IRFA Commends EPA for Denying Point of Obligation Change
November 22, 2017
Contact: Cassidy Walter
JOHNSTON, IOWA – Today the EPA officially denied petitions to move the point of obligation for the Renewable Fuel Standard (RFS).
In response to this announcement, Iowa Renewable Fuels Association Executive Director Monte Shaw made the following statement:
“We commend the EPA for maintaining the stability of the RFS by officially rejecting any change to the point of obligation. The RFS is working and obligated parties have had 10 years to acclimate their business models to the program. Changing the RFS point of obligation would have only served to reward those who haven’t lifted a finger to help the implementation of the RFS and to punish those who have worked hard to make it the most successful energy policy in U.S. history.”
The Iowa Renewable Fuels Association represents the state’s liquid renewable fuels industry and works to foster its growth. Iowa is the nation’s leader in renewable fuels production with 43 ethanol refineries capable of producing 4 billion gallons annually – including nearly 55 million gallons of annual cellulosic ethanol production capacity – and 12 biodiesel facilities with the capacity to produce over 350 million gallons annually. For more information, visit the Iowa Renewable Fuels Association website at: www.IowaRFA.org.