The Environmental Protection Agency (EPA) on June 21 unveiled its Renewable Fuel Standard, increasing the amount of biofuels that American refiners must blend into the nation’s fuel supplies from 2023 to 2025, but keeping in place lower mandates for homegrown corn-based ethanol.
Under the new fuel standards, biofuel blending volumes are set at 20.94 billion gallons in 2023, 21.54 billion gallons in 2024, and 22.33 billion gallons in 2025, according to the EPA.
