Industry and retailers call on EPA to protect consumers from broken fuel policy
Published by Rosalie Starling,
Editor - Hydrocarbon Engineering
Hydrocarbon Engineering,
API Downstream Group Director Frank Macchiarola, along with the National Council of Chain Restaurants (NCCR), held a conference call with reporters to discuss the US Environment Protection Agency's (EPA’s) 2017 Renewable Fuel Standard requirements.
“The renewable fuels standard is broken,” said Macchiarola. “The well being of American consumers hangs in the balance as EPA continues to push more and more ethanol into the fuel mix. Study after study has shown that the RFS could raise fuel costs for consumers and damage car engines.
“The RFS also impacts corn prices, which then impact the price of food and other goods and services.
“The market has shown that the RFS is outdated, and more Republicans and Democrats understand that the policy is broken and that there is a real opportunity for reform.”
API strongly supports the Flores-Welch RFS reform bill, which has broad bipartisan support and 117 co-sponsors in the House.
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/18112016/industry-and-retailers-call-on-epa-to-protect-consumers-from-broken-fuel-policy/
You might also like
Hydrocarbon Engineering Podcast
Susan Bell, Senior Vice President within Commodity Markets – Oil, Rystad Energy, discusses the impact of trade wars on global oil demand and oil prices, in light of President Trump’s ‘Liberation Day’ tariffs.
EU shifts on climate targets in the face of industry reality
The EU’s shift on climate targets has come to echo the reality of the industry, according to an Aggreko report.