AEC Applauds the Obama Administration for Moving Forward on Climate ChangeTue, 25 Jun 2013 14:36:09 CDT
"The advanced ethanol industry stands behind the Obama Administration in their effort to address climate change," said Advanced Ethanol Council (AEC) Executive Director Brooke Coleman. "The President is right to identify the Renewable Fuel Standard and existing federal regulations as critical to the effort to reduce greenhouse gas emissions from the energy sector. Pound for pound, advanced ethanol is the most carbon reductive alternative to gasoline in the world, and the RFS is driving the commercial deployment of our industry."
The AEC noted, however, that climate action is not just about average global temperature. "The need to address climate change is not just about carbon dioxide and rising sea levels," added Coleman. "We're talking about a global race to commercialize next generation fuels as conventional oil becomes increasingly scarce and new unconventional reserves only come online at considerable expense. Inaction is not just irresponsible from a climatological perspective, it puts the United States further behind in the global race to develop new energy industries, create new American jobs and ensure that high and volatile gas prices do not continue to paralyze economic growth."
The AEC recently released a progress report demonstrating the commercial progress of the advanced biofuels industry. The report demonstrates that the cellulosic biofuels industry is reaching commercial deployment just five years after the passage of the RFS and notwithstanding the global economic downturn. The AEC noted that maintaining the RFS and removing inequities from the federal tax code favoring the development of fossil fuels are critical to the ongoing development of low carbon, renewable fuels.
"What we need at this point is for Congress to establish a path and stick to it," added Coleman. "The ongoing politicization of this issue just means that clean energy industries are going to build their new facilities on Chinese or Brazilian soil instead of in the United States. That's a bad outcome for both political parties."
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