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Renewable Fuel Standard Program

Cellulosic Waiver Credit Price Calculation for 2020

For any calendar year for which the projected volume of cellulosic biofuel production is less than the applicable volume of cellulosic biofuel set forth in Clean Air Act (CAA) section 211(o)(2)(B)(III), EPA must reduce the required volume of cellulosic biofuel for that year to the projected volume, and must provide obligated parties the opportunity to purchase cellulosic waiver credits. The price of these credits is determined using a formula specified in the CAA.

The below document serves the required notice that the Cellulosic Waiver Credit price for 2020 is $1.80.