BIO Applauds Trump Administration for Moving Closer to Fulfilling E15 Promise
Washington, D.C. (March 12, 2019) – The Biotechnology Innovation Organization (BIO) released the following statement after the U.S. Environmental Protection Agency (EPA) announced its proposed rule allowing for the summertime use of E15 gasoline.
“BIO applauds the Trump administration for moving one step closer to fulfilling the promise made to U.S. biofuels producers and farmers to remove the regulatory barriers preventing the year-round sale of transportation fuel containing 15 percent biofuels.
“We are hopeful this pro-consumer directive will be finalized in time to support the demand of the 2019 summer driving season, providing additional fuel choices at the pumps and increasing the volume of biofuels in the transportation fuel market. Not only will the year-round use of E15 significantly reduce emissions and improve air quality, it will also provide billions of dollars in savings as Americans fill their gas tanks.
“BIO thanks EPA for engaging with our organization on this rule and looks forward to the continued growth and development of cellulosic biofuels.”
BIO estimates year-round availability of E15 could save U.S. drivers approximately $9.5 billion per year and that summer use of E15 could save between 7 million and 10.4 million metric tons of CO2 equivalent GHG emissions, which is equivalent to taking 1.4 to 2.2 million cars off the road over a 10-year period.