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Family Farmers: Leading the Way with Biofuels

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Family Farmers: Leading the Way with Biofuels. NFU Membership. Renewable Fuel Standard. Created in 2005 Expanded in 2007 36 billion gallons of renewable fuel by 2022 Energy security Rural economic development. EPA’s Proposal. Renewable Fuel Standard. State of play

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Presentation Transcript
slide1

FamilyFarmers:

LeadingtheWaywithBiofuels

slide3

Renewable Fuel Standard

  • Created in 2005
  • Expanded in 2007
  • 36 billion gallons of renewable fuel by 2022
  • Energy security
  • Rural economic development
slide5

Renewable Fuel Standard

  • State of play
    • Environmental Protection Agency (EPA) proposal to reduce 2014 targets by 16%
    • Comment period closed Jan. 28. Twenty-four Farmers Union states submitted comments. Most in history
    • Protecting the RFS will be one of NFU’s major priorities for 2014
proposed 2014 rfs target

Corn Monthly Avg. Price

Proposed 2014 RFS Target

$8

$6

$4

Hurts rural economies

Devastates the advanced biofuels industry

Embraces fictitious “blend wall”

Contradicts President Obama’s climate initiative

$2

0

2012

2010

2011

2013

2009

National monthly average prices through Nov. 2013

slide7

Farm Bill Energy Programs

  • Provides $900 million in mandatory funding for programs like:
    • Biomass Crop Assistance Program (BCAP)
    • Rural Energy for America Program (REAP)
    • Biorefinery Assistance Program

(in millions)

slide9

Biorefinery Assistance Program

Abengoa Bioenergy Cellulosic Plant in Kansas

slide10

Continued Development of Biofuels

  • EPA RFS Decision
  • E15
  • Renewable fuel infrastructure
    • Blender pumps
    • FFVs
  • Rural America
slide11

www.nfu.org

@NFUDC

National Farmers Union

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