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 restore biofuel demand lost to oil industry handouts in comments on the agency’s final 2020 Renewable Volume Obligations (RVO). Due by November 30, the RVOs will determine next year’s biofuel targets under the Renewable Fuel Standard (RFS). “The […]
This story quotes Growth Energy’s Vice President of Regulatory Affairs, Chris Bliley, from the EPA’s July hearing on the proposed biofuel targets under the Renewable Fuel Standard (RFS) for 2020. It was originally published on Convenience Store Decisions’ website: “‘Once again, the proposal assumes that despite exempting at least 190 million gallons of biofuel every […]
This story was originally published on AgDaily’s website: “Growth Energy, the nation’s largest ethanol association, launched a new ad campaign featuring a fourth-generation corn and soybean farmer who is asking President Donald Trump to ensure that the U.S. Environmental Protection Agency considers the devastating impact some of the agency’s policies are having on family farms. […]
I am proud to support Illinois' leading biofuels industry. A strong #RFS is critical to our state's economy and supports our ag community. Grateful to @GrowthEnergy for awarding me with the Fueling Growth Award for being a biofuels champion. https://t.co/JwmecYNRun
Front page @DMRegister: @EPA exemptions shut down another Iowa #biofuel plant, “clock ticking” on White House fix https://t.co/O2jDR9dGLC https://t.co/ApioOD0zRd
Leaders at @EthanolRFA & @GrowthEnergy discuss new @USDA report outlining #corn demand destruction due to @EPA exemptions https://t.co/xpak4luD7q
MN's @SenTinaSmith says ethanol is a vital part of Minnesota's economy and that the Trump administration's record issuance of secret waivers to oil refineries continue to cause economic harm to rural communities. https://t.co/1APNbaYoHG https://t.co/OKrU7xOQoN