National Farmers Union (NFU) President Roger Johnson issued the following statement regarding the Environmental Protection Agency’s (EPA) 2014 Renewable Fuel Standard (RFS) requirements:
“We are deeply disappointed in EPA’s apparent willingness to reduce total renewable fuel requirements based on the oil industry’s fictitious ‘blend wall’ argument. Big oil has determined that biofuels are taking their market share, so they have prevented increased amounts of biofuel to be sold at gas stations.
“At a time when advanced and cellulosic biofuel plants are just starting to come online, the EPA is sending a negative signal which will stifle investment in this nascent industry.
“Lowering renewable fuel targets below that which can be produced and below what is already being produced will sink corn prices, kill jobs and damage rural economies.
“The administration needs to stay true to its word that it will tackle climate change. The RFS is America’s only real climate change policy, and biofuels reduce greenhouse gas emissions by over 30 percent compared to regular gasoline.
“We look forward to commenting on the proposed targets and EPA’s flawed methodology so that we can continue to support the biofuels industry.”