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The National Farmers Union (NFU) is a staunch advocate for biofuels and the Renewable Fuel Standard (RFS), established in 2005 and expanded in 2007. By 2022, the U.S. hopes to produce 36 billion gallons of renewable fuel, promoting energy security and rural economic development. The EPA's recent proposal aimed to reduce 2014 targets by 16%, inciting significant backlash from twenty-four Farmers Union states, marking a historic show of unity. Protecting the RFS remains a cornerstone of NFU's agenda, vital for sustaining rural livelihoods and advancing biofuel industries.
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FamilyFarmers: LeadingtheWaywithBiofuels
Renewable Fuel Standard • Created in 2005 • Expanded in 2007 • 36 billion gallons of renewable fuel by 2022 • Energy security • Rural economic development
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
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
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)
Biorefinery Assistance Program Abengoa Bioenergy Cellulosic Plant in Kansas
Continued Development of Biofuels • EPA RFS Decision • E15 • Renewable fuel infrastructure • Blender pumps • FFVs • Rural America
www.nfu.org @NFUDC National Farmers Union