Latest industry Trends Watch:
Spader Online Services
Advertise with NAEDA > >
Follow us on Twitter > >
WASHINGTON, Nov. 15, 2013 - The EPA issued a proposed rule today to lower the Renewable Fuels Standard (RFS) requirement for 2014 below the congressional mandate to 15.21 billion gallons of ethanol and biodiesel for blending into gasoline.
Congress initially called for an 18.15 billion gallon mandate. The proposed rule immediately drew strong reactions, in support and opposition, from lawmakers and several organizations. The decision to move to lower the requirement was not unexpected though, because an earlier leaked draft of the rule contained similar numbers.
EPA administrator Gina McCarthy said despite the proposal to lower the RFS requirement, the administration continues to support the goal of increasing biofuel production and usage.
“Biofuels are a key part of the Obama administration's ‘all of the above' energy strategy, helping to reduce our dependence on foreign oil, cut carbon pollution and create jobs,” McCarthy said. “We look forward to working with all stakeholders to develop a final rule that maintains the strength and promise of the RFS program.”