The Renewable Fuel Standard (RFS) is one of America’s great success stories, and the bedrock policy that forged our nation’s biofuels industry. It provides consumers with real choice and savings at the pump, while strengthening our rural economy, lowering our carbon footprint, and delivering greater energy independence by requiring a modest but growing amount of biofuels be blended into our nation’s transportation fuel mix. Today, 98 percent of gasoline in the U.S. contains about 10 percent ethanol.
At Growth Energy, we believe the RFS should be faithfully executed by the Environmental Protection Agency (EPA) as Congress intended, and that EPA should not undermine the policy and increase consumer fuel costs, hurt our economy, and hinder progress toward our environmental goals.
Growth Energy will continue to support:
The 2005 RFS allowed small refineries with a production capacity less than 75,000 barrels per day to be temporarily exempted from the law’s blending requirements. When the RFS was expanded in 2007, EPA extended these exemptions until 2011 and required small refineries to demonstrate “disproportionate economic hardship” to qualify for future waivers. Starting with the 2016 compliance period, EPA rapidly increased the number of SREs, granting 85 over three years and removing over 4 billion gallons of biofuels from the marketplace.
The First District is home to 10 of MN’s 18 ethanol plants. This #NCEW22, I proudly support the production of biofuels, which provide affordable, reliable energy that meets the needs of American families & businesses, while also reducing our reliance on foreign energy sources. https://t.co/UrvwSQgYXc
#Biofuels support American energy security, create jobs throughout rural America, & reduce greenhouse gas emissions. 🎥 WATCH: @RepMMM is working to promote renewable energy sources like IA #biofuels to create a cleaner future. https://t.co/knROLkKSHu
Ethanol & biodiesel are both American-made #Biofuels that can be locally-grown & help lower greenhouse gas emissions. Did you know? In 2021, the U.S. was a net exporter of biofuels, sending 800 million gallons to our allies. #NCEW22 https://t.co/2KzIaEf7uc