EPA proposes cut to corn-based ethanol mandate
Nov 15, 2013
Pro Farmer Extra
- From the Editors of Pro Farmer newsletter -
November 8, 2013
The U.S. Environmental Protection Agency (EPA) today proposed cutting the Renewable Fuels Standard target to 15.21 billion gallons. This aligns with the proposed cuts of an EPA document leaked in October and it compares to the 2007 RFS proposed a target of 18.15 billion gallons and the 2013 standards requiring 16.55 billion gallons of renewable fuels be blended in the U.S. fuel supply.
The agency did not propose specific volume for ethanol made from corn, but the proposed change in advance biofuels implies a reduction in the corn-based mandate to around 13 billion gallons, which is also near levels in the leaked document. This would be down from the 14.4 billion gallons spelled out in law and the 13.8 billion gallon level in place for 2013.
The proposal includes a variety of approaches relative to setting the 2014 standards and includes a number of production and consumption ranges relative to the individual categories of biofuel within the RFS program.
EPA is also seeking comment on petitions for this waiver of the RFS. EPA expects that a determination on the substance of the petitions will be issued at the same time that EPA issues a final rule establishing the 2014 RFS.
Once the proposal is published in the Federal Register, it will be open to a 60-day public comment period. Once this occurs, it can be found here.
To look at the official proposed rule, click here.
It's not easy to sum up the situation in less that 140 characters!
But, Iowa Ag Secretary Bill Northey did it. Following the EPA proposal, he tweeted, "Big Oil created E10 blend wall by stonewalling E15. EPA buys what they're selling."
Well said, Mr. Secretary.
Follow Pro Farmer Editor Chip Flory on Twitter: @ChipFlory
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