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Family Farmers: Leading the Way with Biofuels

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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Family Farmers: Leading the Way with Biofuels

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  1. FamilyFarmers: LeadingtheWaywithBiofuels

  2. NFU Membership

  3. Renewable Fuel Standard • Created in 2005 • Expanded in 2007 • 36 billion gallons of renewable fuel by 2022 • Energy security • Rural economic development

  4. EPA’s Proposal

  5. 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

  6. 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

  7. 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)

  8. BCAP

  9. Biorefinery Assistance Program Abengoa Bioenergy Cellulosic Plant in Kansas

  10. Continued Development of Biofuels • EPA RFS Decision • E15 • Renewable fuel infrastructure • Blender pumps • FFVs • Rural America

  11. www.nfu.org @NFUDC National Farmers Union

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