The leaders of the Kansas Corn Growers Association welcomed EPA’s announcement setting the renewable volume obligations for renewable fuels through 2027. EPA set the level for ethanol at 15 billion gallons which meets the statutory requirement in the renewable fuel standard. The EPA also proposed reduced credit prices for imported biofuels, but details on the levels of the reductions are not yet known.
President J. D. Hanna says the EPA’s announcement gives certainty of a baseline for ethanol in our nation’s fuel supply, but ethanol can play a stronger role by simply allowing year-round sales of e-15 fuel.
Kansas Corn Growers will continue to work for passage of year-round e-15 and other legislation to build markets for ethanol fuel. They also welcome EPA’s stance on reducing credit prices for imported biofuels stating that while companies can choose to import biofuels from foreign sources, those imported biofuels should not qualify for tax credits financed by the American taxpayer. The renewable volume obligation sets the annual volumes of ethanol and other renewable fuels to be used in the fuel supply to reduce emissions, expand and diversify the fuel supply, improve energy security and lower costs for consumers.
