House Bill Aims To Tweak Renewable Fuel Standard

Law360, New York (May 15, 2009, 12:00 AM EDT) -- A bipartisan group of 43 lawmakers has signed on in support of a bill from Reps. Collin Peterson, D-Minn., and Frank Lucas, R-Okla., designed to overturn last-minute changes to the Renewable Fuel Standard passed in 2007 that allegedly limit biofuel development.

The RFS biofuel standards that were tacked on to the Energy Independence and Security Act of 2007 without congressional debate are unreasonable, Peterson said in a statement.

The standards set high fuel-blend goals and lifecycle greenhouse gas emission standards for the biofuel industry and restrict...
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