Source: FARM DOC DAILY, UNIV. OF ILLIONIS, 7/12/17


The U.S. Environmental Protection Agency (EPA) announced the proposed rulemaking for the Renewable Fuels Standard (RFS) for 2018 and the biomass-based diesel volume requirement for 2019 on July 5th. In this article, we analyze the expected outcome of implementing the newly announced mandates. These standards were generally as expected, with exception of the total advanced biofuels mandate which was a bit smaller than anticipated. The focus of the present analysis, then, is on the magnitude of the "push" in production and consumption of biofuels above the E10 blend wall implied by the requirements (mandates) of the RFS and the implications for production and consumption of biomass-based diesel.

For more of this story, click here.