Time to Rethink the Renewable Fuel Standard
By Merrill Matthews
Environmental Protection Agency Administrator Scott Pruitt thinks U.S. refiners are forced to blend too much ethanol into their gasoline.
If ever a federal program has outlived its usefulness, it’s the government’s support for ethanol.
In 2005, Congress passed the Energy Policy Act, creating the Renewable Fuel Standard. The RFS requires nearly all gasoline to be mixed with ethanol, which is mostly corn-based and increasingly includes other biofuels.