WASHINGTON, DC — Last evening, Representatives Gregg Harper (R-MS) and Jim Matheson (D-UT) introduced legislation that would effectively kill the future development of next-generation biofuels as required by the Renewable Fuel Standard (RFS). Following the bills introduction, Tom Buis CEO of Growth Energy, released the following statement:
“This is bad policy, plain and simple. This is nothing more than a well-disguised end run around the RFS, attempting to eliminate the use of biofuels in the commercial marketplace. While supporters claim that this is fair and sensible legislation, all it is actually nothing but pandering to the wishes of the oil industry.
“At a time when record gas prices are being reported, we must continue to move forward with the development of sustainable and cleaner burning American fuels. Now is the time to continue innovation and development in the next generation biofuels instead of accepting the failed status quo of our dangerous addiction to foreign oil.
“The RFS has been the most successful energy policy enacted in the last forty years. It has created and supported over 400,000 jobs in America that cannot be outsourced, revitalized rural economies, improved our environment, all while providing consumers a choice and savings at the pump.”
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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.