Campaigning in Iowa, Republican hopeful Ted Cruz speaks out against the RFS, but thinks a free market full of E25 is just peachy.
With the 2016 US presidential election already getting rolling, the debate over the Renewable Fuel Standard could play role in farming-intense states. Iowa Governor Terry Branstad, a supporter of the mandate, thinks candidates who don't support the RFS could be at a disadvantage there for the very important caucuses.
The Environmental Protection Agency (EPA) is not going to decide just yet how much biofuel to add to the national fuel supply in the future. Last year, the EPA said, for the first time ever, that it might reduce the biofuel component in American gas, but is now saying that the 2014 standards rule will be "significantly delayed."
Hundreds of thousands of people are waiting for the US Environmental Protection Agency to issue its final ruling on the Renewable Fuel Standard (RFS). Over 110,000 signatures were collected by the group VoteVets.org (often politically active on energy issues), which delivered its petition with Congressman Bruce Braley (D-Iowa) to EPA Administrator Gina McCarthy. Over 35,000 of those signatures were from veterans and military family members.
Rodney Hailey, who was in the news last summer for selling more than $9 million in Renewable Identification Numbers (RIN) credits for biofuel that, well, didn't exist, has been sentenced to nearly 12 years and six months in prison, followed by three years of supervised release.
If you know what renewable identification numbers (RIN) fraud is, and want to avoid it you a.) are most likely involved in biofuel production or an oil company and b.) might want to hire an auditor. That's the advice from RINAlliance, which has made a strategic partnership with EcoEngineers to make sure RIN fraud stops happening.
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