On Friday, November 19th, the U.S EPA formally issued its 2014 volumes and requirements in its Renewable Fuel Standard (RFS) Notice of Proposed Rulemaking. Of major concern is that the proposal keeps biomass-based diesel at its 2013 level of 1.28 billion gallons. This unacceptably low volume is an effective cut, given our industry's expected production this year of at least 1.7 billion gallons and would strike a huge blow to our industry and the investment that supports it. • Jobs lost -- 77000 • Decrease in energy security -- $61.4 million • OMB Social Cost of Carbon -- $136 million (carbon cost benefit) • GHG reduction -- 8 billion pounds • Household income/wages -- $333,000,000 • Economic impact -- $ 4.550,000,000 • Consumer price of diesel fuel -- Up
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