EPA issues final RVO, biointermediates rule and denies 69 SREs
Summary
We thank Administrator Regan and President Biden for honoring their commitments to implement the RFS in a way that is fair, transparent, and focused on growth.” Cooper also noted that today’s package couldn’t have come at a more important time, as consumers are facing record-high gas prices driven by instability in global energy markets. “However, continued vigilance is required to undo prior and prevent future mismanagement of the RFS — the only tool at EPA’s disposal to replace expensive foreign fossil fuel with low-cost, low-carbon and homegrown biofuels such as ethanol. “We encourage EPA to utilize the upcoming RFS ‘set’ rule for post-2022 volumes to make good on Administrator Regan’s statement that ‘biofuels will be part of the solution for climate change and lowering prices at the pump,’” Jennings added. And we encourage the agency to quickly finalize new feedstocks pathways, such as that for canola oil.” “Biodiesel and renewable diesel are essential to keeping the U.S. economy moving right now, meeting more than 5 percent of the nation’s need for heavy duty transportation and shipping fuel,” Kovarik continued. “We commend the Biden Administration for holding the line and putting the RFS back on track, despite the theatrics coming from a small handful of anti-biofuel oil refiners still trying to pad their profits by betting on regulatory handouts,” said Brook Coleman, executive director of the ABBC.