EPA proposes higher biofuel blending volumes
The Environmental Protection Agency today released the proposed Renewable Fuels Standard “Set” rule, which increases the amount of ethanol and biofuels oil refiners must blend into fuel for the next three years. The announcement also includes series of important modifications to strengthen and expand the RFS program.
The agency's long-awaited proposal outlines overall blending mandates of 20.82 billion gallons in 2023, 21.87 billion gallons in 2024, and 22.68 billion gallons in 2025.