RFS Supporters Highlight Its Success
Chris Bliley - Growth Energy Director of Regulatory Affairs - highlighted the resounding success of the Renewable Fuel Standard during a public hearing on the Environmental Protection Agency's proposed rule to reduce 2014 renewable volume obligations. He also outlined why the proposal would eviscerate the RFS - causing severe harm to farmers, the biofuels industry and the nation's economy. According to Bliley - the RFS is doing exactly what it was designed to do - creating jobs, revitalizing rural America, injecting much-needed competition into the vehicle fuels market, lowering prices as the pump, improving the environment and making the nation more energy independent. Bliley added that the proposed volume cuts fundamentally ignore Congressional intent of the RFS. He said the program was designed to spur investment in renewable fuels - not punish those who have invested while rewarding those who have impeded development. Bliley said the proposal would also jeopardize the tremendous success the nation's farmers have seen as a result of the certainty of the RFS with net farm income increasing by 51-percent and federal farm payments decreasing 57-percent. He said now is not the time to retreat from the goals of the RFS. Bliley said the EPA should move the RFS forward - not backward.
Since the inception of the RFS - Bliley noted the ethanol industry has produced ample biofuel to meet the statutory obligations of the RFS. He said the industry has ample capacity to do it again in 2014 - stating that the statutory volumes could easily be met if the oil industry would simply comply with the original intent of the RFS and allow higher ethanol blends like E15 to be competitively sold to consumers.
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