Notice of Proposed Rule making on the Renewable Fuel Standard
The President also announced the Environmental Protection Agency’s Notice of Proposed Rulemaking on the Renewable Fuel Standard. This proposal outlines the EPA’s strategy for increasing the supply of renewable fuels, poised to reach 36 billion gallons by 2022, as mandated by the Energy Independence and Security Act of 2007
Increasing renewable fuels will reduce dependence of foreign oil by more than 297 million barrels a year and reduce greenhouse gas emissions by an average of 160 million tons a year when fully phased in by 2022. EISA will establish four categories of renewable fuels.. The new categories include:
• Cellulosic biofuels;
• Biomass-based diesel;
• Advanced biofuels; and
• Total renewable fuel.