On November 30th, the U.S. Environmental Protection Agency (EPA) released the final renewable volume obligations (RVOs) under the Renewable Fuel Standard (RFS) for 2014-2016 (2017 for biodiesel). Prior to this, EPA had not released final RVOs since August 2013, causing significant market uncertainty and stymieing investment. EPA officials state these final 2014-2016 RVOs reflect a strong commitment to growing the U.S. renewable fuel industry, will leverage much needed investment, are in line with statutory requirements and get the RFS back on track.
Is that the case? Will these final RVOs create sufficient market demand for all biofuels and restore confidence among investors? What specific issues does EPA need to address in future RVOs and its implementation of the RFS to ensure robust market demand? At the same time, what are the emerging business models, market-based solutions and innovating financing mechanisms that the biofuel industry can adopt to help accelerate industry growth and restore confidence in the capital markets?
Join leaders from across the biofuel sector as they assess the way forward for the biofuel industry in the face of EPA’s final 2014-2016 RVOs, low oil prices, evolving market conditions and emerging opportunities.
Q & A Submission:
Q & A both on the teleconference and live at the host firm sites, will follow the speakers’ presentations. Please email questions to abaquestions@acore.org.
Call Times:
12:00 pm – 1:30 pm Eastern
11:00 am – 12:30 pm Central
10:00 am – 11:30 am Mountain
9:00 am – 10:30 am Pacific
8:00 am – 9:30 am Alaskan
Teleconference Chairs:
Sarah A.W. Fitts, Debevoise & Plimpton LLP
Roger D. Stark, Stark Energy Consulting LLC
Gene Gurevich, Securing America’s Future Energy
Matthew J. Frank, Murphy Desmond S.C.
Grant Rauscher, Debevoise & Plimpton LLP
Legislative Update:
Todd Foley, Senior Vice President, Strategy, Policy & Government Relations, Chief Strategy Officer, ACORE
Moderator:
Jeramy Shays, Director of Transportation, ACORE
Speakers:
Jacques Beaudry-Losique, Senior Vice President of Corporate and Business Development, Algenol
Jeff Passmore, Chief Executive Officer, Passmore Group
Karl Seck, President and CEO, Mercurius Biofuels
Douglas A. Durante, Executive Director, Clean Fuels Development Coalition
