AGP Supports the Renewable Fuel Standard (RFS)

Urges EPA to Increase Proposed RFS Volume to Keep Pace with Industry Growth

(June 9 – Kansas City, MO) Today, Steve Nogel, Vice President, Renewable Fuels, testified at an Environmental Protection Agency (EPA) hearing on the Renewable Fuel Standard (RFS) in favor of the federal law promoting the use of biofuels. 

“The RFS is the country’s most successful climate and energy policy,” said Nogel. He commended the EPA for its proposed rule but urged consideration of more aggressive targets. In particular, Nogel testified that EPA should strongly consider increasing RFS levels above the 2.1 million gallons proposed moving forward in 2017.

“Domestic biodiesel producers are poised to increase production above 2.5 billion gallons and continue to expand and grow with the right policy signals,” said Nogel. “We urge you to do all you can to continue to appropriately grow this vital industry in a responsible manner.” 

AGP is a strong supporter of the RFS and believes it has had an enormously positive impact on agriculture, local grain cooperatives, and producers. Not only has the RFS improved the profitability for farmers and the agriculture sector, it has provided AGP the opportunity to invest directly in this value-added agriculture business of biodiesel production. Currently, the Company supplies soybean oil as a feedstock for the industry. In addition, AGP operates three biodiesel production facilities with a combined capacity of over 150 million gallons of biodiesel annually with an additional 30 million gallon expansion set for the spring of 2017.

Grant Kimberley (left), Executive Director, Iowa Biodiesel Board and Steve Nogel, Vice President, Renewable Fuels, testified at the Environmental Protection Agency (EPA) hearing in Kansas City, MO on June 9. Both urged the EPA to increase the proposed Renewable Fuel Standard (RFS) volume to keep pace with industry growth.