EPA proposes to further delay RFS compliance deadlines
Summary
“It’s long past time for refiners to demonstrate compliance with their 2019 and 2020 renewable volume obligations,” said Geoff Cooper, president and CEO of the RFA> “There’s no good reason for EPA to kick the can down the road again, which only adds uncertainty and instability to the marketplace. The rural economy needs and deserves the market certainty and predictability the Renewable Fuel Standard was intended to provide.” Growth Energy stressed the EPA’s proposal will contribute to ongoing uncertainty. Sadly, even as our country faces rising gas prices, the EPA and the Biden Administration continue to give in to the loud voices of the oil industry without considering their detrimental impact on rural America. Its past time for the EPA to enforce the law, as written, and give producers, farmers, and other responsible stakeholders the certainty they need to invest in homegrown energy, hold down prices at the pump, and reduce emissions.” The Iowa Renewable Fuels Association said the proposal signals bad new for farm country. This discrepancy appears to support the rumors and reports that EPA is preparing to take the unprecedented and illegal step of reopening the finalized 2020 RFS rule in order to reduce the volumes and destroy biofuel demand.