ACE statement on 15-year anniversary of the RFS
The RFS has successfully benefited our climate, drivers, and rural economy, but improper implementation limits its promise
“Congress was right to enact the Renewable Fuel Standard because it has indeed resulted in cleaner air, lower priced fuel for motorists, and economic development in rural America. Since the RFS was signed into law, the ethanol industry has experienced improved market share and a growing number of co-products, as well as technology innovations that have driven efficiencies and shrunk the carbon footprints of plants. Unfortunately, the Environmental Protection Agency has turned the keys of the program over to refiners, who have taken the RFS on a joy ride which has limited the program’s upside potential.
“This is why in addition to constantly defending and protecting the RFS, ACE has been laying the strategic groundwork necessary to leverage ethanol’s low carbon value in the market through new clean fuel policies at the state and federal level.
“We will continue working to get the RFS back on track while also proactively promoting new clean fuel policy solutions to further benefit our climate, drivers, and rural economy.”