Statement from REG President & CEO Daniel J. Oh on EPA’s Proposed 2014 Renewable Volume Obligations

  Statement from REG President & CEO Daniel J. Oh on EPA’s Proposed 2014
  Renewable Volume Obligations

Business Wire

AMES, Iowa -- November 15, 2013

“We are disappointed by the proposed numbers that are not consistent with the
goals of the EPA, the White House, nor Congress when it created RFS2.
Nevertheless, REG’s lower cost multi-feedstock business model, network of
biorefineries and terminals, and strong position within the industry should
allow us to continue to succeed as the markets inevitably adjust to reach a
new equilibrium. The proposed numbers do not reflect the positive results the
biodiesel industry has provided in terms of record production levels of
advanced biofuels, job creation, rural economic development, energy and food
security, and environmental benefits. We will continue to advocate with our
industry partners for logical increases in the biomass-based diesel and
overall advanced biofuel RVOs through the public comment period. Without such
increases in the RVO our Nation will be deprived of present and obvious
benefits.”

Contact:

Renewable Energy Group
Anthony Hulen, +1 703-822-1972
Executive Director, Corporate Affairs
anthony.hulen@regi.com
 
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