Each summer, the Environmental Protection Agency (EPA) issues a proposal governing how much renewable energy should be available to consumers in the year ahead. These targets are called Renewable Volume Obligations (RVOs) and they determine how many gallons of biofuel refiners will add to the motor fuel mix. After a proposal is issued, the agency then accepts comments from the public before issuing a final rule making under the RFS.
Renewable Identification Numbers (RINs) allow refiners and fuel importers to track each gallon of biofuel and demonstrate compliance with the law.
When Congress enacted the RFS targets, lawmakers set specific, near-term goals for the consumption of biofuels. After 2022, the EPA is required to continue setting targets guided by specific procedures and pro-growth guidelines laid out by Congress, similar to the procedure used today for setting RVOs for biomass-based diesel.
Strong annual targets for biofuel consumption remain vital to consumers, biofuel producers, and rural communities that depend on the RFS to drive economic growth. Across the heartland, a global crop surplus has pushed down farm incomes, threatening to stall the entire rural economy. The RFS provides policymakers a proven tool to harness America’s abundant renewable energy and revitalize rural growth.
WASHINGTON, DC – Growth Energy, the nation’s largest ethanol association, today called on the Environmental Protection Agency (EPA) to uphold the president’s commitment to farmers and biofuel workers by fixing a flawed proposed supplemental rule on 2020 biofuel targets under the Renewable Fuel Standard (RFS). In formal comments to the agency, Growth Energy calls on […]
WASHINGTON, DC – Today, the U.S. Environmental Protection Agency released its supplemental proposal to the proposed 2020 renewable volume obligations. Growth Energy CEO Emily Skor issued the following statement: “It is unconscionable that EPA’s proposal betrays President Trump’s promise to rural America. A week ago, Administrator Wheeler personally took to the airwaves and promised Iowa farmers that he would […]
WASHINGTON, D.C. – Today, the U.S. Department of Agriculture (USDA) announced a request for information on biofuel infrastructure priorities, seeking feedback from stakeholders on a key element of president’s promise to expand markets for higher ethanol blends like E15. Growth Energy CEO Emily Skor issued the following statement: “We appreciate the USDA’s outreach, and we look forward to sharing our insights on efforts […]
Today, our SVP of Federal Affairs Chris Bliley gave a presentation to the National Capital Area Chapter of the U.S. Association for Energy Economics on the role of the RFS and biofuel in our nation's energy policy, and taking questions from local energy experts. https://t.co/T554b0Wrj4