As the biofuels industry waits for the EPA to release Renewable Volume Obligations, a former senator and one of the authors of the Renewable Fuel Standard says he’s concerned volumes will be reduced.
Byron Dorgan of North Dakota says…”the Renewable Fuel Standards has been successful, and we’ve grown a very significant industry in biofuels and renewable energy. The Trump administration injured the industry with small refinery exemptions, and I had hoped the Biden administration would be better (about upholding the RFS) but this original recommendation that we hear is coming from the EPA is going to be very difficult for the renewable fuels industry.”
EPA recently sent proposed blending targets to the Office of Management and Budget for review.