Those who tout the Renewable Fuel Standard (RFS) as a “green” policy are onto something. The RFS is definitely green — unfortunately, it’s the kind of green that creates algal blooms that harm ecosystems and marine life.
All eyes were on Iowa this weekend for the Iowa Agriculture Summit, with speculation flying around whether presidential hopefuls would bow to the pressure of Big Ethanol.
Despite overwhelming evidence that the ethanol mandate is a failed policy, in 2014 the ethanol lobby continued to prove they are divorced from reality by declaring the Renewable Fuel Standard (RFS) an “unmitigated success.”
The Renewable Fuel Standard was supposed to be better for the environment than traditional gasoline. But in fact it actually does more harm than good to the environment and the rural economies it was supposed to bolster.
After taking a few days to review the letter Senators Markey (D-NH) and Boxer (D-CA) sent you regarding the EPA’s recommendation to lower the Renewable Fuel Standard, we’ve taken the liberty of making sure you had a version that aligns with reality.
Proponents of the ethanol mandate promised Americans that their plan would save the environment; but 10 years later, America’s premier “environmental” policy is actually doing more harm to the environment than good.
In theory, the government mandate requiring that ethanol fuel be blended into America’s gasoline supply was intended to spur energy independence, reduce emissions and jumpstart rural economic development. Unfortunately, the RFS has failed to deliver on its environmental goals.
For the first time since the ethanol mandate was enacted, a government agency has confirmed what the refining industry has said for years…forcing ethanol into our fuel supply will increase gas prices.
The UNs Intergovernmental Panel on Climate Change, Environmental Working Group, the Associated Press, Congressmen from both sides and others have revealed corn ethanol produces more GHGs than gasoline, is immensely water-intensive, zaps the land of essential nutrients and demolishes animal habitats.
A bill known as the EXPIRE Act came out of the Senate Finance Committee. If passed, the EXPIRE Act would renew energy tax credits slated to expire, including the extension of the $1.01 tax credit for any cellulosic biofuel produced through 2015 — a measure that could cost taxpayers $55 million.
Today, we divert more than 40 percent of our corn crops to ethanol. Further, government has been subsidizing “gasohol” for years. In 1979, the going rate was 40 cents per gallon of E10. And the final lesson is this: we’ve been hoping for cellulosic biofuels forever.
While ethanol producers are bringing in record profits, dairy and poultry farmers have been forced to close up shop, unable to afford feed for animals.