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Tuesday, June 13, 2017

BIO, ABBC Members Ask Senators to Support Summertime E15 Use

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WASHINGTON–(BUSINESS WIRE)–#RFS–More than 25 advanced biofuel producers and trade associations today

sent a letter to members of the Senate Environment and Public Works

Committee, asking them to support the Consumer and Fuel Retailer Choice

Act (S.517), the Biotechnology Innovation Organization (BIO) and

Advanced Biofuels Business Council (ABBC) announced.

Under current law, fuels containing 15 percent ethanol (E15) cannot be

sold during the summer driving season in many states. In 1990, Congress

limited the amount of evaporative emissions from vehicle fuel at 9

pounds per square inch (psi) Reid Vapor Pressure (RVP). At the time,

Congress specified that fuel with 10 percent ethanol (E10) would receive

a 1 psi RVP waiver, in recognition of E10‘s overall lower emissions

profile. The Consumer and Fuel Retailer Choice Act will extend the RVP

waiver to ethanol blends above 10 percent.

The letter states, in part:

“This legislation is vital to the advanced biofuels industry, which is

making significant progress in expanding production of advanced and

cellulosic biofuels. Fixing the RVP issue will ensure that E15 can be

sold year round in any state where E15 is approved and give our advanced

and cellulosic fuels an opportunity to compete at the pump.

“Moving to E15 not only reduces the cost of gasoline by between 5 and 15

cents per gallon, but also reduces emissions harmful to the environment.

Recent analysis from the Biotechnology Innovation Organization indicates

that in just the summer months E15 can reduce GHGs equivalent to taking

2.1 million vehicles off the road. In addition to the environmental

benefits, the Energy and Environmental Studies Institute has written

that E15 can lower the public health impacts from transportation

emissions like cancer and asthma.”

BIO’s recent analysis, “GHG Benefits of the Consumer and Fuel Retailer

Choice Act,” is available at http://ift.tt/2rk64tV.
The

analysis demonstrates that:

  • Over the next 10 years, summer use of E15 can save between 7 million

    and 10.4 million metric tons of CO2 equivalent GHG emissions.
  • The savings are equal to taking 1.4 million to 2.2 million cars off

    the road over the 10-year period.

About BIO

BIO is the world’s largest trade association representing biotechnology

companies, academic institutions, state biotechnology centers and

related organizations across the United States and in more than 30 other

nations. BIO members are involved in the research and development of

innovative healthcare, agricultural, industrial and environmental

biotechnology products. BIO also produces the BIO

International Convention
, the world’s largest gathering of the

biotechnology industry, along with industry-leading investor and

partnering meetings held around the world. BIOtechNOW

is BIO’s blog chronicling “innovations transforming our world” and the

BIO Newsletter is the organization’s bi-weekly email newsletter. Subscribe

to the BIO Newsletter
.

Upcoming BIO Events

BIO

International Convention

June 19-22, 2017
San Diego,

CA

   

BIO

World Congress on Industrial Biotechnology

July 23-26,

2017
Montreal, Canada

Contacts

Biotechnology Innovation Organization
Paul

Winters
, 202-962-9237
Web: www.bio.org
Blog:
www.biotech-now.org
Twitter:
@IAmBiotech


BIO, ABBC Members Ask Senators to Support Summertime E15 Use was first posted on June 12, 2017 at 4:00 pm.
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June 13, 2017 at 04:06AM

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from 3BL Media Press Release

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