Renewable fuels proponents continue to make their case about the negative impact of EPA’s proposal to lower the mandated volumes of biofuels in the Renewable Fuels Standard. The cellulosic industry could suffer the most harm because it’s still in the infancy stage. That’s according to Christopher Standlee with Abengoa Bioenergy. He says they are dependent on the RFS to provide market guarantees.
Standlee says second generation biofuels are also tied to the success of first generation corn ethanol.
He says they need the RFS targets to compete because OPEC controls the access to the broader fuels market.