The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.
The U.S. is home to the most efficient and sustainable refining sector in the world, bolstering American energy security, supporting millions of well-paying jobs, and reliably providing the fuels the world needs to run. U.S. refiners have made major investments to continuously reduce the emissions of products and operations.
The Renewable Fuel Standard (RFS) today adds an extra 22-cents to the cost of manufacturing a gallon of gasoline and an additional burden to consumers at the pump due to high ethanol costs.
Statement from Chet Thompson: A plain reading of the RFS makes clear that Congress intended for the small refinery hardship program to be a lasting safety net. There is no “use it or lose it” provision.
The Supreme Court is set to review RFS small refinery relief—what’s required to qualify and whether any small refinery can be forever disqualified.
Reducing emissions from the transportation sector is a focal point o many strategies to address climate change.iAnd within transportation, heavy freight poses a specific challenge.
AFPM recently submitted comments to EPA in support of the Renewable Fuel Standard (RFS) general waiver petitions submitted by the governors of Louisiana, Texas, Oklahoma, Utah, Wyoming, and Pennsylvania.