The Environmental Protection Agency delivered its final rule setting the 2021 and 2022 Renewable Fuel Standard renewable volume obligations to the White House Office of Management and Budget. The rule, delivered on April 29, may also revise the existing RVO for 2020. The OMB review is the final step before the rulemaking is published. In December 2021, the EPA released a proposed rule that included RVOs for 2021 and 2022. The rule also intended to revise the already finalized 2020 RVO, something the U.S. biofuel industry emphatically doesn’t support. Biodiesel Magazine says with the final rule now under OMB review, it looks like the EPA will be able to finalize the RVO rulemaking by June 3. That would keep EPA in compliance with a consent decree related to a legal challenge by Growth Energy which sought an injunction requiring the EPA to promptly issue the RVOs for 2021 and 2022.
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