Welch Outlines Ethanol Reform Agenda for New Congress
(Vermont Business Magazine) … Welch (Representative Peter Welch (D-VT)) will reintroduce the bipartisan Renewable Fuel Standard (RFS) Reform Act, which will reform the corn ethanol mandate while continuing to promote advanced biofuels, as well as the bipartisan Food and Fuel Consumer Protection Act, which would cap the maximum volume of ethanol blended into the transportation fuel supply at 9.7 percent.
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The announcement comes as the National Wildlife Federation is expected to unveil a new study this week in Washington that will detail the harm inflicted on the environment by the RFS mandate, including the destruction of sensitive crops and habitats and the deterioration of water quality.
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In December 2011, Welch and other House RFS reform leaders were successful in eliminating a federal tax credit for blending ethanol into gasoline and a 54 cent per gallon tariff on imported ethanol. READ MORE