Study: Biofuels aren’t reducing gas prices or emissions
Jazz ShawPosted at 8:31 am on June 8, 2019
Now that the President has bent the knee to King Corn yet again, allowing year-round sales of E-15 blended gasoline, it’s probably worth our time to take a moment and figure out what all of this ethanol blending is really doing for us. The Renewable Fuel Standard (RFS) was pushed through under the Bush 43 administration at a time when rising gas prices and global warming were both weighing heavily on the minds of the public. Ethanol blending was touted as a way to fight both of those concerns.
So how has it worked out? According to the U.S. Government Accountability Office (GAO) it hasn’t done much on either score. The net effect on gas prices has been basically a wash and the changes have had only a negligible effect on emissions. (Bloomberg)
https://hotair.com/archives/2019/06/08/study-biofuels-arent-reducing-gas-prices-emissions/