
(AGENPARL) – mer 21 giugno 2023 Issued: Jun 21, 2023 (11:38am EDT)
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EPA Finalizes New Renewable Fuel Standards to Strengthen U.S. Energy Security,
Support U.S. Rural Economy, and Expand Production of Low-Carbon Fuels
Final rule sets balanced biofuels growth from 2023 to 2025, reducing reliance
on up to 140,000 barrels of foreign oil imports per day
U.S. Environmental Protection Agency, Region 7 – 11201 Renner Blvd., Lenexa,
KS 66219
Iowa, Kansas, Missouri, Nebraska, and Nine Tribal Nations
LENEXA, KAN. (JUNE 21, 2023) – Today, the U.S. Environmental Protection
Agency (EPA) issued a final rule under the Renewable Fuel Standard (RFS)
program that establishes the biofuel volume requirements for 2023 to 2025.
This final rule builds on the RFS program’s progress over the previous two
years and reflects the Biden-Harris Administration’s commitment to
strengthen the nation’s energy independence, advance low-carbon fuels, and
support agricultural communities.
The final rule strengthens U.S. energy security by reducing reliance on
foreign sources of oil by roughly 130,000 to 140,000 barrels of oil per day
over the time frame of the final rule, 2023–2025. The final rule also
discusses EPA’s intent to monitor the ongoing implementation of the RFS
program and its impacts on domestic refineries, which have a critical role to
play in our energy security.
“From day one, EPA has been committed to the growth of renewable fuels that
play a critical role in diversifying our country’s energy mix and combatting
climate change, all while providing good paying jobs and economic benefits to
communities across the country,” said EPA Administrator Michael S. Regan.
“Today’s final rule reflects our efforts to ensure stability of the
program for years to come, protect consumers from high fuel costs, strengthen
the rural economy, support domestic production of cleaner fuels, and help
reduce greenhouse gas emissions.”
The Set Rule establishes the biofuel volume requirements and associated
percentage standards for cellulosic biofuel, biomass-based diesel (BBD),
advanced biofuel, and total renewable fuel for 2023–2025. It also completes
EPA’s response to a court remand of the 2016 annual rule by establishing a
supplemental volume requirement of 250 million gallons of renewable fuel for
2023. The final volume targets are as follows:
Volume Targets (billion RINs)
2023
2024
2025
Cellulosic biofuel
0.84
1.09
1.38
Biomass-based dieselb
2.82
3.04
3.35
Advanced biofuel
5.94
6.54
7.33
Renewable fuel
20.94
21.54
22.33
Supplemental standard
0.25
b BBD is given in billion gallons.
The Set Rule includes steady growth of biofuels for use in the nation’s fuel
supply for 2023, 2024, and 2025. The Energy Independence and Security Act
(EISA) of 2007 does not specify statutory volumes after 2022, and EPA in this
rule is establishing final biofuel volume targets for all categories under the
“set” authority provided by the Clean Air Act. When determining biofuel
volumes for years after 2022, EPA must consider a variety of factors specified
in the statute, including costs, air quality, climate change, implementation
of the program to date, energy security, infrastructure issues, commodity
prices, water quality, and supply.
This final rule increases U.S. energy security by reducing U.S. oil imports by
roughly 130,000 to 140,000 barrels of oil per day over the time frame of the
final rule, 2023–2025. The anticipated value of the energy security benefits
to the US economy ranges from $173-$192 million per year over the time frame
of the final rule.
In addition to setting the volume requirements, EPA is finalizing several
regulatory changes intended to expand the use of biogas under the program
while, at the same time, putting in place provisions that will improve the
operation of the RFS program.
The final rule follows a robust engagement strategy and reflects comments from
a diverse set of stakeholders on the potential economic impacts of the
program. EPA is committed to successful implementation of the program and
intends to use all available data and tools to monitor the implementation of
the RFS program and its impacts. For example, EPA will within 45 days meet
with the Commodity Futures Trading Commission (CFTC) to make sure existing
agreements between EPA and CFTC are sufficient to monitor renewable
identification numbers (RINs) trades for potential market manipulation. In
addition, EPA has identified a clear set of market indicators – from the
costs to consumers of transportation fuel to the stability of fuel supplies
and domestic refining assets – that it will continue to monitor in real time
to ensure successful implementation.
EPA continues to assess the comments received on proposed regulations
governing the generation of Renewable Identification Numbers (RINs), which are
RFS compliance credits, for electricity made from renewable biomass that is
used for transportation fuel (eRINs). The EPA will continue to work on
potential paths forward for the eRIN program, while further reviewing the
comments received on the proposal and seeking additional input from
stakeholders to inform potential next steps on the eRIN program.
Learn more information on the Set Final Rule.
# # #
Learn more about EPA Region 7
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