BIO welcomes White House National Climate Assessment.
Press Release Summary:
May 14, 2014 - BIO welcomes release of White House National Climate Assessment, because tools of biotechnology are necessary to help mitigate impacts of climate change on human health, energy, and agricultural production. According to recent BIO study, EPA's proposed rule for the Renewable Fuel Standard would increase carbon emissions for 2014 and significantly reverse progress U.S. has made in reducing carbon emissions from the transportation sector that is noted in the National Climate Assessment.
Original Press Release
2014 RFS Proposal is at Odds with White House National Climate Assessment, BIO Says
Press release date: May 6, 2014
BIO notes, however, that decreasing use of biofuels will automatically increase use of more carbon intensive petroleum sources. The Environmental Protection Agency (EPA) in November 2013 issued a proposed rule for the Renewable Fuel Standard that will for the first time decrease use of biofuels in the United States. A recent study from BIO demonstrates that this proposal would increase carbon emissions for 2014 and significantly reverse the progress the United States has made in reducing carbon emissions from the transportation sector that is noted in the National Climate Assessment.
Brent Erickson, executive vice president of BIO’s Industrial & Environmental Section, noted, “The White House National Climate Assessment says plainly that the transportation sector accounts for more than a quarter of U.S. greenhouse gas emissions, and hails the fact that between 2008 and 2012 those emissions were reduced. Yet, the White House recently proposed to reverse course on the only greenhouse gas reduction policy on the books today for transportation.
“The recent proposed rule for the 2014 RFS would increase emissions from the transportation sector and come very close to wiping out the reductions of the past four years. The emissions increase would be equivalent to putting 5.9 million more cars on the road. The White House still has a chance to change this negative outcome and to make a course correction before issuing a final rule for the 2014 RFS.”
BIO is the world's largest trade association representing 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. BIOtechNOW is BIO's blog chronicling “innovations transforming our world” and the BIO Newsletter is the organization’s bi-weekly email newsletter.” Subscribe to the BIO Newsletter.
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