EPA is facing a 14 June deadline to finish the 2023-2025 required volume obligations (RVOs) under the Renewable Fuel Standard (RFS). The date was set by consent decree with the courts. Recall, the proposed RVOs released in November 2022 included electric vehicles (EVs) as part of the overall volume obligations – it appears, however, that EPA is reconsidering the inclusion of EVs in the final rule. Under the proposed rule, EV’s would be able to generate RINs – known as e-RINs – to qualify as advanced biofuel and nested within the cellulosic biofuel. By nesting e-RINs in the cellulosic category it drives that category to triple in volume from 2023 to 2025. But the e-RINS could crowd out other qualifying advanced biofu...