Sep. 24 at 5:59 PM
$IEP Why CVR Energy (CVI) Is Up 11.8% After Major EPA Waivers Slash Renewable Credit Costs
Recently, the Environmental Protection Agency granted CVR Energy’s subsidiary, Wynnewood Refining Company, waivers for Renewable Fuel Standard compliance from 2017 through 2024, covering more than 400 million renewable fuel credits.
This regulatory change could substantially reduce CVR Energy’s financial obligations related to renewable fuel credits and ease compliance challenges for the company.
We'll explore how these EPA waivers could reshape CVR Energy's future compliance costs and broader investment outlook going forward.
$IEP Carl Icahn doubled down on
$CVI owning almost all the common shares. THIS WILL be a big impact to
$IEP balance sheet.