Renewable fuel volume obligations released

EPA announces final 2018 RVO numbers under RFS

There's 32 things, in other words 31 more than just the biodiesel tax credit that expire and need to be reauthorized.

"These flat volumes will harm Americans across several job-creating sectors - be they farmers, grease collectors, crushers, biodiesel producers or truckers - as well as consumers", said Doug Whitehead, chief operating officer for the NBB.

"Unfortunately, it appears that EPA did exactly what Senator Grassley demanded, bowing the knee to King Corn", Chet Thompson, AFPM's president and CEO, said, referring to the Republican senior USA senator from Iowa. "Maintaining the 15-billion-gallon conventional biofuel requirement will accelerate investments in the infrastructure necessary to distribute mid-level ethanol blends like E15 and E30, and flex fuels like E85", said Bob Dinneen, RFA president and CEO.

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The U.S. Environmental Protection Agency will require fuel companies to blend 15 billion gallons of conventional renewable fuels into the nation's fuel supply in 2018, in line with the volume it proposed in July and steady with 2017, according to a report from Bloomberg.

However, the National Biodiesel Board noted that the EPA recommended only 4.29 billion gallons of advanced biofuels and 2.1 billion gallons of biomass-based diesel, a reduction and a flatline, respectively, from a year ago.

The Renewable Fuel Standard was intended by Congress to promote growth in the production of biofuels in the USA, but Rep. Dave Loebsack, D-Iowa, said Thursday's final rule has the EPA turning its backs on farmers and rural communities that would have benefited from greater volume requirement increases. "He stood by that, but we still want to see growth in the industry". "That is disappointing", he said in a statement.

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The final biofuel targets have been a matter of controversy this year, as the initial proposal for cellulosic and biomass-based diesel fuels came in lower than many farm interests wanted.

The announcement of final 2018 renewable fuels volumes brought a mixed reaction in Iowa on Thursday. The 2.1 billion gallon biomass-based diesel figure is identical to what last year's announcement required for 2018 despite industry calls for an increase.

Even as officials expressed disappointment with the new advanced biofuel levels Thursday, they still praised the administration for upholding ethanol amounts and backing off the potential structural changes. She added she would continue to push for higher biodiesel and cellulosic amounts.

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Grassley, Ernst, King, Young, and Loebsack all ended their statements with an emphasis on their continued commitment to advocating for and defending the Renewable Fuel Standard and the US biofuel industry.

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