"In 2019, President Biden said in Iowa, and I quote, 'Those waivers are a gigantic mistake. We should not be exempting, we should be insisting that these major oil companies meet the criteria that are set,' end quote. We wholeheartedly agree. Lowering, waving, caping, or any backtracking on the promise of the Renewable Fuels Standard (RFS) damages our ability to decarbonize our vehicle fleet, threatens large agricultural markets, and jeopardizes hundreds of thousands of jobs supported by the biofuel industry."
According to Skor, a new study shows switching to E15 with incentives pending in Congress would add $18 billion to the economy, $10 billion to household income and 183,000 jobs.
(Source: Growth Energy, DRG News, 29 June, 2021). (Source: Growth Energy , Website PR, 25 May, 2021) Contact: Growth Energy, Emily Skor, CEO, www.growthenergy.org
More Low-Carbon Energy News Growth Energy, RFS, Hardship Waivers, Biofuel, Ethanol,
The agency now lists seven pending requests each for 2011 and 2012, 11 each for 2013 and 2015, 12 in 2014, eight in 2016 and two in 2018, as well as 27 listed for 2019 and one for 2020. The agency granted 85 waivers for the period 2016 to 2018.
As previously noted, "hardship waivers" were intended for refineries producing 75,000 bpd or less and suffered "disproportionate economic hardship" from the costs of RFS compliance. The waiver frees the refineries from an obligation to provide the EPA with biofuels credits proving compliance. Under the now vanquished administrator Greg Pruitt's direction, the EPA handed out 54 exemptions over two years and not a single request for an exemption was denied.Under the U.S. Renewable Fuel Standard, the nation's oil refineries are required to blend billions of gallons of biofuels such as ethanol into the fuel or buy credits from those that do. But the EPA can waive their obligations if they prove compliance would cause them financial distress. (Source: EPA,DTN, 16 July, 2020)
More Low-Carbon Energy News RFS, Hardship Waivers, Biofuel Blend,