November 10, 2017 in Press Releases
Edeniq Advocates Strong 2018 Cellulosic Targets under the Renewable Fuel Standard
Edeniq supported the Fuels America coalition in advocacy meetings in Washington, DC this week
Visalia, Calif. November 10, 2017 – Edeniq, Inc., a leading cellulosic and biorefining technology company, this week joined representatives from other successful cellulosic technology companies for a Washington, DC “flyin.” The group met with key Members of Congress to explain why it is critical that the 2018 cellulosic annual renewable volume obligation (“RVO”) is set at 384 million gallons, as was originally proposed by the U.S. Environmental Protection Agency (“EPA”) and sent to the Office of Management and Budget (“OMB”) in May. The 2018 cellulosic RVO will be included in EPA’s final 2018 federal Renewable Fuel Standard (“RFS”) rule due out later this month.
During a briefing for Capitol Hill staff, Sarah Caswell, Vice President of Government and Regulatory Affairs for Edeniq, said “it is critical that the EPA issue its final 2018 RFS rule with a cellulosic RVO at the level originally proposed to OMB in May, so that the RFS law will continue to work as Congress intended. By setting the 2018 cellulosic RVO at the level which reflects actual expected production for next year, EPA will be sending the allimportant signal to the market that will give cellulosic producers and investors the confidence they count on to maximize growth and production. This progress will help meet the RFS cellulosic statutory volume requirements set by Congress a decade ago.”
Edeniq also joined other advanced and cellulosic biofuel companies in signing a letter to President Trump thanking him for his commitment to biofuels, and stressing the importance of the stability of RFS policy rulemaking, including setting the 2018 cellulosic RVO in line with actual expected production.
About Edeniq, Inc.
Edeniq, Inc. is a leading biotechnology company that develops processes for producing and measuring cellulosic ethanol from corn kernel fiber through its Intellulose technology. Edeniq’s Intellulose requires zero capital investment and is easily integrated into existing ethanol production facilities. Edeniq was established in 2008 and is headquartered in Visalia, Calif. with a field office in Omaha, Neb. More information can be found at www.edeniq.com.