Thursday, December 29, 2011

EPA Finalizes 2012 Renewable Fuel Standards


EPA has finalized the 2012 percentage standards for four fuel categories that are part of the agency’s Renewable Fuel Standard program (RFS2), established by the Energy Independence and Security Act of 2007 to strengthen U.S. energy security and decrease greenhouse gas pollution.

To achieve annual renewable fuel volume targets, which increase steadily to an overall level of 36 billion gallons in 2022, EPA calculates a percentage-based standard for the following year. Based on the standard, each refiner and importer determines the minimum volume of renewable fuel that it must ensure is used in its transportation fuel.

The final 2012 overall volumes and standards are:
  • Biomass-based diesel (1.0 billion gallons; 0.91%)
  • Advanced biofuels (2.0 billion gallons; 1.21%)
  • Cellulosic biofuels (8.65 million gallons; 0.006%)
  • Total renewable fuels (15.2 billion gallons; 9.23%)