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On November 30, 2018, the U.S. Environmental Protection Agency (EPA) announced the final renewable fuels volumes under the Renewable Fuel Standard (RFS) for 2019 and the biomass-based diesel volumes for 2020. The final rule establishes that the 15-billion gallon targets originally set by Congress for 2019 will be maintained and primarily met by corn ethanol. Additionally, in 2019, advanced biofuel volumes will increase by 630 million gallons and cellulosic biofuel volumes by 130 million gallons over the 2018 standard. The biomass-based diesel volumes for 2020 will increase by 330 million gallons over the 2019 standard of 2.1 billion gallons.
