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Concerns that Reformed RFS Act Could Destroy Biofuels Industry

Concerns that Reformed RFS Act Could Destroy Biofuels Industry

09 February 2015

US - NFU President Roger Johnson has warned that the elimination of the corn-based ethanol mandate and blend cap will 'gut' the nation’s biofuel production.

"This would strand existing investment in second generation biofuel production and hurt family farmers, ranchers and rural communities that have experienced much-needed reinvestment from this policy.

"This is not only a bad step for agriculture, but also is a major setback to the environment and our nation’s attempts to manage its carbon emissions. We urge Congress to reject this policy and continue to embrace the vision of a robust renewable fuels industry as a component of this nation’s overall energy portfolio," concluded Mr Johnson.

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