemicals and polymers is shortsighted and will negatively impact global supply chains for essential materials and products.
The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.