On November 30th, the U.S. Environmental Protection Agency (EPA) released the required volume obligations (RVOs) under the Renewable Fuel Standard (RFS) and failed to grow the biomass-based diesel volumes. Since the July proposal was released, the National Biodiesel Board (NBB) and other industry associations and stakeholders have called for growth in the volumes of advanced biofuels and biomass-based diesel.
“These flat volumes will harm Americans across several job-creating sectors—be they farmers, grease collectors, crushers, biodiesel producers or truckers—as well as consumers. Nevertheless, we can’t thank our members and our biodiesel champions at the state and federal levels enough for their tireless advocacy and education efforts.” said Doug Whitehead, chief operating officer of the National Biodiesel Board.
EPA announced requirements of 4.29 billion gallons of advanced biofuels for 2018 and 2.1 billion gallons of biomass-based diesel again for 2019. The July proposal recommended only 4.24 billion gallons of advanced biofuels and 2.1 billion gallons of biomass-based diesel—a reduction and a flatline, respectively, from last year’s standards. The biodiesel industry has consistently exceeded EPA’s standards—despite the agency underestimating the volumes each year. These volumes are important for setting a baseline—and our industry will again surpass these low expectations—but the failure to increase volumes will inhibit continued growth and investments.