More groups weigh in on RFS
At 25x'25, project coordinator Ernie Shea says "Because 25x’25 is so deeply rooted in agriculture, the Alliance understands the severity of the drought conditions and has great empathy for the crop and livestock producers who are suffering from its impacts this year. However, 25x'25 believes the RFS is a principal driver of the U.S. pursuit of alternative, clean and domestically produced transportation fuels – a pursuit that originally stemmed from a belief among policymakers that current methods of powering our vehicles were unsustainable and presented a risk to our national security.
"There is no current evidence that compliance with the RFS is causing severe economic harm, nor is there evidence that cutting back the RFS will improve the economic conditions of the states or the industries for which these waiver requests were filed.
"In fact, 25x'25 believes that cutting back the RFS would make very little difference in corn prices. However, setting aside ethanol requirements would likely keep gasoline prices higher and reduce the supply of the cost-competitive, high protein feed co-product of the ethanol production process, dried distillers grains with solubles (DDGS), used by many livestock producers.
For a detailed analysis of the possible effects of an RFS waiver, read “Will waiving RFS solve the problem for livestock feeders?” on Drovers/CattleNetwork.