Wednesday, November 23, 2016

Ethanol's Last Stand

The EPA just won't quit:
Environmental Protection Agency officials announced final biofuel blending requirements for 2017 Wednesday, the day before Thanksgiving. EPA increased blending mandates for cellulosic biofuel, advanced biofuel and conventional ethanol. The agency also increased biomass-based diesel levels for 2018.

“Renewable fuel volumes continue to increase across the board compared to 2016 levels,” said Janet McCabe, the head of EPA’s ir and radiation office, said in a statement.

“These final standards will boost production, providing for ambitious yet achievable growth of biofuels in the transportation sector,” she said. “By implementing the program enacted by Congress, we are expanding the nation’s renewable fuels sector while reducing our reliance on imported oil.”

While the ethanol industry celebrated the announcement, refiners, environmentalists and other businesses were less than enthused.

“Refiners should not have the responsibility to force consumers to use products they either don’t want or that are incompatible with their cars, boats, and motor equipment,” Chet Thompson, president of the American Fuel and Petrochemical Manufacturers, said in a statement.
But it's what the nanny state demands, so...

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