EPA declares Renewable Fuel Standard dysfunctional
WASHINGTON, D.C. — Today, the EPA announced that it would not finalize the 2014 biofuel volumes under the federal Renewable Fuel Standard before the end of 2014.
Friends of the Earth Climate and energy campaigner Lukas Ross issued the following statement in response:
Today’s announcement confirms that the Renewable Fuel Standard system is in absolute chaos. Frankly, this announcement has biofuel watchers stumped. No one is sure how the standard will be administered now or what the implications will be for the industry.
Final volume levels or no, the simple fact is that the statute requires too much climate-busting corn ethanol. Today’s announcement shows that Congress handed the EPA an unworkable policy. Now it’s time for Congress to step in and fix the corn ethanol problem they created.