- Banned
- #1
Well more bad news for DL and Trainer
http://www.mysanantonio.com/business/eagle-ford-energy/article/Delta-Air-Lines-caught-by-renewable-fuels-mandate-5097109.php
http://www.mysanantonio.com/business/eagle-ford-energy/article/Delta-Air-Lines-caught-by-renewable-fuels-mandate-5097109.php
But the acquisition came with a whole lot more baggage, putting the airline and its new refining subsidiary, Monroe Energy, on the hook to comply with federal mandates to blend more renewable fuel into the nation's gasoline supply.
Biofuel boosters say that's a situation of Delta's own making.
At issue is the 8-year-old renewable fuel standard that forces U.S. refiners to incorporate an annually increasing amount of biofuels into the nation's diesel and gasoline supply, up to 36 billion gallons by 2022. Monroe Energy's challenge of the EPA's specific quotas for 2013 before the D.C. Circuit Court of Appeals could help dictate the agency's handling of the mandate and spur lawmakers to make bigger changes.