EPA delivers final RFS ‘set’ rule to White House OMB
Summary
The U.S. EPA has delivered its final rule to set 2023, 2024 and 2025 Renewable Fuel Standard blending obligations to the White House Office of Management and Budget. The OMB’s description of the rulemaking does not indicate whether it will contain provisions related to electric renewable identification numbers (eRINs). The volume of conventional biofuels that can be used to meet RFS blend requirements would be maintained at 15.25 billion gallons. Data published by the U.S. Energy Information Administration data currently projects renewable diesel capacity alone will double to 5.9 billion gallons by the end of 2025, far above the proposed 2.95 billion gallon RVO for biomass-based fuels proposed by the EPA. The EPA is required to issue a final rule setting 2023, 2024 and 2025 RFS RVOs by June 14 under a consent decree reached as part of a legal challenge filed by Growth Energy last year related to the EPA’s failure to reach statutory RFS deadlines.