RFA CEO Discusses EPA Proposal

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Renewable Fuels Association President and CEO Geoff Cooper held a telephone media call with reporters Thursday shortly after the Environmental Protection Agency (EPA) published its proposed rule to establish required Renewable Fuel Standard (RFS) volumes and percentage standards for 2023, 2024, and 2025, as well as to propose a series of important modifications to strengthen and expand the RFS program.

Cooper says they are pleased with the standard of 15.25 billion gallons of conventional renewable fuel – corn ethanol – for 2024 and 2025, even if it seems like a very modest increase. “There was some conjecture that EPA may flat line or even reduce the conventional volumes, so to see the proposal today with growth, albeit modest, we think is a positive signal,” he said.

Cooper also said they see the EPA proposal as very bullish for E15. “In order to reach the volumes proposed by EPA, it’s really going to stimulate the marketplace to rapidly expand its offerings of E15,” said Cooper, adding that legislation introduced this week in the Senate would help make that happen.

Listen to the call here:
RFA CEO on EPA Proposed RFS Volumes Rule 20:23