Today, Congressman Sensenbrenner introduced legislation to sunset the Renewable Fuel Standard (RFS) after 2022 if the EPA waived specific volume requirements.
The Energy Independence and Security Act of 2007 created what is known as the “reset” section of the RFS. If the EPA Administrator waives applicable volumes of the RFS by at least 20 percent for two consecutive years, or by at least 50 percent for a single year, then the EPA is required to modify subsequent RFS volumes starting in 2016. Sensenbrenner’s RFS Sunset legislation is based on the reset section of the EISA of 2007.
Congressman Sensenbrenner: “The RFS mandates have proven to be an unworkable policy that requires constant updating by the EPA Administrator. In May, the EPA finally released the volume requirements for 2014; 18 months late. If that doesn’t prove that the RFS is bad policy, then I don’t know what does. We haven’t succeeded in repealing the RFS, so it’s time we look forward to a sunset.”