WASHINGTON, D.C.—Today, Growth Energy CEO Emily Skor applauded the introduction of the Fuels Parity Act. This legislation would both allow ethanol from corn starch to qualify for an advanced (D5) RIN and require the U.S. Environmental Protection Agency (EPA) to adopt the Argonne National Laboratory Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation (GREET) model when conducting lifecycle analyses for low-carbon biofuels like ethanol.
“This bipartisan bill would clear two of the biggest regulatory hurdles that keep the U.S. from unleashing the full carbon-reducing potential of corn ethanol,” Skor said. “By both allowing corn starch ethanol to qualify for an advanced (D5) RIN and ensuring EPA uses the gold-standard GREET lifecycle analysis model, the Fuels Parity Act would put biofuels on the same regulatory footing as other fuels, giving them a better chance to compete in the market and more opportunities to decarbonize the transportation sector. We’re grateful to Representatives Miller-Meeks, Hunt, Bice, Budzinski, and Sorensen for introducing this legislation.”
The Fuels Parity Act would allow ethanol from corn starch to qualify for an advanced (D5) RIN, eliminating the Renewable Fuel Standard’s (RFS) advanced biofuel corn starch prohibition. The bill would also require EPA to adopt the most recent Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation model (commonly referred to as the “GREET model”) developed by the Argonne National Laboratory.