US: Renewable Fuel proposal 2015 to be issued June 1

The Environmental Protection Agency (EPA), the American Petroleum Institute, and the American Fuel & Petrochemical Manufacturers organization announced in mid April an agreement under which the EPA will issue the proposed 2015 Renewable Fuel Standard renewable volume obligations by June 1.

The Renewable Fuel Association said the targets should have been set sooner

“No one has benefited from the delays in setting annual renewable volume obligations; and while we are sympathetic to the difficulty EPA faces in promulgating annual targets, the statute is clear about the volumes required and the Agency simply has to do a better job moving forward. This consent agreement is a good start,” said Bob Dinneen, president and CEO of the Renewable Fuels Association.

The association groups producers of ethanol in the US where it is obtained from corn mainly in the central-northern states.