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Suspend and Eventually Eliminate the Renewable Fuel Standard

June 11, 2020
By Ben Lieberman

The Renewable Fuel Standard, requiring corn ethanol and other biofuels be added to the nation’s gasoline and diesel supply, is expensive and has failed to deliver energy security, economic, or environmental benefits.

The Renewable Fuel Standard (RFS), created by Congress in 2005 and expanded in 2007, requiring corn ethanol and other biofuels be added to the nation’s gasoline and diesel supply, in a proposed effort to decrease America’s reliance on foreign sources of energy, improve the nation’s farm economy, and clean the environment has proven to be an expensive failure, satisfying none of its intended goals.  It is time to phase out and eliminate the RFS.