EPA sets growth in biofuel targets, maintains retroactive cut in latest rollout

The Environmental Protection Agency has finalized blending requirements under the nation’s biofuel mandate and is calling for higher usage of renewable fuels this year as consumers face skyrocketing gas prices at the pump.

The announcement sets Renewable Volume Obligations under the Renewable Fuel Standard for 2020, 2021 and 2022. The 2022 volumes were finalized at 20.63 billion gallons, slightly trimmed from the 20.77 billion gallons the Biden administration initially proposed in December. The total volume breaks down to 5.63 billion gallons of advanced biofuels and 15 billion gallons of conventional biofuel like corn ethanol.

“Today’s actions will help to reduce our reliance on oil and put the RFS program back on track after years of challenges and mismanagement,” EPA Administrator Michael Regan said in a statement. “We remain committed to working with all RFS stakeholders to build on today’s actions and deliver certainty and stability in the RFS program.” Read more