EPA Lowers Proposed Volume Standards for RFS
The Environmental Protection Agency recently released Proposed Volume Standards for 2018, and the Biomass-Based Diesel Volume for 2019. This proposal includes volume requirements for cellulosic biofuel, advanced biofuel, biomass-based diesel and total renewable fuel for 2018. The 2018 proposed volume requirement for total renewable fuel is 19.24 billion gallons, down 40 million gallons from the 2017 volume standards and well below the lofty goal of 26 billion gallons set in the Renewable Fuel Standard statute.
Included in the 2018 proposed volumes are reductions in the volume requirements for advanced biofuels by 40 million gallons and cellulosic biofuel by 73 million gallons. Biomass-based biodiesel volumes were proposed at 2.1 billion gallons for both 2018 and 2019. Importantly, the 2018 biofuel mandate leaves untouched 15 billion gallons of conventional biofuels, i.e. corn-based ethanol, required under statutory levels.
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