Barn Media 10-6: Growth energy warns against RFS changes

Representatives Bob Goodlatte and Jim Costa have introduced legislation to reduce or eliminate the volumes of renewable fuel use mandated by the Renewable Fuels Standard based upon corn stocks-to-use ratios. A number of leading biofuel organizations – including Growth Energy – are warning against the proposed changes. For one thing – Growth Energy CEO Tom Buis says there’s an inherent risk associated with basing public policy on frequently changing stocks-to-use data reported by USDA. He says that would add a level of complication to the RFS and would not work effectively. Secondly – Buis says the legislation is simply unnecessary.

Representatives Bob Goodlatte and Jim Costa have introduced legislation to reduce or eliminate the volumes of renewable fuel use mandated by the Renewable Fuels Standard based upon corn stocks-to-use ratios. A number of leading biofuel organizations – including Growth Energy – are warning against the proposed changes. For one thing – Growth Energy CEO Tom Buis says there’s an inherent risk associated with basing public policy on frequently changing stocks-to-use data reported by USDA. He says that would add a level of complication to the RFS and would not work effectively. Secondly – Buis says the legislation is simply unnecessary.