Gevo Inc (GEVO)

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EPA Proposes to Allow Year-Round Sale of E15 (March 12, 2019) – EPA announced a proposal to grant a 1-pound-per-square-inch Reid Vapor Pressure waiver to E15 (gasoline containing 15 percent ethanol) during the summer months (i.e., the high ozone season) thereby allowing year-round sale of the fuel. Sale of E15 from June 1 through September 15, heretofore prohibited under the Clean Air Act, would be allowed under EPA’s proposal based on a new agency interpretation of sections 211(h)(4) and 211(f). The proposal also includes provisions to modify certain elements of the Renewable Fuel Standard to improve how renewable identification number markets function and prevent market manipulation. The
proposal has not yet been published in the Federal Register but EPA has already set April 29, 2019 as the deadline for public comments. The agency will hold a public hearing on this proposal on Friday, March 29, 2019 in Ypsilanti, Michigan; a notice formally announcing the hearing will be published in a forthcoming Federal Register notice. For further information: https://www.epa.gov/renewable-fuelstandard-program/notice-proposed-rulemaking-modifications-fuel-regulationsprovide