2018 RVOs Keep Conventional Biofuels on Track

Washington, D.C., Nov. 30, 2017 -- Growth Energy CEO Emily Skor today released the following statement regarding the Environmental Protection Agency’s (EPA) release of the final renewable volume obligations (RVOs) for 2018. The total renewable fuel volume is 19.29 billion gallons, which includes 15 billion gallons for conventional biofuel. Advanced biofuel is set for 4.29 billion gallons, including 288 million gallons of cellulosic biofuel. The 2019 biodiesel amount is set for 2.1 billion gallons.

“We applaud the administration for standing up against efforts to destabilize the Renewable Fuel Standard,” Skor said. “The EPA’s on-time announcement upholds the statutory targets for conventional biofuels, which will provide much-needed certainty for hard-pressed rural communities. We would like to have seen a boost to the target blending levels for cellulosic biofuels, and we will continue to work with the administration to advance the RFS goal of further stimulating growth and showing U.S. leadership in 21st century fuels.

“The RFS remains America’s single most successful energy policy and continually works to save consumers money, protect the environment, drive rural growth, and secure U.S. energy independence. To keep this momentum strong, the EPA must take bold steps toward growth, as outlined by President Trump. We urge the agency to act quickly on the administrator’s promise of a long-overdue fix to Reid Vapor Pressure rules that needlessly limit sales of E15 during summer months.”

Leading up to the release of the final 2018 RVOs, Growth Energy filed substantive comments including several studies that provided insight into the potential for cellulosic biofuels production, the role of renewable fuel in achieving the U.S.’s energy policy goals, and the risk of an increase to national greenhouse gas emissions if the EPA were to reduce the conventional fuel volume. Growth Energy Vice President of Regulatory Affairs Chris Bliley also testified during the EPA’s hearing in August on the RVOs. 


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ABOUT GROWTH ENERGY 

Growth Energy represents producers and supporters of ethanol working to bring consumers better choices at the fuel pump, grow America's economy and improve the environment for future generations. Our organization's national campaign — online at GetBiofuel.com — serves as the leading source of information for consumers seeking cleaner, more affordable fueling options. For more information on our organization, visit us at GrowthEnergy.org, follow us on Twitter @GrowthEnergy, or connect with us on Facebook.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5b76dc4c-1dbf-47db-83a8-a65a1bef958e

Chris Hogan
Growth Energy
202-545-4000
[email protected]