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BREAKING NEWS from The Petroleum Marketers Association of America


 

EPA EXCLUDES PALM OIL FROM RFS

MONDAY, January 30, 2012  - Last week, the U.S. EPA omitted palm oil from the renewable fuel standard (RFS) citing its findings that palm oil did not meet the minimum 20 percent lifecycle CO2 reduction threshold needed to qualify as renewable fuel under the RFS program. Palm oil is used to produce biodiesel and renewable diesel and most notably comes from Malaysia and Indonesia. EPA found that the lifecycle CO2 emissions reductions for biodiesel produced from palm oil had a 17 percent CO2 reduction and renewable diesel had an 11 percent reduction compared to the baseline petroleum diesel fuel they replace. The agency’s findings were based on a study in conjunction with Iowa State University.    


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