Loebsack Statement on the EPA’s Final RFS Obligations for 2018
Congressman Dave Loebsack released the following statement today after the Environmental Protection Agency (EPA) announced the final 2018 volume obligations for the Renewable Fuels Standard (RFS). In today’s final announcement, the EPA kept stagnant the amount of biodiesel and conventional biofuels, like ethanol, required to be blended and chose to cut the amount of cellulosic biofuels required to be used next year.
“I am pleased that the amount of conventional ethanol required to be blended was kept at congressionally mandated levels in order to provide certainty and stability for the industry. At the same time, it is unfortunate that the final numbers did not increase the amount of biodiesel required to be used. Under the RFS, there is plenty of room for our famers to be able to meet increased blending requirements, but today’s announcement does nothing to expand investments and growth in the advanced biofuels industry. Instead of acting to boost farmers and rural communities, the EPA has sat on its laurels when they could have been more aggressive and helped promote further growth.
“Folks in Iowa know that the RFS is working. It cuts down on our dependence of foreign oil, creates jobs, is better for our environment, and lowers the price of gasoline at the pump. As co-chair of the House Biofuels Caucus, I will continue to fight for a strong RFS.”