EPA's proposed eRIN program raises concerns and sparks legislative action
The following is a summary of commentary made by Chet Thompson, President and CEO, American Fuel & Petrochemical Manufacturers (AFPM) first published in the Washington Times
The Environmental Protection Agency (EPA) is facing criticism over its proposed eRIN program, which could transform the renewable fuel standard (RFS) and provide undue subsidies for electric vehicles (EVs) at the expense of biofuels. The EPA's move has raised concerns among lawmakers and champions of the RFS, as it exceeds the agency's authority and undermines the primary objective of the RFS. While the EPA has not confirmed its plans, legislators have introduced protective legislation to prevent the implementation of the eRIN program, emphasizing the need to uphold the law and maintain a fair balance between EVs and biofuels.
The EPA's proposed eRIN program, which allows EV manufacturers to generate Renewable Identification Numbers through vehicle sales, could potentially hinder the growth of U.S. biofuels such as ethanol and biodiesel. Critics argue that Congress never authorized the EPA to transform the RFS into an EV program. Small refineries would be burdened with additional costs, while gasoline and diesel fuel production expenses would rise, should the eRIN program be implemented. Stakeholders are closely monitoring the EPA's actions, urging lawmakers to protect the integrity of the RFS and ensure a sustainable energy future for the United States.