BIO Asks EPA to Reject Retroactive Changes to Renewable Fuel Standard

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A petition to retroactively change the Renewable Fuel Standard (RFS) for 2011 would undermine the industry’s progress in commercializing advanced biofuels. The Biotechnology Industry Organization (BIO) today wrote EPA asking that they deny a petition submitted in January by the petroleum industry that would destabilize implementation of the RFS.

Brent Erickson, executive vice president for BIO’s Industrial & Environmental Section, said, “The Renewable Fuel Standard is the key policy supporting rapid commercial development of advanced biofuels. Companies have made measurable progress in moving from concept to demonstration scale in their drive to open commercial facilities and make a significant contribution to energy security. Progress may not have been as fast as anyone would like, but the changes to the RFS that petroleum interests are requesting are solely designed to impede further progress. Commercial-scale advanced biofuels projects are just starting to come on line and it makes little sense to disrupt this progress now. We ask that EPA continue its consistent implementation.” 

About BIO
BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIOtechNOW is BIO's blog chronicling “innovations transforming our world” and the BIO Newsletter is the organization’s bi-weekly email newsletter. Subscribe to the BIO Newsletter.