Tom Buis Says Proposed RVO Numbers Fall Short of Congress' Initial Intent for the RFSFri, 29 May 2015 15:50:32 CDT
In response to Friday's proposed rule by the Environmental Protection Agency (EPA), regarding the Renewable Fuel Standard's (RFS) Renewable Volume Obligation (RVO) numbers and the methodology EPA employed to craft it, Tom Buis, CEO of Growth Energy, issued the following statement:
"Today's proposals are better than EPA's initial proposed rule for 2014, but they still need significant improvement. We have sincere concerns that these proposed numbers are not moving forward to the degree that Congress had intended for the RFS.
"It is unfortunate that EPA chose to side with the obligated parties who have deliberately refused to live up to their obligation to provide consumers with a choice of fossil fuels or lower cost, higher performing, homegrown renewable energy at the pump. Everyone in Congress, as well as all parties in the renewables and oil industry,knew when this legislation was debated and passed into law that the only way the RFS goals could be met was by introducing higher blends into the market moving forward. Now the obligated parties, controlled primarily by Big Oil, have refused to live up to their obligation and the initial read on EPA's proposal is they have simply acquiesced to the demands of Big Oil.
"One thing that everyone should keep in mind is that this a proposed rule. We will continue to analyze and review these proposals for 2014, 2015 and 2016. Furthermore, Growth Energy will file exhaustive comments with EPA. Just as we successfully commented on the original 2014 RVO proposal by EPA, which ultimately forced EPA to reconsider their initial flawed rule, we are confident that our forthcoming comments will highlight the changes that are necessary to meet the goals of the RFS.
"The RFS has been our nation's most successful energy policy in the last 40 years and we must continue to advance a strategy that promotes American jobs, a cleaner environment and energy security by reducing our dependence on foreign oil."
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