EPA's RFS cuts would stymie biofuels growth, Purdue ag economist says
November 21, 2013
The U.S. Environmental Protection Agency's new plan to reduce the required amount of biofuels to be produced in 2014 by 2.94 billion gallons would reduce incentive for biofuels growth, Purdue University energy policy specialist Wally Tyner says.
Tyner, the James and Lois Ackerman Professor of Agricultural Economics, commented on the EPA's proposal to trim total production of biofuels from the current mandate of 18.15 billion gallons to 15.21 billion. Tyner recommends the total be set at 16.4 billion.Read Full Story