Both sides of the renewable fuels debate are letting the EPA know where they stand on the agency’s proposed renewable volume obligations for 2020 through 2022.
Paul Kelly with the American Petroleum Institute says they support EPA’s use of the reset authority to reduce 2021 standards to match volumes already used, and retroactively reopening the 2020 renewable volume obligations due to the pandemic. ” acknowledges that reducing the 2020 volume standard to volumes actually used in the marketplace and adjusting the SRE volumes in the calculation of the percentage standards consistent with the proposed denial of pending petitions are necessary to address this unusual situation.”
Geoff Cooper with the Renewable Fuels Association testified the EPA’s proposed rule represents an important step towards restoring order, integrity, and growth to the Renewable Fuels Standard, but is concerned about EPA’s use of reset authority to adjust 2021 and especially 2020 requirements.
