The Obama administration on Friday rebuffed requests by Texas Gov. Rick Perry
and the leaders of several other states to waive a federal renewable
fuel mandate that requires ethanol to be blended into the nation's
gasoline supply.
In rejecting the waiver requests, the Environmental Protection Agency effectively disagreed with the states' concerns that the mandate was spiking corn demand and prices following a drought that devastated crops in the Midwest. The EPA concluded the Renewable Fuel Standard would not cause "severe economic harm" to states and regions.
"We recognize that this year's drought has created hardship in some sectors of the economy, particularly for livestock producers," said Gina McCarthy, assistant administrator for EPA's Office of Air and Radiation. "But our extensive analysis makes clear that congressional requirements for a waiver have not been met and that waiving the RFS will have little, if any, impact."
This is the second time Perry has lost his bid for a renewable fuel standard exemption. In 2008, the EPA also turned him down.
Read more: http://www.chron.com/business/article/EPA-rejects-governors-requests-to-waive-ethanol-4045621.php
In rejecting the waiver requests, the Environmental Protection Agency effectively disagreed with the states' concerns that the mandate was spiking corn demand and prices following a drought that devastated crops in the Midwest. The EPA concluded the Renewable Fuel Standard would not cause "severe economic harm" to states and regions.
"We recognize that this year's drought has created hardship in some sectors of the economy, particularly for livestock producers," said Gina McCarthy, assistant administrator for EPA's Office of Air and Radiation. "But our extensive analysis makes clear that congressional requirements for a waiver have not been met and that waiving the RFS will have little, if any, impact."
This is the second time Perry has lost his bid for a renewable fuel standard exemption. In 2008, the EPA also turned him down.
Read more: http://www.chron.com/business/article/EPA-rejects-governors-requests-to-waive-ethanol-4045621.php
No comments:
Post a Comment