OUR OPINION: EPA’s RFS Proposal Is Mixed Bag for Farm States
(Sioux City Journal) Announcement earlier this month by the Environmental Protection Agency on new volumes under the Renewable Fuel Standards program produced a mixed bag of news for farm states like Iowa, Nebraska and South Dakota. The federal RFS began with the Energy Policy Act of 2005 and was expanded and extended by the Energy Independence and Security Act of 2007. It requires transportation fuel sold in the U.S. be blended with a minimum volume of renewable fuels.
We hope some of the numbers go up before the new rules take effect.
On July 5, EPA issued proposed RFS volume requirements for total renewable fuel, cellulosic biofuel and advanced biofuel for 2018 and a proposed volume requirement for biomass-based diesel for 2019. Key pieces of the announcement include:
– The EPA proposes to keep the conventional ethanol requirement of 15 billion gallons the same in 2018.
– The EPA proposes no increase in the biodiesel requirement of 2.1 billion gallons between 2018 and 2019.
– The EPA proposes decreases in the cellulosic biofuel requirement from 311 million gallons to 238 million gallons and the advanced biofuel requirement from 4.28 billion gallons to 4.24 billion gallons in 2018. READ MORE