Obama's support for RFS is key for biofuel industry

04/18/2013 | National Journal

Although there is a long list of groups calling to reform or repeal the Renewable Fuel Standard, there is no single coalition like the one that was at the forefront to end the ethanol blender's tax credit in 2011. "Our reasons for all agreeing the corn-ethanol tax credit was a bad idea just didn't extend to the rest of the biofuels market," said Nathanael Greene, director of renewable-energy policy at the Natural Resources Defense Council, which would prefer that the RFS be reformed rather than abolished. The list of RFS supporters is shorter, but it includes President Barack Obama, whose home state of Illinois is an important producer of ethanol, Amy Harder writes.

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