As environmentalists, Tea-Partiers and other stakeholders urge Congress to let the ethanol tax credit of 45 cents per gallon expire, the U.S. Environmental Protection Agency today finalized the 2011 percentage standards for the four categories of fuel under the agency’s renewable fuel standard program, known as RFS2.
The Energy Independence and Security Act amended the Clean Air Act to increase the total required volume of renewable fuels annually, towards reaching a level of 36 billion gallons in 2022. To achieve these volumes, EPA calculates percentage-based standards by the end of November for the following year. Based on the standards, producers and importers of gasoline and diesel determine the minimum volume of renewable fuel that it must ensure is used in its transportation fuel.
While the overall percentage for 2011 is lower than the 2010 standard, next year's total volume is larger than this year’s mandate of 12.95 billion gallons.
The final 2011 overall volume and standards are as follows:
Cellulosic biofuel - 6.6 million gallons; 0.003 percent
Biomass-based diesel - 800 million gallons; 0.69 percent
Advanced biofuel - 1.35 billion gallons; 0.78 percent
Renewable fuel - 13.95 billion gallons; 8.01 percent
For more information on this proposal, visit the EPA's RFS website