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Advanced Biofuels Producers Concerned About Lowering RFS

8 months ago From RFA

Several representatives of the cellulosic ethanol and advanced biofuelsindustry comment on potential impacts of the proposal by the Environmental Protection Agency

 

In this Ethanol Report, several representatives of the cellulosic ethanol and advanced biofuelsindustry comment on potential impacts of the proposal by the Environmental Protection Agency to lower 2014 volume requirements under the Renewable Fuel Standard (RFS). The report includes comments from:


Chris Standlee, Executive Vice President, Abengoa Bioenergy U.S. Institutional Affairs
Brian Foody, President and CEO, Iogen Corporation
Delayne Johnson, General Manager, Quad County Corn Processors
Brooke Coleman, Executive Director, Advanced Ethanol Council

Bob Dinneen, Renewable Fuels Association President and CEO

 

Ethanol Report on Impact of Lowering RFS on Advanced Biofuels 5:14

 

The report is voiced by reporter Cindy Zimmerman in the format of a complete program called "The Ethanol Report." Please feel free to use as you wish, edited or in its complete form. If you have any problems downloading the audio files, please contact ZimmComm New Media at 850-780-6617. Links to separate sound bites from the interview can be found below.

--------------

Cellulosic and advanced biofuels producers are very concerned that the EPA proposal to lower 2014 Renewable Fuel Standard (RFS) targets will have a chilling effect on investment in the next generation of renewable fuels.

 

The uncertainty created by the proposal has already caused Abengoa Bioenergy to wait and see what happens before they commit to any further investment, according to Executive Vice President, Institutional Affairs Chris Standlee

Standlee :35

 

Iogen Corporation president and CEO Brian Foody says they would like to expand technology for cellulosic ethanol using sugarcane bagasse in Brazil to the United States as long as the RFS provides the incentive for investment.

Foody :51

 

Delayne Johnson, General Manager of the farmer-owned Quad County Corn Processors ethanol plant which broke ground in July on a bolt-on cellulosic ethanol technology, said that changing the RFS at this point is "going to create uncertainty" for other plants looking at adopting that technology.

Johnson :28

 

Advanced Ethanol Council Executive Director Brooke Coleman says lowering the volume requirements under the RFS creates a shrinking market for biofuels.

Coleman :33

 

The comment period on the EPA proposal for 2014 volume obligations ends January 28, but Renewable Fuels Association president and CEO Bob Dinneen expects it will be some time before a final decision is made and he believes it will be changed to avoid any legal challenge from the industry.

Dinneen 1:05

 

From the Newsroom

QuincyJournal on Twitter

QuincyJournal 21 minutes ago

Iowa company pitches Newcomb development proposal - Hobart Historic Restoration wants to build $3.9 million apartm... http://t.co/D3LhR9gTcY
Bob Gough on Twitter

Bob Gough 43 minutes ago

@DanLucySports God bless, Dan.
Bob Gough on Twitter

Bob Gough 3 hours, 34 minutes ago

@ursadailynews The City is planning to take out insurance to cover that in case it falls through.
Bob Gough on Twitter

Bob Gough 3 hours, 58 minutes ago

@ursadailynews No. Hobart is seeking $1.8 million of equity from the city as an incentive. Money would come from the TIF.