The Renewable Fuel Standard and Importance of Energy Security

Monday at the 2015 Energy Independence Summit, Growth Energy CEO Tom Buis participated in the “Strategies for Advancing Alternative Fuels Policies” panel. Among the issues Buis discussed was the critical role the Renewable Fuel Standard (RFS) plays in achieving energy independence.

“The RFS has been the most successful energy policy this nation has enacted in the last forty years,” Buis noted. “It has helped reduce our dependence on foreign oil by nearly 50 percent, it is cleaner and better for our environment, it creates American jobs that cannot be outsourced, supports a robust rural economy and in 2014 it contributed more than $50 billion dollars to our GDP. Furthermore, it provides the American consumer with a choice and savings when they go and fill up at the pump.”

Attendees of the Energy Independence Summit are scheduled to meet with members of Congress this week and Buis concluded by encouraging attendees to, “Educate members of Congress on how the RFS plays a critical role in achieving energy security and independence. Explain that is working, and succeeding in reaching the goals it was designed to meet. Now is the time to move forward, not backward on policies that promote renewable energy.”

Source: Growth Energy

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