The Ethanol Mandate: Don’t Mend It, End It
Praised as a policy that would reduce dependence on oil and reduce greenhouse gas emissions, the Renewable Fuel Standard (RFS), which requires refineries to blend ethanol into gasoline, has been fraught with unintended consequences. The RFS mandates the use of an inefficient fuel, drives up food prices, and causes adverse environmental effects. The 2012 drought and problems meeting the quotas in the RFS have put the program under the political microscope. The Heritage Foundation’s Nicolas Loris explains how the only true reform to the Renewable Fuel Standard is to eliminate it, and why Congress should repeal the costly and unnecessary mandate.