Vermont Business Magazine Representatives Bob Goodlatte (R-Virginia), Peter Welch (D-Vermont), and Steve Womack (R-Arkansas) released the following statement on President Trump’s proposal to lift a federal ban on summer sales of gasoline containing 15 percent ethanol. The limit now is 10 percent. Welch, among others, had been an early supporter of ethanol until the repercussions of using corn for fuel became evident.
“Efforts to prop up the ethanol industry have been a well-intentioned flop, and today’s announcement from the current administration will profoundly impact consumers. By proposing to allow the sale of high-level ethanol blends during summer months, the administration has chosen to support a one-sided solution that further helps ethanol producers while punishing hardworking Americans.
“U.S. families, food producers, businesses, and livestock farmers stand to experience the harmful impacts of more ethanol forced on the market through detrimental effects on vehicles, small engines, feed prices, and energy sustainability. Our coalition has worked to develop an array of bipartisan initiatives to reform the Renewable Fuel Standard in a comprehensive manner. We urge the administration to reconsider this proposal and to allow Congress the opportunity to advance legislative solutions that truly work for all stakeholders.”
Source: Welch 10.10.2018