The US Environmental Protection Agency’s (EPA’s) latest proposal for biodiesel production in the coming years reflects growing confidence that the US biodiesel industry will meet or exceed its volume targets.
The EPA last month unveiled its Renewable Fuels Standard (RFS2) proposal detailing the volume of renewable fuels to be used in the US.
It calls for 1 billion gallons of biomass-based diesel production in 2012 and 1.28 billion gallons in 2013. That represents a modest increase from this year’s target of 800 million gallons, which the industry is well on its way toward meeting. After a difficult 2010, US companies have ramped up activity in recent months. Overall, US output has been averaging about 75 million gallons per month recently, with a record of 82 million gallons in May.