EPA’s RVO Rulings a Missed Opportunity
The EPA’s 2023, 2024, and 2025 Renewable Volume Obligations (RVO) are a missed opportunity to invest in and expand the adoption of low-carbon advanced biofuels. While the EPA’s proposal provides much needed certainty for our industry, we are disappointed that the program has undervalued the advanced and biomass-based diesel pool.
The Advanced Biofuels Association and our members believe in an all-of-the-above solution to our energy and climate challenges, inclusive of electrification and low-carbon, advanced biofuels. However, the EPA’s proposed biofuel blending requirements do not fully reflect the volumes of advanced, biomass-based diesel, and cellulosic pools available in the market.
We look forward to reviewing the full details of the EPA’s proposal and working closely with the administration and other key stakeholder groups to make the vision of low carbon fuels of the future a reality.
-Michael McAdams, President of the Advanced Biofuels Association