Washington, D.C. – The Environmental Protection Agency (EPA) has announced that it will increase the 2009 renewable fuel standards (RFS) for 2009 to 10.21 per cent, up from the 7.76 per cent standard in 2008.
The new standard will ensure that at least 11.1 billion gallons of renewable fuels will be blended into transportation gasoline. In 2008, the standard guaranteed roughly 9 billion gallons.
The Energy Independence and Security Act of 2007 established the annual overall renewable fuel volume targets, which will reach a level of 36 billion gallons in 2022. To achieve this, the EPA calculates a percentage-based standard by November 30 each year for the following year. Based on the standard, each refiner, importer, and non-oxygenate blender of gasoline determines the minimum volume of renewable fuel that it must ensure is used in motor vehicle fuel.