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Ag News
RFS information inadequate
Published Wednesday, December 23, 2009 at 02:36 PM
EPA has signaled that the 2010 RVOs will be specified in the final rule and that the obligations will be retroactive to January 1, 2010. However, to avoid disruptions in the ethanol blending market, RFA points out, obligated parties would benefit from knowing now what the RVOs will be for the coming year.
Renewable Fuels Association President Bob Dinneen says – in order to provide clarity to the market, we are encouraging EPA to issue these percent volume requirements prior to January 1, 2010, so both gasoline refiners and ethanol producers can operate with certainty. According to EPA public statements, the RFS is likely to be approved in the mid-January timeframe. It takes an additional 60 days for the approved rule to take effect.
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