Renewable Energy CEO says 'pleased' with final EPA renewable fuel volumes
Renewable Energy Group CEO Randy Howard issued the following statement regarding the Environmental Protection Agency's release of the final Renewable Volume Obligations for 2019 Advanced Biofuel and 2020 Biomass-Based Diesel. "We are very pleased to see growth for the Advanced Biofuel and Biomass-Based Diesel categories. It is clear that the industry can deliver higher volumes of cleaner burning fuels that consumers want to the market. We appreciate that Acting Administrator Wheeler has listened to our position and that this final RVO rule reflects that. We look forward to continuing to work with the President and his Administration to show how continued growth of renewable fuels benefits rural America, American agriculture and energy security, and the environment." The final RVO rule will increase the minimum advanced biofuel volume for 2019 to 4.92B ethanol equivalent gallons, up from 4.29B gallons for this year, and 2.43B gallons of biomass-based diesel in 2020, up from 2.1B gallons for 2019.