Lawmakers Introduce Legislation To Repeal Ethanol Mandate - aftermarketNews

Lawmakers Introduce Legislation To Repeal Ethanol Mandate

Representative Bob Goodlatte (R-Va.) and a bipartisan group of legislators have introduced two bills that aim to alter the Renewable Fuels Standard (RFS).

From AAIA Capital Report
 
Representative Bob Goodlatte (R-Va.) and a bipartisan group of legislators have introduced two bills that aim to alter the Renewable Fuels Standard (RFS). Originally passed by Congress prior to the recession, the RFS requires gasoline sold in the U.S. to contain a minimum amount of renewable fuel, most of which happens to be the corn-based ethanol. However, given that an increasing amount of corn continues to be diverted to ethanol creation rather than toward other uses like livestock feed, opponents of the RFS highlight the increased costs placed on businesses and consumers.
 
According to Rep. Goodlatte’s statement, his first bill, the RFS Elimination Act, “eliminates the RFS and makes ethanol compete in a free market.” His second bill, the RFS Reform Act, would simply cap the amount of ethanol added to gasoline at 10 percent. EPA has issued rules that would permit up to 15 percent ethanol on 2001 and later vehicles; a decision that has been sharply criticized by car companies and small engine manufacturers, who charge that these high levels of ethanol will cause severe engine damage.
 
Those representing the ethanol industry continue to defend the RFS by emphasizing the reduced cost to consumers at the pump while attacking the oil industry for trying to eliminate the viable, competitive alternative fuel that is ethanol.
 
Goodlatte’s press release can be found here.

 
 

You May Also Like

SEMA Urges Members to Support Tax Relief Bill

The Tax Relief for American Families and Workers Act of 2024 benefits specialty automotive aftermarket businesses, according to SEMA.

SEMA Action Network

SEMA is encouraging its members to reach out to their representatives and ask for their support on H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. The bill, which The U.S. House of Representatives is expected to vote on this week, benefits specialty automotive aftermarket businesses, according to SEMA, by allowing for the immediate expensing of R&D and investments in equipment and increasing the small business expensing cap by nearly 30%.

ASA Endorses Bipartisan Tax Framework

The Automotive Service Association says the legislation is beneficial for independent automotive repair businesses.

Industry Partners Urge Congress to Pass R&D Deductibility Fix

“Congress must restore this tax provision to enhance U.S. competitiveness, job creation and innovation as soon as possible,” said Ann Wilson, MEMA’s executive vice president of government affairs.

Legislators Challenge Vehicle Data Access ‘Double Standard’

Rep. Marie Gluesenkamp Pérez joined other legislators in sending a letter to NHTSA about proposed guidance for implementing the Massachusetts Right to Repair law.

House Passes Bill to Stop EPA Emissions Mandate

The U.S. House passed the “Choice in Automobile Retail Sales (CARS) Act” (H.R. 4468) with bipartisan support.

Opposition Grows for California’s Mandate Banning New Gas-Powered Vehicle Sales

Other Posts

U.S. House Schedules Vote to Stop EPA Emissions Mandate

The SEMA-supported bill would prohibit the EPA from finalizing federal emissions standards for light- and medium-duty motor vehicles model years ’27 to ’32.

emissions
Section 301 Tariffs & Circumvention: A Closer Look

There’s buzz suggesting that these tariffs are likely here to stay, possibly with even steeper charges on specific items.

Maine Voters Overwhelmingly Back Right to Repair

Over 80% of Mainers voted “yes” to ensure that they and their repair shops can access vehicle diagnostic tools and data.

AAPEX Keynote: Right to Repair Takes Center Stage

While there are headwinds, Congressional support is moving the REPAIR Act forward.

Right to Repair AAPEX