Industry: EPA is pulling the plug on new biofuels
The advanced biofuel lobby is raising concerns that the Environmental Protection Agency, the supposed defender of clean-burning fuels, could be setting up the industry for a devastating fall if new regulations are enacted.
The defenders of the second-generation fuels, derived from agriculture waste and other feedstock, say EPA’s recently proposed Renewable Fuel Standard only appears to boost demand for biofuels, while in reality it gives the agency the power to reduce production forever.
Brent Erickson, vice president of the Biotechnology Industry Organization, a prime defender of the emerging advanced biofuel industry, framed the new proposal as a “cynical” attempt to appease the refinery and oil industries. The proposed rules would trigger the EPA under the Clean Air Act to rewrite the standards at much lower levels beginning next year.
Source: http://www.climatechangedispatch.com/industry-epa-is-pulling-the-plug-on-new-biofuels.html
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