RFS woes

Last Week, the Environmental Protection Agency issued a draft rule proposing Renewable Fuel Standards (RFS) blend levels for conventional biofuels for 2020 and biodiesel for 2021. Reactions came from a wide range of sources:

Iowa Renewable Fuels Associaiton: The 2020 conventional biofuels level, most often satisfied with corn ethanol, is proposed at 15 billion gallions, in line with the statute. However, the draft proposal does not address the demand destruction caused by unjustified small refinery exemptions.

Read the whole editorial in the July 11 Advance.

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