EPA Hearings on Renewable Fuel Standard: Statement by DuPont
(Biofuels Digest) “DuPont believes the proposed 2014 to 2016 Renewable Fuel Standards (RFS) rule is misguided and is a major step backward. Since the RFS was first enacted, the United States has quickly risen to lead the world in biofuels technology and execution. But that leadership is now hanging in the balance, dependent upon the actions of the EPA to correctly administer this policy.
“Make no mistake, investments in additional cellulosic ethanol capacity and plants in the United States are absolutely dependent on the EPA fulfilling its obligations to the existing biofuels industry. RFS policy certainty is a prerequisite for the existing industry to expand and invest in cellulosic ethanol capacity and new plants.
“DuPont plans to license the next wave of biofuels technology, cellulosic, here in the United States and around the world. However, the most promising announcements, negotiations and conversations are all happening outside the United States. As long as the EPA continues to undermine existing domestic biofuels capacity, this will continue, creating a scenario where the benefits of U.S. innovation and technological advances are realized overseas. READ MORE