May 18, 2016

AESI Chairman Talent: EPA’s 2017 biofuel targets fall short

Washington, D.C. – Following today’s announcement by the Environmental Protection Agency (EPA) of its proposed Renewable Fuel Standard (RFS) Renewable Volume Obligations (RVOs) for 2017, Americans for Energy Security and Innovation (AESI) Chairman Jim Talent issued the following statement:

“The Obama Administration’s proposed targets fall short of the goals for energy security that Congress outlined in the Renewable Fuel Standard. America’s domestic biofuels industry has already proven that it can surpass these targets, and our goal should be to maximize the renewable choices that consumers have at the pump. The EPA is moving in a positive direction, but we are leaving homegrown energy on the table, and that means more money and influence will flow to the foreign nations that seek to manipulate the global oil market.

“Thanks to the RFS, the domestic biofuels industry has invested billions of dollars into domestic energy production, supporting 852,000 American jobs. Repeatedly, the administration has promised to stand behind American investments in alternative energy solutions, but that commitment must be matched by action in areas other than wind and solar if the administration is serious about its own climate change agenda. Corn-based ethanol slashes greenhouse gas emissions by 34 percent, and better targets from the EPA will promote even faster growth in cellulosic biofuels that can cut emissions by 100 percent or more.

“Oil prices may have dipped, but experience tells us that we cannot wait for the next global crisis to take energy security seriously. As the administration works to finalize its proposal for 2017, we urge policymakers to push ahead with targets that will protect consumers, clean our air, and make America more energy secure.”