29 May '15, 2pm

EPA’s RVO Decision is Not What the Statute Intended, Not in the Best Interest of Consumers -

WASHINGTON — Today, the Environmental Protection Agency (EPA) released its proposed Renewable Fuel Standard (RFS) renewable volume obligations (RVOs) for 2014, 2015 and 2016. Unfortunately, the EPA continues to cling to the “blend wall” methodology that falsely claims ethanol has reached its saturation point at a 10 percent ethanol blend and that higher-level ethanol blends, such as E15 and E85, are not yet large enough to justify a higher RVO. The Renewable Fuels Association has called on the EPA to do away with the “blend wall” methodology and allow the statutory volumes in the RFS to drive marketplace change. Bob Dinneen, president and CEO of the Renewable Fuels Association, released the following statement: “EPA has to be given some credit for attempting to get the RFS back on track by increasing the renewable volume obligations (RVOs) over time. But the frustrating fa...

Full article: http://www.ethanolrfa.org/news/entry/epas-rvo-decision-is...

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