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Keyword: nonexistentbiofuel

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  • The EPA once again raises its biofuels standards — for biofuels that still do not exist

    01/31/2013 7:06:34 PM PST · by Nachum · 8 replies
    HotAir ^ | 1/31/13 | Erika Johnsen
    The Environmental Protection Agency’s brazen contempt for free-market economics evidently knows no bounds. Less than a week ago, the Environmental Protection Agency received a slap on the wrist from a federal appeals court that ruled that the EPA may not force oil companies to pay for an credits for failing to comply with a rule mandating that they incorporate a certain amount of cellulosic biofuels into their product. The EPA estimated that the industry would produce and make available for purchase 8.7 million gallons of cellulosic biofuels in 2012, but the industry only actually produced less than 21,000 gallons —...