The EPA just released its proposal for the 2019 Renewable Volume Obligations under the Renewable Fuel Standard (RFS). In a huge misstep, the agency has announced an increase in some of the mandates’ biggest flaws, the cellulosic and advanced biofuel requirements for 2019, and an increased target for 2020 biodiesel levels.
The EPA’s RVO proposal would require that 19.88 billion gallons of biofuels be blended into our gasoline supply – flooding our fuel supply with even more ethanol and potentially crowding out the amount of ethanol-free fuel that many consumers need and prefer.
Another big hit for consumers: the proposed biodiesel target calls for a 330 million-gallon increase in volumes by 2020. Unfortunately for taxpayers, that means higher costs. According to NPR, biodiesel already costs consumers an average of $5.4 BILLION a year. With the EPA’s new proposal, the financial burden on consumers could get worse.
While this law was passed with good intentions, the RFS has failed to deliver on its promises and has only served to hurt taxpayers across the country. While the EPA seems to be on the side of King Corn, Congress has the power to overhaul this broken mandate entirely.
A bigger RFS mandate represents a bigger consumer burden—which all Americans share. Our coalition members have something to say about it: