21-11-2012
AFPM files petition for reconsideration on 2013 biomass diesel volumes
The American Fuel & Petrochemical Manufacturers today filed a petition for reconsideration of the Environmental Protection Agency’s final rule Regulation of Fuels and Fuel Additives: 2013 Biomass-Based Diesel Renewable Fuel Volume. The rule increased the volume of biomass-based diesel from 1.0 billion to 1.28 billion gallons.
In the petition AFPM strongly urges that EPA reconsider its decision to increase the biomass-based diesel volumes by 28 percent in 2013. Since the EPA initially issued the rule, a number of factors have surfaced that could result in unintended consequences that will adversely impact both the domestic refining industry and U.S. consumers, as well.
“EPA’s own data estimates that the cost of increasing the biomass-based diesel mandate will add between $253 million and $381 million to consumers’ transportation fuel bill in 2013,” said AFPM President Charles T. Drevna. “The U.S. economy is still struggling and this increase will hurt the millions who rely on transportation fuels.”
Contrary to EPA’s research, evidence is strong that an increase in the 2013 volume will not affect domestic energy security as the U.S. currently is a net exporter of diesel. In the category of unintended consequences, EPA’s decision will curtail investment in advanced biofuels that compete with biodiesel and will increase carbon emissions in 2013 under the RFS. The increase could also negatively impact the price and supply of agricultural commodities, since additional biodiesel feedstocks, such as soybean oil, will be required under the rule.
Drevna continued, “Before increasing the 2013 volume, EPA must resolve the pervasive problem that exists in the biodiesel market of Renewable Identification Number (RIN) fraud. To date, over 140 million fraudulent RINs have been sold to unsuspecting refiners concerned with meeting their RFS obligations. That number and the costs associated with the fraud will grow as investigations of additional biodiesel producers continue today.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024