EPA is still formally planning to release its proposed rulemaking on setting Renewable Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) for 2023 and beyond yet this year and finalize those regulations by November 2022. Interestingly, EPA noted that by statute, it is required to establish volumes 14 months ahead of the first applicable year — 2023; the RFS statute only has target volumes for renewable fuels through 2022.
However, the proposed rule from EPA on this topic has not yet gone to the Office of Management and Budget (OMB) for review, so the timeline laid out in the Autumn Regulatory Agenda released this week will not be met. OMB had the EPA proposed rule setting 2020, 2021 and 2022 RFS levels on review from Aug. 26 through Dec.7, and EPA announced those levels on Dec. 7.
Read more news from Pro Farmer in today’s Evening Report.
