Texas Governor Rick Perry had requested that the EPA revise its Renewable Fuels Standard requirement to lessen the amount of ethanol for use in automobiles. Between September 1 of this year till August 31 of 2009, the EPA has mandated that 9 billion gallons of ethanol be blended into gasoline, a number which Perry wanted to see cut in half. In the United States, the vast majority of the available ethanol is produced from corn, a process which has drawn more than its fair share of criticism from many parties due to its inefficiencies and its possible impact on food prices. The EPA, though, denied Perry's request.
Perry responded to the decision this way, "I am greatly disappointed with the EPA's inability to look past the good intentions of this policy to see the significant harm it is doing to farmers, ranchers and American households. For the EPA to assert that this federal mandate is not affecting food prices not only goes against common sense, but every American's grocery bill." We don't imagine this is the last we'll hear from ethanol opponents regarding the issue. Thanks for the tip, Razpez!
[Source: AP via Google News]
Perry responded to the decision this way, "I am greatly disappointed with the EPA's inability to look past the good intentions of this policy to see the significant harm it is doing to farmers, ranchers and American households. For the EPA to assert that this federal mandate is not affecting food prices not only goes against common sense, but every American's grocery bill." We don't imagine this is the last we'll hear from ethanol opponents regarding the issue. Thanks for the tip, Razpez!
[Source: AP via Google News]
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