US NFU hopes for certainty for biofuels industry

National Farmers Union (NFU) President Roger Johnson is hopeful the U.S. Environmental Protection Agency’s (EPA) timeline for releasing Renewable Fuel Standard (RFS) target levels would restore stability to an already damaged biofuels market and urged the EPA to stick to RFS statutory volume target levels when issuing the rule.

“The timeline announced today by the EPA is encouraging because it provides the biofuels industry with some measure of the certainty it has lacked during the delays to setting the RFS target levels,” said Johnson. “NFU urges EPA to reinforce its support of clean energy, job creation and our nation’s energy independence by returning the volume obligations to their statutory levels.”

The EPA announced that it will release the long-anticipated 2014 – 2016 proposed volume targets for the RFS on June 1, 2015. Johnson noted that the EPA’s proposed target levels from November 2013 were unacceptable and that the volume standards are supposed to be a significant help in establishing the market for biofuels.

“The RFS has been the best thing to happen to farm country in generations, and rural America and the biofuels industry look to the EPA’s target levels for certainty in planning and investment,” said Johnson. “The EPA needs to make sure the numbers ensure the success of biofuels in America.”

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