Hallelujah: Aversion to the Renewable Fuel Standard seems to be catching on in Congress « Hot Air: "This certainly isn’t the first time the Senate has introduced legislation designed to mitigate the many economically injurious effects of Renewable Fuel Standard, that insidious little mandate that manipulates the market on behalf of biofuels interests by requiring refiners to blend an ever-increasing volume of the stuff into the fuel supply, but none of the previous efforts have really managed to gain much traction despite their bipartisan support. The growing public consciousness of corn ethanol’s negative environmental effects and its impact on food and gas prices has been catching on, however, in conjunction with increased cries of exasperation coming from oil and auto industries that find themselves running up against the problematic “blend wall” at which they are required to blend a higher concentration of ethanol than is deemed safe for use in cars and trucks. If even the EPA can’t pretend any longer that this policy is a particularly good idea, everybody else is going to have rather a rough time of it, which gives me renewed hope for the legislation coming out of the Senate."
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