On November 30, 2018, the U.S. Environmental Protection Agency (EPA) issued a final rule for the 2019 Renewable Fuel Standard (RFS) program, with the total U.S. renewable fuel volume requirement set 3% higher than the 2018 mandate, but nearly 30% lower than the statutory volume standards set forth by the Energy Independence and Security Act of 2007 (EISA 2007). Similar to previous years, EPA exercised its cellulosic waiver authority to decrease volume standards for cellulosic biofuels because growth has been slower than Congress had envisioned in EISA, passed more than a decade ago. While RFS implementation in the ... (full story)