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Senators support review of Renewable Fuel Standard Rule.


November 21, 2008 - According to BIO, U.S. EPA should implement new rules for Renewable Fuel Standard in timely matter that is consistent with goals of achieving energy security and addressing climate change priorities. BIO thanked Senators who sent letter to EPA Administrator urging agency to publish and seek comment on methodology it is using to estimate life cycle greenhouse gas emissions of biofuels, particularly those attributed to indirect land use change, as called for in Renewable Fuel Standard.


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BIO Thanks Senators for Supporting a Sound Scientific Review in Renewable Fuel Standard Rule

Biotechnology Industry Organization

Release date: November 19, 2008

WASHINGTON, D.C. (Wednesday, November 19, 2008) - The U.S. Environmental Protection Agency should implement new rules for the Renewable Fuel Standard (RFS) in a timely manner that is consistent with the goals of achieving energy security and addressing climate change priorities. The Biotechnology Industry Organization (BIO) today thanked Senators who sent a letter to EPA Administrator Johnson urging the agency to publish and seek comment on the methodology it is using to estimate the life cycle greenhouse gas emissions of biofuels, particularly those attributed to indirect land use change, as called for in the Renewable Fuel Standard.

The letter was submitted on Friday Nov. 14, 2008, and signed by Sens. Christopher Bond (R-Mo.), John Thune (R-S.D.), Ken Salazar (D-Colo.), Charles Grassley (R-Iowa), Norm Coleman (R-Minn.), and Ben Nelson (D-Neb.). The letter states:

"The methodology ultimately used by EPA in crafting this program will have a significant impact on the overall success of the program, and the science and methodology employed by EPA should be subject to thorough public and academic review. Likewise, the premature publication of specific greenhouse gas (ghg) emissions calculations based on incomplete ILU [indirect land use] assumptions could undermine the ultimate success of RFS-2 and be detrimental to U.S. biofuels producers and farmers, as it will undermine investor confidence and further deprive the industry of the investment capital it will need to meet the renewable targets established in RFS-2."

Brent Erickson, executive vice president of BIO's Industrial & Environmental Section, stated, "The EPA's rulemaking on the Renewable Fuel Standard could set a precedent for future regulation of greenhouse gas emissions under any carbon capping, trading, or taxing legislation and possibly for international agreements. The EPA must get this rule right. In the future many other industries could legitimately be assessed the same indirect land use penalty being considered for U.S. biofuels, and that should be a wakeup call about why this rulemaking needs to be scientifically sound.

"Good models do not yet exist to accurately measure land use changes and emissions. If the proposed rule contains numerical results published prior to the maturing of modeling tools, it could have a range of perverse effects, including discouraging and chilling investment and curbing U.S. production and use of all biofuels. Without a more sophisticated understanding of international land use change variables and interactions, a rule risks discouraging production of biofuels that truly do reduce U.S. greenhouse gas emissions and contribute to energy security.

"Our members in the biofuels industry agree that consideration of direct lifecycle greenhouse gas emissions is essential to identifying truly sustainable transportation fuel solutions. BIO's member companies are confident that if the RFS rulemaking is conducted with adequate scientific rigor, advanced biofuels can meet these standards and provide substantial benefits for the global climate."

For more information and a copy of the letter, visit http://www.bio.org/ind/epa/ or contact Paul Winters, director of communications, at 202-962-9237 or pwinters@bio.org.

BIO supports the production of biofuels from all feedstocks. Biotechnology is helping to increase corn yields and convert corn starch and crop residues into biofuels more efficiently. With ongoing advances in biotechnology, biofuels can help America meet nearly half its transportation-fuel needs by the middle of this century.

The Advanced Biofuels & Climate Change Information Center presents the latest commentary and data on the environmental, greenhouse gas and other impacts of biofuel production. Drop in and add your comments, at http://biofuelsandclimate.wordpress.com/.

Upcoming BIO Events

Advanced Business Development Course
November 14-16, 2008
Mannheim/Heidelberg, Germany

BIO-Europe 2008
November 17-19, 2008
Mannheim/Heidelberg, Germany

BIO-Asia Partnering Conference 2009
January 19-20, 2009
Tokyo, Japan

BIO CEO & Investor Conference 2009
February 9-10, 2009
New York, New York

BIO-Europe Spring
March 16-18, 2009
Milan, Italy

BIO Windhover 2009
April 13-15, 2009
New York, New York

2009 BIO International Convention
May 18-21, 2009
Atlanta, Ga.

BioEquity Europe
June 9-10, 2009
Munich, Germany

World Congress on Industrial Biotechnology & Bioprocessing
July 19-22, 2009
Montreal, Quebec, Canada

About BIO
BIO represents more than 1,200 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world's largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world.

Contact:
Contact Paul Winters
202-962-9237

Contacts:
General Information:
Paul Winters Director of Communications
USA
Phone: 202-962-9237

Company Information:
Name: Biotechnology Industry Organization
Address: 1201 Maryland Ave., SW, Ste. 900
City: Washington
State: DC
ZIP: 20024
Country: USA
Phone: 202-962-9200
http://bio.org


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