EPA Releases 2013 Volumetric Targets for the Renewable Fuel Standard
Posted 31 January 2013 in
The following is our statement on the release of the Environmental Protection Agency (EPA) 2013 volumetric standards for the Renewable Fuel Standard (RFS):
The Renewable Fuels Standard (RFS) was designed from the start to have ambitious targets to drive investment, innovation and ultimate commercialization of renewable fuels, including cellulosic.
The policy is working: cellulosic biofuels are being produced now and millions of gallons of cellulosic fuel are expected to come online in the next two years. With the release of EPA’s 2013 RFS volumes, cellulosic innovators and producers around the country are continuing to work towards these targets.
The companies and projects planned and in progress around the country represent innovation, new technologies and continued investment in domestic, clean fuel production here in the U.S. The renewable fuel industry is at a turning point in bringing these fuels to the market, and it’s important to realize that the RFS has the flexibility to allow for compliance as the industry increases production.
The potential is there and is already becoming a reality; we must continue to protect the policies that support continued investment in the industry.
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