EPA Renewable Fuel Standard Battles Intensify
Fox News reports that “the battle over the Environmental Protection Agency’s contentious Renewable Fuel Standard is about to get incandescent.”
“After more than a year of uncertainty, the EPA is preparing to finalize new targets — they are supposed to be revealed annually — for the controversial standard, or RFS, by the end of this month. EPA is so far behind, in fact, that some of the quotas it is about to deliver are for 2014 and 2015 — years that are long gone and nearly so.”
“Adding further to the strange situation, the quotas for future years, especially for rare so-called cellulosic bio-fuels made from specialty grass, or crop refuse, are likely to continue to be, as the agency puts it, sharply ‘higher than what the market would produce and use in the absence of such market-driving standards.’”