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FARM BUREAU WELCOMES EPA'S ANNOUNCEMENT ON RENEWABLE VOLUME OBLIGATIONS
Jun. 6, 2022
AFBF Welcomes EPA Announcement on Renewable Volume Obligations.
WASHINGTON - American Farm Bureau Federation President Zippy Duvall commented today on the Environmental Protection Agency's announcement regarding the Renewable Fuel Standard.
"Today's EPA announcement is welcome news for farmers and ranchers as well as America's families who are dealing with record-high fuel prices. AFBF appreciates that the Biden administration has upheld the promise to honor the critical role that renewable fuels play in supporting the rural economy.
"The use of homegrown renewable fuels provides an affordable option at the pump, while reducing greenhouse gas emissions the equivalent of taking 18 million cars off the road per year. With wholesale prices for ethanol currently lower than gasoline in many regions of the country, increased blending should lead to lower prices at the pump. Homegrown ethanol and biodiesel are especially important as we face global uncertainties.
"We remain committed to working with the EPA on blending requirements and supporting our partners up and down the supply chain as they work to enhance U.S. energy independence while continuing to ensure a reliable and affordable food supply."
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