President Trump has changed his mind on many issues since taking office — China is no longer a currency manipulator and NATO is now an important institution. So there’s still hope he’ll dump the renewable fuel standard (RFS).
The RFS mandates that refiners blend ethanol — a biofuel mostly made from corn — into the gasoline that goes into our gas tanks.
On the campaign trail, candidate Trump praised the mandate. And he recently reiterated that support in a letter to the National Ethanol Conference, stressing “the importance of renewable fuels to America’s economy and to our energy independence.”
But thankfully, the president has demonstrated he can learn on the job. So maybe he’ll recognize the problems with the RFS. For example:
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