RFS ethanol comment period extended
In addition to the 2012 Farm Bill, another thing that will wait until after the November elections is any consideration of a waiver on ethanol requirements under the Renewable Fuel Standard (RFS). The U.S. Environmental Protection Agency (EPA) extended a comment period – until Oct. 11 – on petitions seeking the volume waiver. Two state governors filed official petitions, and food and livestock organizations sent letters requesting the waiver.
Due to expectations the U.S. corn crop will be sharply diminished by the drought, the groups said the mandate – requiring 13.2 billion gallons of corn-based ethanol to be blended with gasoline this year, rising to 13.8 billion gallons next year – would lead to an insufficient supply of corn available for food and livestock feed, at higher prices.
If a waiver is granted, it can last no longer than one year, but may be renewed. Visit www.epa.gov/oms/fuels/renewablefuels/notices.htm.