Growth Energy Responds to Proposal to Reform RFSWed, 11 Mar 2015 11:26:44 CDT
Statement by Tom Buis, CEO of Growth Energy in Response to the Advanced Biofuels Association Proposal to Reform the RFS:
"By opening up the RFS for legislative changes, you are opening a can of worms that will only create further uncertainty for the industry, which is the last thing biofuel producers of any kind need. This is a shortsighted proposal that would set the entire renewable fuels industry on the path to a rollback of the RFS. By opening up the Clean Air Act, the end results could be far more disastrous for renewable fuel companies given the oil companies' resistance to complying with the RFS.
"The simple fact is that first generation fuels, such as corn based ethanol, and cellulosic ethanol are inextricably linked and this proposal completely ignores that competitive commercialization in the future is likely to remain tied to the grain ethanol industry to capture the economic synergies of supply chains, co-production and marketing."
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