ACE Statement on OMB review of 2014 RFS rule
Posted on 08/22/2014
ACE Executive Vice President Brian Jennings comments on OMB review of 2014 RFS
Sioux Falls, SD (August 22, 2014) – Brian Jennings, Executive Vice President of the American Coalition for Ethanol, (ACE) issued the following statement after the Environmental Protection Agency (EPA) sent over the final 2014 Renewable Fuel Standard Renewable Volume Obligation rule to the Office of Management and Budget (OMB) for review today.
“ACE members are pleased the 2014 RVO is now at OMB for interagency review and we continue to encourage the administration to finalize a rule that allows the RFS to work by incentivizing oil companies to blend above the E10 limit. Anything short of that turns the keys to the RFS over to the oil companies and puts cellulosic biofuel at risk. While all stakeholders have waited a long time for the final rule, and it could take another 30 days or more for interagency review, getting the rule done right is far more important than getting it done quickly.”