AGRIBUSINESS: EPA Proposes New Standards

The Environmental Protection Agency has proposed the 2013 percentage standards for the Renewable Fuel Standard.

EPA proposes the following:
For total renewable fuels - 16.55 billion gallons
For advanced biofuels - 2.75 billion gallons
For biomass-based diesel - 1.28 billion gallons
For cellulosic biofuels - 14 million gallons, a 61% increase from 8.65 million gallons mandated in 2012.

The RFS2 program encourages greater use of renewable fuels, including advanced biofuels. For 2013, the program proposes implementation of requirements from the Energy Independence and Security Act of 2007 to blend more than 1.35 billion gallons of renewable fuels over the amount mandated for 2012.

The EPA’s proposed volumes and standards for 2013 are open for a 45-day public comment period.

Filed in: Agribusiness

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