WASHINGTON, D.C. – Growth Energy celebrated the 17th anniversary of the Renewable Fuel Standard (RFS), signed into law on August 8, 2005, by outlining the biofuel sector’s top priorities for the Environmental Protection Agency’s (EPA) fast-approaching update to the program. Under a consent decree agreement reached with Growth Energy, EPA will be required to formally propose the 2023 RFS biofuel requirements no later than November 16, 2022. The rulemaking – called the Set – promises to usher in a new era for the RFS, marking the first year a baseline for biofuel volumes is not specified by Congress but must be set based on statutory factors like fuel costs, environmental benefits, and commercial production.
“The RFS remains America’s single most successful clean energy policy, but its full potential as a climate solution remains untapped,” said Growth Energy CEO Emily Skor. “The Set marks a watershed moment for the program, and it’s vital that President Biden’s team fully embrace this opportunity to hold down fuel prices and rapidly decarbonize the transportation sector. Rural workers and farmers across the heartland are ready to lead the charge, and with a forward-looking RFS, we can finally break old patterns of reliance on expensive fossil fuels.”
As EPA staff works on the Set proposal, which is expected to cover, at a minimum, the 2023 and 2024 Renewable Volume Obligations (RVOs), Growth Energy is rallying industry stakeholders, biofuel advocates, and rural leaders across the country to educate policymakers on priorities for a successful Set (FACT SHEET here, FAQ here). Specifically, they are calling on EPA to:
“As we approach a new era for the RFS, Growth Energy is laser-focused on making sure the Set reflects Congress’s overarching directive to steadily expand the critical role biofuels play in mitigating climate change and lowering prices at the pump,” added Skor.
The First District is home to 10 of MN’s 18 ethanol plants. This #NCEW22, I proudly support the production of biofuels, which provide affordable, reliable energy that meets the needs of American families & businesses, while also reducing our reliance on foreign energy sources. https://t.co/UrvwSQgYXc
#Biofuels support American energy security, create jobs throughout rural America, & reduce greenhouse gas emissions. 🎥 WATCH: @RepMMM is working to promote renewable energy sources like IA #biofuels to create a cleaner future. https://t.co/knROLkKSHu
Ethanol & biodiesel are both American-made #Biofuels that can be locally-grown & help lower greenhouse gas emissions. Did you know? In 2021, the U.S. was a net exporter of biofuels, sending 800 million gallons to our allies. #NCEW22 https://t.co/2KzIaEf7uc