Growth Energy is confident that the EPA will see the benefits of the RFS.
The Environmental Protection Agency is preparing to review the Renewable Fuels Standard, and the benefits of the program may be hard to overlook.
Emily Skor, CEO of Growth Energy, issued the following statement in regards to the Renewable Fuel Standard’s (RFS) impact:
“We’re confident that when EPA reviews this program, they will see the significant benefits to consumers in lower gas prices, lower greenhouse gas emissions and decreased exposure to harmful pollutants known to cause cancer, pollution and smog. The RFS also expands consumer choice within the fuel marketplace, while reducing dependence on foreign oil.
“According to the Argonne National Laboratory, ethanol produced between 2008-2012 reduced greenhouse gas emissions by an average of 34% compared to gasoline. Ethanol also reduces particulate matter from tailpipes, which is why consumer demand is growing for higher biofuel blends, like E15. One truckload of American ethanol displaces more than 60 barrels of imported oil, which has helped cut imports by half since ethanol was introduced into the fuel supply. Lastly, American consumers have benefited from savings at the pump, by up to 50 cents to $1.50 a gallon. Ethanol is a benefit to the environment and a win for consumers and we are certain that any report will reflect that.”