Renewable Fuels Mandates Harm the Environment, Consumers, and Taxpayers Open Access
The House Committee on Energy and Commerce last week issued the first in a series of white papers examining the renewable fuel standard (RFS) that was created by the Energy Policy Act
of 2005 and greatly expanded under the Energy Independence and Security Act of 2007. This bipartisan review is welcome. Fuel mandates and subsidies harm the environment, consumers, and taxpayers. They discourage innovation, and encouraging political rent-seeking, and Congress should eliminate them.