WASHINGTON, DC — Following the Energy Information Administration’s (EIA) annual energy outlook, Tom Buis CEO of Growth Energy issued the following statement:
“The renewable fuels industry can meet the volume goals of 36 billion gallons by 2022 as set by the Renewable Fuel Standard (RFS), but scaling the blend wall and increased market access is the key.
“Currently the blend wall is preventing additional use of biofuels. While grain-based biofuels, such as corn ethanol have not only met, but exceeded the goals, the blend wall has prevented full saturation into the commercial marketplace and has discouraged investments in next generation biofuels.
“Growth Energy and the biofuels industry will continue to work with retailers and consumers to educate them on higher blends, such as E15 and continue to garner the support necessary to break through the blend wall, providing additional choices and savings for the consumer.”
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About Growth Energy
Growth Energy represents the producers and supporters of ethanol who feed the world and fuel America in ways that achieve energy independence, improve economic well-being and create a healthier environment for all Americans now. For more information, please visit us at www.GrowthEnergy.org, follow us on Twitter @GrowthEnergy or connect with us on Facebook