Biodiesel a Big Winner in RFS Final Rule

biod pump
The U.S. EPA released its final rule for Renewable Volume Obligations (RVO) under the Renewable Fuel Standard (RFS) Nov. 30, and the figures for biomass-based diesel are higher than the proposal released in May. The agency issued its biomass-based diesel RVO for years 2014-’17, while RVOs for all other categories-renewable fuel, advanced biofuels and cellulosic biofuels-were issued for 2014-’16.

The final RVOs for biomass-based diesel -which is largely biodiesel fuel – are 1.63 billion gallons for 2014, 1.73 billion gallons for 2015, 1.9 billion gallons for 2016, and 2 billion gallons for 2017. The proposal issued May 29 called for 1.63 billion gallons of biomass-based diesel for 2014, 1.7 billion gallons for 2015, 1.8 billion gallons for 2016 and 1.9 billion gallons for 2017.

Biodiesel producers are excited and encouraged by the higher biomass-based diesel volumes in the final RFS rule after the industry has suffered considerably for the past two years operating without a federal mandate. More information can be found here, and here

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