Andeavor says it saved $100 mln in U.S. biofuel costs in 2016-17
NEW YORK, (Reuters) -
The company's announcement late on Monday came after Reuters reported last month that the U.S. Environmental Protection Agency had granted the company a financial hardship waiver that freed its smallest refining facilities from the regulation.
The biofuels industry has accused the Trump administration's EPA of undermining demand for biofuels by improperly granting waivers to highly-profitable companies like
Reuters reported that
The company did not explicitly credit small refinery exemptions for the savings. A company official did not immediately respond to requests for comment.
The EPA said it has granted more than two dozen hardship exemptions in recent months to small refineries that say compliance would have been too financially difficult.
This was a major expansion of the program. This was a major expansion for waivers. Since the EPA began issuing discretionary exemptions in 2013, the EPA has tended to give out less than 10 such waivers a year, according to former officials.
The EPA has said its criteria for granting the waivers has not changed, and that applications are considered on a case by case basis.
The expansion of the small refinery waiver program is due in part to a federal court decision last year that said the EPA had been too stingy with the exemptions in the past. But biofuel groups say the EPA has gone beyond the court
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