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, D.C. – Advocates and experts have virtually converged in Washington, D.C. this week for Growth Energy’s annual Biofuels Summit to advocate for biofuels in our nation’s capital. Growth Energy CEO Emily Skor kicked off this year’s all-virtual event with opening remarks and a fireside chat on industry priorities with Growth Energy Chairman of the […]
In her keynote address at the 36th Annual International Fuel Ethanol Workshop & Expo (FEW), Growth Energy CEO Emily Skor provided an update on the industry’s recovery amid COVID-19 and offered an exciting vision for growth in the months and years ahead. “We approach this decade through the lens of what will drive demand for […]
On Sunday, October 18th, Austin Dillon placed 11th at Kansas Speedway while driving the American Ethanol Chevrolet. Dillon was pleased with the American Ethanol team’s result, but looks ahead towards another win at Texas Motor Speedway next weekend: “Overall, it was a good run for us. On to Texas Motor Speedway, where we will try […]
Earlier this week Growth Energy and CSP, the leading source for convenience store news, hosted an interactive virtual E15 workshop for retailers, where more than 2000 retail sites were represented. The workshop’s full agenda covered everything retailers would need to know to adopt E15. During the workshop, Growth Energy’s Vice President of Market Development Mike […]
Don't forget to register for next Wednesday. On Oct. 28 @EmilySkor and new @NationalCorn President John Linder will host a virtual town hall to discuss the opportunities on the horizon for corn and biofuel producers. Register here: fjwebinars.com/account/regist… https://t.co/gVnmtsiZ5s
It has been a real challenge for the Biofuels this year!!! Great to have the opportunity to visit with @EmilySkor and talk about the bright future of Biofuels!!! https://t.co/BLugDIcwSI
@GrowthEnergy CEO Emily Skor joined farmer and biofuel leader Kelly Nieuwenhuis for a virtual conversation on the biofuel landscape and top priorities for the agricultural community leading into the new year. @iowafuel #biofuels #bioethanol #US #farming https://t.co/NuzL7ZhFWz https://t.co/38khRWXCyo