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Yesterday, the Institute for Energy Research (IER) submitted a public comment on the Environmental Protection Agency’s (EPA) proposed Renewable Fuel Standard (RFS) Program for 2014. IER commends EPA for proposing to reduce the total renewable fuel mandate for this year, but explains that EPA does not go far enough. Furthermore, EPA has once again proposed […]
The Environmental Protection Agency (EPA) has announced it will “reconsider” last year’s unrealistic cellulosic biofuel mandate in light of the industry’s inability to meet production targets. In a letter to the American Fuel & Petrochemical Manufacturers (AFPM), EPA Administrator Gina McCarthy admitted that expected production at a crucial cellulosic facility did not match reality: We […]
Two more biodiesel companies have been accused of fraud less than two weeks before the Environmental Protection Agency (EPA) will likely soon finalize regulations mandating how much biodiesel must be blended into gasoline this year. According to the Associated Press, the two companies are accused of generating fake ethanol credits, known as Renewable Identification Numbers […]
On the sixth anniversary of the expansion of the Renewable Fuel Standard (RFS) in 2007, the Renewable Fuels Association (RFA) issued a “celebratory” document explaining why they were so thrilled with the mandates on American refiners. The funny thing is, we don’t need to consult outside sources to see what’s wrong with the RFS or […]
The Environmental Protection Agency (EPA) has accused another biofuel company of generating and selling fraudulent Renewable Identification Numbers (RINs), marking the fourth case of RIN fraud since the federal ethanol mandate was passed in 2005. A RIN is a string of numbers used for identification when the ethanol industry produces a gallon of ethanol. Refiners […]
Imagine an alternate universe in which a new diet craze began in 2005, where fitness gurus urged Americans to massively increase their corn intake. The spiking prices led farmers to substitute corn for other crops, and to bring new land under cultivation to meet the exploding demand from consumers. Then an Associated Press investigation reveals […]
In a previous post we discussed the EPA’s proposed reduction to the 2014 biofuel mandate: Because motor vehicle consumption of gasoline has risen more slowly than legislators assumed back in 2007 when the Renewable Fuel Standard (RFS) statute was updated, the originally mandated targets would have required refiners to surpass the “blend wall.” In other […]
The Senate Environment and Public Works (EPW) Committee held a hearing this week on the Renewable Fuel Standard (RFS). The hearing comes on the heels of the Environmental Protection Agency’s (EPA) proposal to reduce the total volume obligation for 2014. Testifying at the hearing, American Fuel & Petrochemical Manufacturers (AFPM) President Charles Drevna explained some of the flaws […]
Have you noticed the price of beef, chicken, and eggs going up in recent years? This is what happens when federal laws require turning food into fuel. The Renewable Fuel Standard (RFS) requires refiners to blend ethanol into the nation’s fuel supply. Because the only domestic source of cost-effective ethanol is corn-based ethanol, this means […]
Last week was unkind to the ethanol lobby. The EPA proposed a reduction in the biofuel mandate, and a scathing AP investigation undermined the environmental case for ethanol support. To gauge just how serious the situation is, we need only look at the weak arguments put forth by the ethanol lobby in rebuttal. First let’s […]