The Renewable Gasoline Normal (RFS) stays considered one of America’s most profitable clear power insurance policies.
For nearly 20 years, the RFS has grown a brand new American business that helps lots of of 1000’s of American jobs, improves the agricultural financial system, and will increase the demand for farm commodities, helps cut back carbon emissions, and supplies extra reasonably priced choices on the pump, and delivers higher power and nationwide safety.
In 2023, the U.S. Environmental Safety Company (EPA) set renewable quantity obligations (RVOs) for the primary time with out counting on statutory volumes set by Congress. As an alternative, EPA was required to set the requirements by contemplating six statutory components that embody prices, local weather change, air high quality, power safety, and infrastructure, amongst others. The “Set” rule that EPA finalized for the 2023-2025 RVOs maintained the 15 billion gallon implied standard RVO that EPA had lengthy established in earlier years, offered a modest enhance in non-cellulosic superior and biomass-based diesel (BBD) RVOs, and didn’t mission any SREs for the interval.
The submit Accelerating Development: The RFS in 2026 and Past appeared first on Development Power.
