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Alternative Fuels, Renewable Energy, Biofuels, BIodiesel and Facility Updates

Monday, April 26, 2010

EPA Announces RFS2

One Victory at a Time

Have you ever felt completely overwhelmed with a task or life in general? It’s as if you can’t see the light at the end of the tunnel. You can’t generate any momentum. Things are not falling into place. How could you possibly get past the obstacles? Yet, somehow everything seems to work out. With the passing of the Renewable Fuel Standard rule no.2 (RFS2), we feel things may work out.

On February 3, 2010, the Environmental Protection Agency (EPA) announced the final rule in the RFS. The RFS2, effective July 1, 2010, requires oil refineries to use 36 billion gallons of domestically produced biodiesel from 2011 to 2022. The biodiesel must be Bio-mass based and reduce green house emissions by 50 percent.

What about years 2009 to 2010? The final ruling mandates refiners to either blend enough biodiesel into fuel to meet the standard or purchase renewable fuel credits, known as RIN’s, to make up the difference for ’09 and’10. The EPA is also requiring refiners to disclose information on the annual purchase and sale of RIN’s. The National Petrochemical and Refiners Association (NPRA) believes the ruling is unlawful and has filed a petition for review in the U.S. Court of Appeals.

The support of federal policy is fundamental in continuing the alternative energy movement. Biodiesel of Las Vegas welcomes all advancements in the expansion of biofuel even if it is “One Victory at a Time.” Become part of the movement. Show your support at BiodieselofLasVegas.com.

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