Investment in biofuels could plummet if a leaked Environmental Protection Agency proposal to reduce the amount of biofuels refiners need to blend into gasoline next year is true, industry officials warned Wednesday.

“That change in method would change the way we at Abengoa consider our investment,” Chris Standlee, executive vice president with biofuel firm Abengoa, said during a media call. “I think the United States could potentially lose a lot by taking a step like this.”

Recommended Stories

Palestine Action vandals risk jail defying subpoenas as DOJ seeks overseas comrade

If you like your Cheesecake Factory, you can keep your Cheesecake Factory

Alaska Democrats’ voting scheme shows they think voters are ‘stupid’: Salena Zito