WASHINGTON, D.C. – Today, the Environmental Protection Agency (EPA) released their final 2017 Renewable Volume Obligations (RVOs) rule for the Renewable Fuel Standard (RFS). The conventional biofuel amount of 15 billion gallons is an increase from 14.8 billion gallons in the proposed rule, and sets the levels in line with bipartisan Congressional intent. In response, Emily Skor, CEO of Growth Energy, issued the following statement:

“We are pleased that the EPA’s rule finally achieves the statutory volume for conventional biofuel as called for by Congress. The Renewable Fuel Standard is our country’s most successful energy policy. It continues to inject much needed competition and consumer choice into the vehicle fuels marketplace. It enables greater consumer adoption of cleaner biofuels that displace toxic additives and reduce harmful emissions, while creating American jobs, spurring innovation and lowering the price at the pump.

“Today’s announcement by the administration validates the critical importance of cleaner burning, less expensive biofuels, like ethanol. The American ethanol industry is a true success story, and with increased volumes, producers can unleash their full potential to ensure that higher blends, such as E15, are available to consumers and producers can continue to innovate by developing 21st century fuels for 21st century cars.

“This announcement is a win for our energy security, the environment, the American consumer and American innovation. We look forward to working with EPA, as well as the incoming Trump administration, to ensure the continued successful implementation of the RFS.”

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Moving to a nationwide E15 standard would save $12.2 billion in fuel costs - every year. That's meaningful for American drivers. https://t.co/0YVDOqVekX

via @GrowthEnergy

We recently hosted U.S. Sen. Steve Daines at the CHS refinery in Laurel, Montana. The event included a tour and a discussion about domestic energy policy, and how the refinery supports our customers and owners across rural America. https://t.co/xe0NF7MSUb

via @CHSInc

.@RepCheri in @FoxBusiness: When we blend ethanol into our gasoline, it reduces harmful emissions almost in half, brings down the price for consumers by up to 60 cents per gallon and supports American farmers. foxbusiness.com/energy/ethanol…

via @GrowthEnergy

Japan has committed to taking all available measures to double demand for bioethanol, including for sustainable aviation fuel and on-road fuel, by 2030 to reduce dependence on imported petroleum. This move translates to roughly over an E3 blend → whitehouse.gov/briefing-room/…

via @GrowthEnergy