Growth Energy Responds to Oversight & Reform Committee Hearing on RFSWed, 10 Dec 2014 14:51:57 CST
In response to Wednesday's Government Reform and Oversight Subcommittee on Energy Policy, Health Care and Entitlements hearing on "EPA's management of the renewable fuel standard program," Tom Buis, CEO of Growth Energy issued the following statement:
"While the delay from the EPA is frustrating to stakeholders and Congress alike, it is important that the EPA get their methodology and the final RFS numbers for 2014 right. The EPA's proposed rule was flawed from the beginning. There was no way the methodology in the proposed rule would ever work, as it went against the very purpose and policy goals of the RFS. Hopefully, the EPA can get back on track, establish certainty among stakeholders and implement the RFS as it was originally envisioned.
"The RFS has been the most successful energy policy in over forty years. It has created jobs and bolstered rural America, improved our environment and reduced our dependence on foreign oil by nearly 50 percent, all while providing consumers a choice and savings at the pump. This is an energy policy that is working. It is irresponsible to rely solely on fossil fuels, and we should not put all our eggs in one basket when it comes to our national and energy security.
"I encourage the EPA to act swiftly to produce a final rule that ensures that the methodology allows our industry to move forward and invest in the additional production of biofuels, which will help grow an American industry that creates jobs, reduces our dependence on foreign oil and fossil fuels, reduces carbon pollution and creates new economic opportunities all over the country."
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