With Congress split over the future of the U.S. biofuel mandate, the head of the American Petroleum Institute (API), which is working to dismantle the policy, said he was willing to consider legislative options beyond a simple repeal of the law, Reuters news service reports.
Jack Gerard, chief executive of API, said he believes lawmakers will act to lower biofuel use targets and added that API would weigh support for any pathway to reform, report Ayesha Rascoe and Patrick Rucker of Reuters.
The comments may signal a greater openness on the part of the API to try to reform the law, rather than scrap it entirely, according to the Reuters report.
