A new statistical analysis prepared for the Renewable Fuels Association shows that retail gas prices remain unaffected by the “RIN credit” system under the Renewable Fuel Standard (RFS). According to the analysis, conducted by Informa Economics, Inc., prices for “RIN credits” (Renewable Identification Numbers) used to demonstrate compliance with the RFS had no impact on retail gasoline prices from 2013 …
BIO to EPA: Issue RFS Rule Consistent with Statute
The Biotechnology Industry Organization (BIO) today issued comments on the proposed consent decree to resolve oil industry lawsuits against the Environmental Protection Agency over delays in promulgating final rules for annual biofuel volume obligations. “BIO is supportive of EPA’s commitments contained in the proposed consent decree, which would establish definitive deadlines this year for EPA to take final action on …
Ethanol Industry Launches RFS Campaign
The ethanol industry through Fuels America is launching a major advertising campaign in the nation’s capitol this week urging support for the Renewable Fuel Standard (RFS). Renewable Fuels Association (RFA) president and CEO Bob Dinneen says the campaign asks the EPA to choose whether to reward the oil industry for refusing to fulfill its obligations under the law, or to …
New Ad from ACE Uses ‘Power by People’ for RFS
Looking to capitalize on President Obama’s visit to Watertown, South Dakota, the American Coalition for Ethanol (ACE) placed a full page advertisement in the May 8 Watertown Public Opinion. The ad uses the Power by People campaign which highlights the personal stories and persuasiveness of ACE’s grassroots members. The ad features Marietta Lakness, a farmer, rancher, and investor in Glacial …
Senators Show Support for Biodiesel Industry
Senator Heidi Heitkamp (D-ND) led a number of her Democratic colleagues in calling on Environmental Protection Agency (EPA) to stop the continued delays of the Renewable Fuel Standard (RFS) rule and highlighted the impact that the uncertainty of the past two years has had on biodiesel industry. “We stand together as Democratic Senators who care about this industry, care about …
Biofuels Leaders Ask President for Meeting
A dozen organizations and companies representing biofuels interests this week sent a letter to President Obama asking for a meeting on proposed rules under the Renewable Fuel Standard (RFS) due to come out next month. The letter comes on the heels of an analysis from the Biotechnology Industry Organization (BIO) showing how EPA delays in setting volume requirements (RVOs) under …
RFS Uncertainty Chills Advanced Biofuel Funding
A new analysis from the Biotechnology Industry Organization (BIO) finds delays in rulemaking for the Renewable Fuel Standard (RFS) have chilled necessary investment in advanced and cellulosic biofuels. According to the analysis, the industry has experienced an estimated $13.7 billion shortfall in investment over the past two years as the Environmental Protection Agency has delayed setting volume obligations for biofuels …
NBB Talks Biodiesel Issues with NAFB
The National Biodiesel Board (NBB) took part in the annual National Association of Farm Broadcasting Washington Watch this week to talk with reporters from around the country about issues important to the industry, number one being get the Renewable Fuel Standard (RFS) back on track. “We hope that they not only get it back on track but get those volumes …
Ethanol Report from NAFB Washington Watch
Members of the National Association of Farm Broadcasting were on Capitol Hill this week for their annual Washington Watch, and the Renewable Fuels Association was once again pleased to participate. RFA president and CEO Bob Dinneen was interviewed by dozens of broadcasters from around the country addressing a number of different topics. In this edition of the Ethanol Report, Sabrina …
RFA CEO Talks RFS with NAFB
Members of the National Association of Farm Broadcasting (NAFB) are on Capitol Hill this week talking with lawmakers, administration officials, and industry organizations about topics important to agriculture, which include the Renewable Fuel Standard (RFS). Renewable Fuels Association (RFA) president and CEO Bob Dinneen had some new information to share with broadcasters about support for the RFS among the general …