InvestorsHub Logo

LTE

Followers 7
Posts 1420
Boards Moderated 0
Alias Born 03/28/2009

LTE

Re: None

Friday, 12/02/2016 10:50:27 AM

Friday, December 02, 2016 10:50:27 AM

Post# of 6680
ALLM said that this was good news on Facebook recently and it got
a whopping 3 likes. I was thinking that since Airports Council
International allegedly supports ALLM, I was thinking that that
they should have gotten hundreds of likes on Facebook. But it's
probably more likely that Airports Council International is another
grand fabrication by ALLM:

https://www.epa.gov/newsreleases/epa-finalizes-increase-renewable-fuel-volumes

And being true form the scammers at ALLM didn't even mention this:

<<November 23

EPA sets new biofuel targets. Troubled program could end up on Trump’s chopping block

The Environmental Protection Agency set new 2017 targets for biofuels, part of a troubled and complex program to promote non-corn-based ethanol and biodiesel that has fallen far short of the goals Congress adopted in 2007. Moreover, the byzantine enforcement program, strongly criticized by many oil refiners, could end up on President-elect Donald Trump’s chopping block...

...The biggest shortfall has been cellulosic ethanol derived from corn husks, switch grass and other non-corn feedstocks. Congress had aimed to stimulate a new industry and envisioned 5.5 billion gallons of production by next year. On Wednesday, the EPA, charged with implementing the program and adjusting targets as needed, set a mandate of just 311 million gallons for cellulosic biofuel...

...Soon, none of this may matter. Trump has indicated that he might ax the RINs program. After Trump gave an economic campaign speech in September, his campaign posted a list of regulations to eliminate, including the tradable credits. However, even if Trump abolishes the RINs trading program, he might still need to come up with a way to meet the renewable fuel standards set in energy legislation passed in 2005 and 2007. On the campaign trail in Iowa, Trump had said he supported the Renewable Fuels Standard...>>

https://www.washingtonpost.com/news/energy-environment/wp/2016/11/23/epa-sets-new-biofuel-targets-troubled-program-could-end-up-on-trumps-chopping-block/?utm_term=.052f62c33081