A farmer-director with Clean Fuels Alliance America says the EPA’s recent decisions on small refinery exemptions (SREs) could significantly affect biofuel producers’ profitability.
Greg Anderson of Nebraska says he was disappointed in the volume of SREs granted and stressed that the agency must reallocate all exempted gallons back into the fuel supply. “If that doesn’t happen, if EPA doesn’t do that, that is going to affect our liquid fuel volume by 500 million to one billion gallons in the year 26 and 27 in a negative way. It just won’t happen. We’ll be having that much less produced.”
He told Brownfield the impact would ripple through the entire supply chain, reducing demand for key feedstocks. “On the soybean side, up to 40 cents per bushel less than we would have if they don’t do the right thing. This is a major concern.”
Anderson says timely action from EPA is critical, noting that delays only heighten uncertainty for biofuel producers, farmers, and investors. The public comment period closed on October 31, and EPA is now reviewing comments before issuing a final rule.
Adapted from an article originally shared by Brownfield. Image Credit: Flickr – Clean Fuels Alliance America – ZimmComm
Notice: The Michigan Advanced Biofuels Coalition (MiABC) does not lobby or influence policy in any way. The policy interests of Michigan soybean farmers and biodiesel producers are supported by the Michigan Soybean Association and Clean Fuels Alliance America, respectively. This post is shared for educational purposes only.