WASHINGTON – On Tuesday, July 23 at 9:45 am and continuing
into Wednesday, July 24 at 1:30 pm, the U.S. House Energy and Commerce
Committee’s Subcommittee on Energy Power will hold a hearing on the Renewable
Fuels Standard (RFS).
The hearing, “Overview of the Renewable Fuel Standard:
Stakeholder Perspectives,” will examine current challenges with RFS
implementation, the impact of the RFS on fuel producers, marketers and
consumers, and the Environmental Protection Agency’s administration of the RFS.
The hearing will also explore current and future impacts of the RFS on energy
markets, the agricultural sector and potential improvements to the RFS. Joe Petrowski,
CEO of The Cumberland Gulf Group, is providing testimony on behalf of NACS and
SIGMA at the hearing.
The
hearing follows a June 26 subcommittee hearing that reviewed government implementation of the RFS and also
comes on the heels of the committee’s release of a series of bipartisan white papers examining a range of emerging concerns with the
current statute. Each of the five papers solicited input from interested
parties and the committee has received an outpouring of responses.
Witnesses from nearly every stakeholder affected by the RFS, including
fuel users, developers and representatives from the agricultural and environmental
communities, will offer their feedback on the future of the RFS mandate. A list of the groups particiating is available online here and testimony will be available prior to the hearing.
Stay tuned to NACS Daily this week for more feedback from
the hearing.