The corn lobby has falsely claimed recently that waivers granted by the EPA to small refiners—relieving them from the onerous costs of complying with the Renewable Fuel Standard (RFS)—have destroyed demand for ethanol. Nothing could be further from the truth.
AFPM has joined five other associations to call on the Governors of eight states to reject a recent plea from the Auto Alliance – the leading advocacy group for automakers – to increase subsidies and other incentives for electric vehicles (EVs) and zero-emission vehicles (ZEVs), further distorting a market that has failed to materialize despite already receiving generous handouts.
The biofuel lobby has made a number of claims to muddy the waters around the Renewable Fuel Standard (RFS) and halt progress on better aligning vehicle and transportation fuel policies.
Alongside the publication of AFPM’s new study, “The Fuel & Petrochemical Supply Chains: Moving the Fuels & Products That Power Progress,” Flash Point interviewed leaders working on U.S. midstream infrastructure issues.
Much of the focus within the Renewable Fuel Standard is on corn ethanol and the 15-billion-gallon conventional biofuel mandate. But less critically examined in this policy administered by the Environmental Protection Agency is the mandate for advanced biofuels, including biodiesel.
Since the Renewable Fuel Standard (RFS) was enacted, the Environmental Protection Agency (EPA) has had the difficult responsibility of implementing a broken and unworkable biofuel blending program.
*The op-ed below originally appeared in the Houston Chronicle on Monday, February 19, 2018 President Trump clinched a historic victory with tax reform. Now he needs to avoid making a historic mistake...
The latest job numbers out today (Friday, September 7th) once again paint a rosy picture of the U.S. economy – 201,000 jobs were added in August, above expectations, and wages continued to increase.
There is a fundamental flaw in the system designed to ensure compliance with the Renewable Fuel Standard (RFS): The assumption that refiners would not blend ethanol into their fuel were it not for the policy and its threat of crippling costs being imposed on obligated parties who do not blend.