American Petroleum Institute sues EPA over biodiesel
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American Petroleum Institute sues EPA over biodiesel
Filed under: Biodiesel, Legislation and Policy, USA
In alphabet soup terminology, the API's mad at the EPA, and the RFA thinks it's a bunch of BS.
Let us explain. The American Petroleum Institute, in response to the Environmental Protection Agency's ratcheting up US biodiesel production mandates, has sued the EPA, calling the regulator's new rules "overzealous" and "unworkable." The EPA is mandating the production of 1.28 billion gallons of biodiesel next year, up from 1 billion this year.
The API, which filed its lawsuit in the US Court of Appeals for Washington DC, added that the new mandate will create costs that are $425 million more than the benefits. The API also brought up three biodiesel companies that the EPA busted for submitting invalid renewable fuel credits.
The EPA in September approved the 28-percent increase in mandated production of biodiesel, which represents biofuels made from biomass sources such as vegetable oils and waste oils from renewable sources. The EPA had boosted the mandate this year by 25 percent to 1 billion gallons.
Meanwhile, the Renewable Fuels Association, an advocacy group for biofuels, says the lawsuit is a smokescreen for concerns over a potential drop in demand for petroleum. The RFA, in a statement Tuesday, called the lawsuit a "dog bites man" scenario. Read the API's press release below.Continue reading American Petroleum Institute sues EPA over biodiesel
American Petroleum Institute sues EPA over biodiesel originally appeared on AutoblogGreen on Fri, 30 Nov 2012 07:59:00 EST. Please see our terms for use of feeds.
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In alphabet soup terminology, the API's mad at the EPA, and the RFA thinks it's a bunch of BS.
Let us explain. The American Petroleum Institute, in response to the Environmental Protection Agency's ratcheting up US biodiesel production mandates, has sued the EPA, calling the regulator's new rules "overzealous" and "unworkable." The EPA is mandating the production of 1.28 billion gallons of biodiesel next year, up from 1 billion this year.
The API, which filed its lawsuit in the US Court of Appeals for Washington DC, added that the new mandate will create costs that are $425 million more than the benefits. The API also brought up three biodiesel companies that the EPA busted for submitting invalid renewable fuel credits.
The EPA in September approved the 28-percent increase in mandated production of biodiesel, which represents biofuels made from biomass sources such as vegetable oils and waste oils from renewable sources. The EPA had boosted the mandate this year by 25 percent to 1 billion gallons.
Meanwhile, the Renewable Fuels Association, an advocacy group for biofuels, says the lawsuit is a smokescreen for concerns over a potential drop in demand for petroleum. The RFA, in a statement Tuesday, called the lawsuit a "dog bites man" scenario. Read the API's press release below.Continue reading American Petroleum Institute sues EPA over biodiesel
American Petroleum Institute sues EPA over biodiesel originally appeared on AutoblogGreen on Fri, 30 Nov 2012 07:59:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
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