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Family Farmers: Leading the Way with Biofuels. NFU Membership.

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Presentation on theme: "Family Farmers: Leading the Way with Biofuels. NFU Membership."— Presentation transcript:

1 Family Farmers: Leading the Way with Biofuels

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 Proposed 2014 RFS Target 1.Hurts rural economies 2.Devastates the advanced biofuels industry 3.Embraces fictitious “blend wall” 4.Contradicts President Obama’s climate initiative $8 $6 $4 $2 0 2009 20102011 2012 2013 Corn Monthly Avg. Price 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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