U.S. Agriculture Secretary Tom Vilsack said this week at the start of the National Clean Energy Summit that he is confident that the final 2014 Renewable Fuel Standard will be better for biofuels than what EPA had initially proposed last year.
According to Politico – when talking to reporters, Vilsack referred to EPA Administrator Gina McCarthy’s remarks earlier this week indicating that the required blending volumes will rise, adding “Americans are indeed using more fuel than six, eight, nine, 12 months ago, and that’s obviously going to translate to additional opportunities in the RFS.”
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Former National Chicken Council Chairman Mike Welch, speaking on behalf of the National Chicken Council, called on Congress Wednesday to slash the amount of ethanol required to be added to motor gasoline as a way of cooling the red-hot demand for corn that has driven the industry’s biggest single cost to unprecedented highs.
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In a hearing of the Senate Environment and Public Works Committee this week, Secretary of Agriculture Tom Vilsack testified that policies on ethanol should be revisited by Congress, but warned that simply ending the Volumetric Ethanol Excise Tax Credit (VEETC) would “create a cliff” that would lead to significant job loss.
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