Renewable Fuels seem like such a good idea to me. After all, fossil fuels are a finite resource, right? We grow lots of corn and other biofuel feedstocks. Why can’t we use some of them to stretch our fuel supply even further into the future? That’s rhetorical, of course. Big Oil has lots of money. One University of Illinois Professor says that money has put Big Oil squarely in the driver’s seat with the Environmental Protection Agency.
The clash between the ethanol and oil industries over the Renewable Fuels Standard is continuing with no end in sight. Scott Irwin of the Agricultural and Consumer Economics Department at the University of Illinois says there may not be a “win-win” deal in a debate like this.
Irwin wrote an article on the University of Illinois’ farm doc daily website called “Clearing the Logjam on the RFS and SREs: A Simple Proposal.” His idea would divide the refiners into large and small operations, while the ethanol proponents are treated as one group.
By doing it that way, the Environmental Protection Agency won’t be waiving any future volumes of ethanol. He realizes that the large refiners won’t be happy with his proposal, which Irwin says restores what the RFS was originally designed to do.
Irwin says his solution would satisfy two-thirds of the people and groups involved in the debate, which might be the best we can do. By way of comparison, the current situation is a mess.
Again, Scott Irwin is with the University of Illinois. Follow the link here if you’d like to read his full report on the Farm Doc Daily website.
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