Agricultural News
American Coalition for Ethanol Expresses Disappointment With Hearing on Renewable Fuel Standard
Wed, 02 Nov 2011 13:28:36 CDT
The American Coalition for Ethanol (ACE) today contacted members of the Congressional House Science Subcommittee on Energy and the Environment and expressed its disappointment on the one-sided tone of today's hearing on the Renewable Fuels Standard. (RFS)
In the letter to Congressmen Andy Harris (R-MD) and Brad Miller, (D-NC) ACE Executive Vice President Brian Jennings says that while he understands that some of the groups testifying oppose the RFS because it threatens their profitable status quo, Congress should realize that data proves that the RFS is succeeding in fulfilling its energy security intent.
Jennings wrote: "According to a May 2011 report from the U.S. Energy Information Administration (EIA), U.S. dependence on imported oil has dramatically declined since peaking in 2005 (when the original RFS was enacted). The EIA report adds, by the broadest measure, U.S. dependence on imported oil fell from 60.3 percent in 2005 to 49.3 percent in 2010."
Jennings also noted in the letter the number of jobs that the ethanol industry supports thanks to the RFS and also reminds the congressional panel that continuing to support RFS will help advanced biofuels.
Click on the LINK below to read the letter sent by ACE.
02085_ACELetter11022011.pdf
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