Congress wants to put a band-aid on the failed RFS with S.517, the Consumer and Fuel Retailer Choice Act. The bill would waive Clean Air Act Reid Vapor Pressure (RVP) rules for E15 fuel—gasoline blended to contain 15 percent ethanol—allowing it to be sold during the summer months. Check out these 5 reasons why S.517 fails consumers and is another distraction from the already crippled RFS.
Today, the Environmental Protection Agency announced a 1.2 billion gallon increase in the amount of biofuel Americans must consume in their gasoline in 2017 compared to 2016. The final renewable volume obligations (RVOs) released today are higher than the volumes EPA proposed in May of this year by 428 million gallons.
Environmentalists, farmers, conservatives and liberals may not always find common ground, but these unlikely allies do agree on one thing: the Renewable Fuel Standard (RFS) is broken — broken in many ways, for many people. The extent of the problem wasn’t apparent a decade ago, but now we can clearly see the unintended consequences of the RFS.