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Author Topic: Growth Energy, RFA respond to House white paper on RFS Back to Topics

Champion Author

Joined:Apr 2011
Message Posted: Jun 25, 2013 1:46:29 PM

"One new energy source — ethanol — is already making a difference," said Bob Dinneen, president and CEO of the Renewable Fuels Association. "Because of the RFS, ethanol already accounts for 10 percent of the nation’s gasoline supply. Because of the RFS, ethanol displaced the need for the amount of gasoline refined from 462 million barrels of imported crude oil in 2012. Because of the RFS, the biofuels industry stands ready to contribute substantially more to our nation’s energy and economic security."

Growth Energy, RFA respond to House white paper on RFS
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Champion Author Twin Cities

Joined:Mar 2006
Message Posted: Jun 26, 2013 10:03:10 AM

BP Sees No Reason To Change the RFS

"BP, one of the world’s biggest oil companies by revenue, is part of a joint venture with DuPont that is set to start producing a new alternative fuel by the end of the year. In order to preserve a market for that fuel, its officials are busy in Washington trying to persuade lawmakers that the current system doesn’t need an overhaul."

"“They don’t need to change the law,” Paul Beckwith, chief executive of the venture, Butamax Advanced Biofuels of Wilmington, Del., said in an interview. The program “as it’s currently configured is working, and there are good opportunities for increasing renewable levels beyond where they are today.”"
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