In The News

Jun 21, 2023

EPA Sets Final Renewable Fuel Volumes for 2023-2025

Key Issues: Ethanol

Author: Bryan Goodman

The U.S. Environmental Protection Agency today released final volume requirements under the Renewable Fuel Standard for 2023, 2024 and 2025, providing for annual growth in total renewable fuel volumes, although with lower conventional biofuel volumes than EPA had proposed.   For 2023, EPA set an implied 15.25-billion-gallon requirement for conventional ethanol, which includes a supplemental 250 million gallons a prior court decision required EPA to restore to the RFS. For 2024 and 2025, EPA holds the implied conventional volume level at 15 billion gallons, despite proposing 15.25 billion gallons for those two years.   “Today’s final RFS volumes came in below levels EPA proposed for conventional biofuels for 2024 and 2025, holding ethanol volumes steady at 15 billion gallons,” said NCGA President Tom Haag. “A multi-year RFS volume rule offers stability and certainty for renewable fuels. However, when it comes to addressing pressing energy, environmental and economic challenges,...

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