Advanced Biofuels Association Supports EPA’s Role At House Oversight And Government Reform Hearing On Renewable Fuel Standard
(Washington, DC) – In response to the United States House of Representatives’ Committee on Oversight and Government Reform hearing, “Up Against the Blend Wall: Examining EPA’s Role in the Renewable Fuel Standard,” Michael McAdams, president of the Advanced Biofuels Association offered comments on the record to the committee targeted to the advanced and cellulosic biofuels industry.
“A number of stakeholder groups are attempting to create a view that the RFS is broken and should be wholesale repealed rather than allowing EPA to utilize their authority to make any required adjustments. That would be a step backward in America’s energy future. Right now, many of the advanced and cellulosic companies are seeking to break ground or attempting to raise funds to build their first plants. This entire discussion has had a negative impact on these businesses and their financial community.
Congress’ vision in creating RFS2 was to surpass the Energy Policy Act of 2005 to stimulate the creation of an advanced biofuels industry that would deliver larger greenhouse gas reduction, higher energy density renewable fuels, advanced ethanol and “drop-in” fuel molecules that are totally compatible with our existing engines, pipeline system and fuel pumps. We continue to believe that the vision to create a diverse set of options for America’s transportation fuels sector was a wise one. Advanced and cellulosic companies have broken ground and are moving forward with that vision. This is a time to stay the course and allow EPA to utilize its authority, when merited, to make the necessary adjustments to keep a sound program on solid footing and on a sustained path forward.”
About the Advanced Biofuels Association: The Advanced Biofuels Association (ABFA) is a national organization representing the new generation of advanced and renewable technologies that will help drive America’s new economy by creating jobs, reducing our dependence on foreign oil and fossil fuels while fueling a sustainable future for the world. The ABFA has quickly become a leading voice for America’s domestic biofuels industry since it was established in 2009. For more information, please visit www.advancedbiofuelsassociation.com or follow us on Twitter @betterfuels