[NEWS] Senate Grapples With Failures of Renewable Fuel Standard
– by Chris Fry, December 2, 2016, Courthouse News
Government officials testified before the Senate on Thursday that sluggish development of ethanol and other biofuels has hampered attainment of the Renewable Fuel Standard.
Enacted in 2005, the Renewable Fuel Standard or RSF requires that all transportation fuel sold in the United States contain a minimum amount of renewable fuels.
The Senate Subcommittee on Regulatory Affairs and Federal Management called a hearing Thursday afternoon to look at two new reports from the Government Accountability Office on the standard’s feasibility.
“The most salient finding here is that it is unlikely that advanced biofuels can meet the statutory targets to RSF,” said Frank Rusco, director of natural resources and environment.
“They fell below targets by well over 1 billion gallons in 2014 and we’re expecting a 5 billion gallon shortfall for 2017,” Rusco added.