Op-Ed

The Renewable Fuel Standard Belongs On The Naughty List

Philip Rossetti, AAF’s director of energy policy, discusses the failures of the Renewable Fuels Standard in an op-ed featured in The Daily Caller. See an excerpt below.

“In 2007, Congress set requirements for how much biofuel would be blended with gasoline through 2022, and those requirements are still the law of the land today. Unfortunately, when those targets were set it was assumed that production of all biofuels, including corn-based but especially cellulosic fuels (from inedible plant matter) and “advanced” fuels (from waste sources), would take off. But the hoped-for production growth of biofuels, especially advanced ones, never happened—they’re just not cost competitive with gasoline.”

Click here to read the full op-ed.

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