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ASA: It’s positive, but ‘we can do more’

By Staff | Dec 4, 2016

WASHINGTON (ASA) – The U.S. Environmental Protection Agency’s Renewable Fuel Standard volumes for 2017-18 are positive with the overall RFS increasing and the total advanced biofuels portion being increased above the levels in the proposed rule.

The increased advanced biofuels volume requirements provide a market opportunity for soy biodiesel, which is the most prevalent fuel to qualify as an advanced biofuel. The American Soybean Association would have liked to see greater support and promotion specifically for domestically produced biodiesel through higher volumes for the biomass-based diesel category.

EPA chose to maintain the biomass-based diesel volumes at 2.1 billion gallons for 2018, the same level in the initial proposed rule. While it represents a 100 million gallon increase in the RFS biomass-based diesel volumes from 2017, it is roughly the same amount of biomass-based diesel that was utilized in the U.S. in 2015.

“The levels announced today provide opportunities but also do not take full advantage of an opportunity to further promote a viable, domestically produced renewable fuel industry that is U.S. biodiesel,” said ASA President Richard Wilkins, a soybean farmer from Greenwood, Delaware. “To see the volume remain at 2.1 billion gallons as they were in the proposed rule is frustrating.

“We know we can do more.”

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