The proposed levels for 2020 biofuels and 2021 biodiesel under the Renewable Fuel Standard (RFS) were published in the Federal Register today.
The action proposes some reforms to the Renewable Identification Number (RIN) market, though the changes do not go as far as some had expected. The proposed rule also contains EPA’s response to a court order directing it to reassess its RFS levels for 2016. Comments on the proposed rule are due August 30.
The action reflects EPA’s apparent reset of the RFS for 2020 biofuel and 2021 biodiesel, though the rule that covers the full period of 2020-2022 has yet to be sent back to EPA from the Office of Management and Budget (OMB), with meetings on the RFS reset taking place last week.
EPA still signals the 2020 RFS levels will be finalized by the statutory November 30 deadline. The RFS reset plan, however, is listed as being targeted to be finalized in February 2020.