Friday, the Governor of Florida signed into law HB4001, a bill which repeals the state Renewable Fuels Standard (RFS). In a joint statement, Bob Dinneen, President and CEO of the Renewable Fuels Association and Tom Buis, CEO of Growth Energy, commented what this law really means for the state of Florida:
“As this country struggles to comeback from recent economic hardships, it is sad to watch a state legislate away good paying jobs in the renewable energy sector and the abundant economic opportunities that come along with them. This bill isn’t worth the paper it is printed on given that that the federal Renewable Fuels Standard (RFS) supersedes any state law. This toothless legislation might win favor with Big Oil supporters, but it has closed the door on job creation by the biofuels industry and sent investors packing for more visionary states. This is most definitely a lost opportunity for people of Florida.”
About Growth Energy
Growth Energy represents the producers and supporters of ethanol who feed the world and fuel America in ways that achieve energy independence, improve economic well-being and create a healthier environment for all Americans now. For more information, please visit us at www.GrowthEnergy.org, follow us on Twitter @GrowthEnergy or connect with us on Facebook.
About the Renewable Fuels Association
The RFA is the national trade association for the U.S. ethanol industry. Since 1981, the RFA serves as the voice of the ethanol industry, providing advocacy, authoritative analysis, and important industry data to its members, Congress, federal and state government agencies, strategic partners, the media and other opinion-leader audiences. For more information visit www.EthanolRFA.org.