Part 1: Growth Energy Pleased with Renewable Fuel Standards
“So it includes volumes for the three years 23, 24, and 25. Again, these are the highest volumes ever, which includes 15 billion gallons of conventional biofuels for each of those three years and includes an additional 250 million gallons from litigation for 2023.”
Bliley says a central focus for growth energy has been advocating for the administration's rejection of small refinery exemptions. An aspect of the renewable fuel standard is where numerical quotas aren't explicitly stipulated in the legislation. Instead, the Environmental Protection Agency determines these figures based on various considerations.
“The numbers are written into the law through 2022. And then for 2023. Afterwards, it's really up to EPA. And so this is the first rule in what we call the set world where EPA has much more discretion.”
With three years of certainty secured and strong conventional volume growth energy is pleased with the overall outcome on tomorrow's line on agriculture report here more with Bliley on the push for summer sales of E 15 fu