A leader in the ethanol industry says increasing biofuel blending requirements restores integrity to the Renewable Fuel Standard and will help lower prices at the pump.
Renewable Fuels Association President and CEO Geoff Cooper says EPA’s announcement provides clarity and predictability. “All in all, we see this is as a very positive package for the industry. We think it goes along way toward putting the RFS back on track and really cleaning up some of the big messes that the previous administration made on this program.”
EPA says it’s setting the 2022 Renewable Volume Obligation (RVO) at 15 billion gallons of renewable fuel and more than 5 billion gallons of biofuels.