Thursday, January 31, 2013

Major lobbies going toe-to-toe in the ongoing ethanol-mandate battle

Hot Air reports:
Last week, a federal appeals court informed the Environmental Protection Agency that, no actually, the EPA may not punish oil companies for failing to comply with the Renewable Fuel Standard, which mandates that they blend a certain amount of advanced cellulosic biofuels into their product — seeing as how those cellulosic biofuels aren’t actually available in the required amounts. As in, they do not exist yet. (…Yes, sadly, this is real life.) Unfortunately, the court’s ruling did not do away with the wildly enthusiastic and unrealistic mandate altogether, it merely took the teeth out of its enforcement for 2012.