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Advanced Biofuels and the RFS2 EBI Biofuels Law & Regulation Conference April 25 , 2012. Michael J. McAdams President 2099 Pennsylvania Avenue, NW • Suite 100 • Washington, DC 20006 T 202.469.5138 | F 202.955.5564 www.advancedbiofuelsassociation.com. Who We Are. What We Advocate.
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Advanced Biofuels and the RFS2 EBI Biofuels Law & Regulation Conference April 25, 2012 Michael J. McAdams President 2099 Pennsylvania Avenue, NW • Suite 100 • Washington, DC 20006 T 202.469.5138 | F 202.955.5564 www.advancedbiofuelsassociation.com
What We Advocate • Technology Neutrality • Feedstock Sustainability • Subsidy Parity
Cellulosic 16 BG Renewable Fuel Standard RFS2 Total: 36 BG Conventional 15 BG Advanced 21 BG Biomass Diesel 1 BG BG = Billion Gallons
Bringing Barrels to the Market • Dynamic Fuels • KiOR • Chemtex • Gevo • Triton Energy • Greenworks Holdings • And others in the biomass-based diesel pool
Major Events in Advanced Biofuels • Air Force flies and certifies much of its fleet on renewable jet • Thunderbirds fly on UOP fuels at the Andrews Air Show • First cross-country commercial flights on a renewable jet blend by Dynamic Fuels and Solazyme • 1 million gal/week production at Dynamic Fuels facility • 6 advanced biofuels companies go public with success (Amyris, Gevo, Codexis, Solazyme, KiOR, Ceres)
External Challenges to the RFS2 • Natural gas industry • Refining industry • Environmental community • Livestock community
The Biofuels Industry is Working to Find Common Ground • Coalition letter in support of the RFS • Joint group intervening in RFS waiver suit brought by AFPM and API
Efforts with the EPA • Better work with EPA on the gallons coming to market: cellulosic, biomass based diesel • Better define heating oil and opportunities for use • Remove barriers to entry for new molecules (e.g. isobutanol and ethanol) • Assuring the quality and integrity of RINs
Let’s Work Together WWW.ADVANCEDBIOFUELSASSOCIATION.COM