Home Energy Biodiesel Industry Applauds Advanced Biofuel Standard

Biodiesel Industry Applauds Advanced Biofuel Standard

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With its decision to maintain a strong 2013 Advanced Biofuel requirement under the Renewable Fuel Standard – the Environmental Protection Agency is helping consumers, creating jobs and reducing emissions. That’s the word from the National Biodiesel Board Tuesday. NBB Vice President of Federal Affairs Anne Steckel says the target will clearly be met and will continue to diversify the country’s fuel supplies so we aren’t at the mercy of global oil markets every time we fill up at the pump. The EPA rule finalizes an earlier proposal requiring that 2.75-billion gallons of advanced biofuel be blended into the U.S. fuel supply this year. Advanced biofuels must reduce lifecycle greenhouse gas emissions by at least 50-percent compared with petroleum fuels. NBB notes biodiesel is the first and only advanced biofuel under the program to reach commercial-scale production nationwide – and the first to break one-billion gallons in annual volume.

The biodiesel industry produced nearly 1.1-billion gallons last year – enough fuel to fill 87-percent of the total advanced biofuel requirement in 2012. This year – the industry is on pace to again fill a majority of the requirement. Steckel says biodiesel is providing that advanced biofuels are working today and can reduce prices for consumers. She says the RFS is a critical component to that success – adding that this latest rule will help stimulate new technologies and additional growth.

 

Source: NAFB News serviceBioDieselPump