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Chemical Engineer, Global Business, Biofuels, Speciality Chemicals
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Doug Some good points. I think the RFS has brought a number of benefits around carbon reduction, reduced oil imports, and rural development and jobs. Also the competition between ethanol and gasoline has brought overall reduced fuel costs. Looking at future policies, I think the first item is to define what the goals are. Is it just climate change or are there broader goals? Beyond that, I think the policies need to be consistent and long term in nature. I like the concept of the LCFS for carbon reduction as it should push towards the most economic choice (in theory). There could, of course, be improvements in how it has been implemented.
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Aug 26, 2015