President Obama needs to give EPA Administrator Lisa Jackson an ultimatum: Waive the requirement in the Renewable Fuels Standard (RFS) established in the Energy Policy Act of 2005 mandating ethanol blending in motor fuels now, or hit the road Jack-son.
RFS, signed into law by George W. Bush and supported by then-Senator Barack Obama, was a dud from the beginning because it was based on an assumption. (You know what they say about assumptions.) Congress was led to believe most of the ethanol would be derived from inedible substances rather than corn. Seven years in, and billions of research dollars later, nothing has changed — except the more we learn about ethanol, the less we like it. Corn-based ethanol drives up food prices locally and globally, reduces gas mileage performance and produces more greenhouse gas than petroleum.
Even green energy gazillionaire and former Vice President Al Gore admitted corn-based ethanol was a foolish endeavor