RFS & Environmental Benefits: Our Response to the House Energy & Commerce Committee White Paper
Posted 24 May 2013 in
The bottom line:
Changes to the RFS will only destabilize the current investment environment, slow the development of renewable fuel, and protect the oil industry from competition, effectively locking in our current greenhouse gas emission profile from the transportation fuel sector for decades to come.
According to the EPA, greenhouse gas emissions attributed to transportation accounted for about 31 percent of U.S. CO2 emissions from fossil fuel combustion in 2010, with nearly 65 percent of those emissions stemming from gasoline consumption for personal vehicle use.
Renewable fuel has already displaced petroleum in 10 percent of our gasoline supply, with 13 billion gallons in 2012
In 2012, the use of renewable fuel slashed greenhouse gas emissions by 33.4 million metric tons
The RFS will do even more to reduce oil in our transportation fuel supply and bring increasingly low carbon alternatives to market, so long as it remains in its current form, particularly as the production of cellulosic and advanced renewable fuel increases