The Renewable Fuel Standard turned 20 on Friday, August 8th. Groups like the National Corn Growers Association celebrated the milestone, noting that since it was signed into law, the RFS has provided immeasurable benefits to Americans. “It has dramatically increased demand for corn, provided significant savings to consumers at the pump, and strengthened America’s energy dominance,” said NCGA President Kenneth Hartman, Jr.
Clean Fuels Alliance America also celebrated the 20th birthday of the RFS. “Under the RFS, the last twenty years have seen biodiesel and renewable diesel production grow from a few hundred million gallons to five billion gallons, meeting nine percent of the nation’s on-road diesel demand,” said Kurt Kovarik, Clean Fuels’ Vice President of Federal Affairs. “Biodiesel and renewable diesel production are vital for America’s economy, supporting $42.4 billion in economic opportunity.” It also supports ten percent of the value of every soybean grown in the United States’ fields.
-NAFB