2018 RFS Volumes Set Back Growth in Cellulosic Biofuels, BIO Says

November 30, 2017

WASHINGTON–(BUSINESS WIRE)–#RFS–Brent Erickson, Executive Vice President of the Biotechnology Innovation
Organization’s (BIO) Industrial & Environmental Section, released the
following statement today on the Renewable Fuel Standard (RFS) 2018
volumes released by the Environmental Protection Agency (EPA):

“We are disappointed that EPA did not significantly raise the advanced
biofuel volumes in line with the industry’s ability to produce them. The
agency is arbitrarily limiting growth for low carbon biofuels in 2018
and into the future by looking backward, rather than forward.

“The cellulosic biofuel industry is positioned for continued growth in
2018. EPA has begun to make progress in approving new cellulosic biofuel
technologies and production facilities, such as those that use corn
kernel fiber as a feedstock. Unfortunately, EPA did not adequately
account for the potential of new technologies as it set the 2018
cellulosic volumes.

“To support investment in the industry and help us bring additional
gallons of advanced and cellulosic biofuels to market in 2018, EPA
should speed up pathway and biorefinery approvals and adjust its
treatment of cellulosic carryover RINs.”

About BIO

BIO is the world's largest trade association representing biotechnology
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biotechnology products. BIO also produces the BIO
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