Thursday, January 31, 2013

The EPA vs. Reality

The Environmental Protection Agency has been demanding the impossible of refiners and then penalizing them when they fail to comply. A new ruling from a federal appeals court stops this shakedown.
For the past few years, the EPA has required refiners to purchase vast quantities of cellulosic biofuel, which is made from non-edible plant parts such as wood, grass, and cornstalks, and to use it in the gasoline they produce. The problem? The EPA wants refiners to buy more of this fuel than is available on the market — or has ever been available, for that matter. When those refiners have understandably failed to comply, the EPA has forced them to pay for an exemption.

Read more: http://www.nationalreview.com/articles/339340/epa-vs-reality-jillian-kay-melchior

No comments: