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Fight For Cheaper Fuel Continues
Manage episode 417211609 series 2908402
The push to restore the Renewable Fuel Standard (RFS) has taken center stage as a top priority for ethanol producers, corn growers, and advocates of a cleaner, greener economy. Enacted by Congress in 2005 and updated in 2007, the RFS stands as the bedrock law facilitating access to the marketplace for ethanol producers, driving growth not only in ethanol but also in the rural economy and corn production across the nation.
"The RFS is not just a law; it's a commitment to a cleaner, more sustainable future," says Emily Skor, CEO of Growth Energy,, a leading advocate for biofuels. "It sets targets for increasing the use of renewable fuels annually and mandates oil refiners to blend gasoline with renewable fuels like ethanol."
However, despite its critical role, challenges persist, primarily stemming from the oil refining sector and environmental opposition. Historically, oil refiners have resisted the RFS, viewing it as a threat to their market share. Yet, with advancements in renewable diesel and changing perspectives within the industry, this resistance is beginning to wane.
"Many integrated refineries are now recognizing the potential of renewable fuels to maintain low carbon liquid fuels,” Skor explains. “This shift in perspective signifies a growing acceptance of the RFS as a driver of positive change."
See omnystudio.com/listener for privacy information.
3265 tập
Manage episode 417211609 series 2908402
The push to restore the Renewable Fuel Standard (RFS) has taken center stage as a top priority for ethanol producers, corn growers, and advocates of a cleaner, greener economy. Enacted by Congress in 2005 and updated in 2007, the RFS stands as the bedrock law facilitating access to the marketplace for ethanol producers, driving growth not only in ethanol but also in the rural economy and corn production across the nation.
"The RFS is not just a law; it's a commitment to a cleaner, more sustainable future," says Emily Skor, CEO of Growth Energy,, a leading advocate for biofuels. "It sets targets for increasing the use of renewable fuels annually and mandates oil refiners to blend gasoline with renewable fuels like ethanol."
However, despite its critical role, challenges persist, primarily stemming from the oil refining sector and environmental opposition. Historically, oil refiners have resisted the RFS, viewing it as a threat to their market share. Yet, with advancements in renewable diesel and changing perspectives within the industry, this resistance is beginning to wane.
"Many integrated refineries are now recognizing the potential of renewable fuels to maintain low carbon liquid fuels,” Skor explains. “This shift in perspective signifies a growing acceptance of the RFS as a driver of positive change."
See omnystudio.com/listener for privacy information.
3265 tập
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