EPA proposes 2013 biofuels quota, RIN verification program – Oil & Gas Journal

See on Scoop.itGreen Energy Technologies & Development

The US Environmental Protection Agency proposed 2013 biofuels quotas representing a more than 1.35 billion gal increase from what it mandated for 2012. Officials from two leading petroleum trade associations immediately called the 16.55 billion gal total representing 9.63% of total projected US motor fuel production unrealistic and unreasonable.

Duane Tilden‘s insight:

“We are disturbed that EPA is mandating 14 million gallons of cellulosic ethanol when zero gallons are available for compliance as of today,” AFPM President Charles T. Drevna said on Jan. 31. […]

“[…] This stealth tax on gasoline might be the most egregious example of bad public policy, and consumers could be left to pay the price. EPA needs a serious reality check.”

“[…] it is shocking that the Agency would mandate such high biodiesel volumes this year since 140 million biodiesel credits turned out to be fraudulent,” […] it is unrealistic to assume the biodiesel industry will actually produce 1.28 billion gal of real biodiesel this year.”

See on www.ogj.com

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