Health Care

EPA proposes cutting biofuels mandate for 2018

EPA proposes cutting biofuels mandate for 2018

"The EPA should be committed to diversifying the diesel fuel market and prioritizing advanced biofuels".

The Environmental Protection Agency (EPA) is proposing lower biofuel quotas in 2018 than those now on the books and required by federal law.

The new regulations, issued under the renewable fuel standards program, require that 15 billion gallons of conventional ethanol be mixed into the fuel supply during the 2018 annual calendar year.

He is concerned, however, with the reduction in the cellulosic biofuel requirement to 238 million gallons but he understands that EPA has to base the numbers on actual production. We call on the EPA to keep the RFS moving forward in line with the law and in a timely manner. Of that, the agency will require that 15 billion gallons of conventional corn-based ethanol be used, a number that's unchanged from the 2017 figure.

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The U.S. Environmental Protection Agency's proposed total volume marked a slight decline from current levels and was more than 20 percent below targets laid out in a 2007 law.

"EPA's proposal misses an opportunity to drive USA leadership in cellulosic fuels and create new economic opportunities across the heartland", said Brooke Coleman, executive director of the Advanced Biofuels Business Council. The EPA's proposal would cut the "advanced biofuels" category from 4.28 billion gallons required in 2018 to 4.24 billion gallons, an important category that biodiesel helps fill. "Consumers only see the full benefits of the RFS when EPA implements the policy as intended by Congress".

"Information from the Department of Energy, as well as from the numerous retailers across the country selling higher biofuel blends, confirm what we've known for years-there is no 'blend wall.' More and more of America's drivers are choosing higher biofuel blends, like E15, and fulfilling the promise of the RFS", Skor continued. Nevertheless, the mandates for conventional and advanced biofuels are still too high - either exceeding demonstrated domestic biofuel production or the ability to use more biofuel than vehicles, engines, and the fueling infrastructure can handle.

The Renewable Fuels Association, the ethanol industry's leading trade group, said the overall proposal is a positive step.

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The American Petroleum Institute applauded the announcement but said it didn't go far enough toward overhauling the RFS program. We need to reform outdated energy policies to reflect the energy realities of today and tomorrow.

The Trump administration is holding off any major shift to USA ethanol policy for the moment, announcing Wednesday it planned to maintain the mandate for ethanol and other biofuels near current levels in 2018.

The EPA lowered the amount of biofuel that must be used in the US next year.

The Biotechnology Innovation Organization called for the RVOs to be improved in order to support investment and capacity building for advanced and cellulosic biofuels.

Hecla Mining Company (HL) Getting Somewhat Positive News Coverage, Analysis Shows
The company had revenue of $142.50 million for the quarter, compared to the consensus estimate of $160.24 million. Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc.

EPA's proposal is good for farmers who are facing tough economic times and good for consumers who want affordable fuel choices that give us a cleaner environment.

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