Renewable Energy Group Statement on Final EPA Renewable Fuel Volumes
“We are very pleased to see growth for the Advanced Biofuel and Biomass-Based Diesel categories. It is clear that the industry can deliver higher volumes of cleaner burning fuels that consumers want to the market. We appreciate that Acting Administrator Wheeler has listened to our position and that this final RVO rule reflects that.
We look forward to continuing to work with the President and his Administration to show how continued growth of renewable fuels benefits rural America, American agriculture and energy security, and the environment.”
The final RVO rule will increase the minimum advanced biofuel volume for 2019 to 4.92 billion ethanol equivalent gallons, up from 4.29 billion gallons for this year, and 2.43 billion gallons of biomass-based diesel in 2020, up from 2.1 billion gallons for 2019.
Source: Renewable Energy Group, Inc.