The following scenario is bizarro world, even for this administration. The Energy Independence and Security Act of 2007 (EISA) was enacted to reduce the U.S. dependence on oil from foreign enemies. It was also intended to improve the efficiency of motor vehicles and increase the use of renewable energy.
The plan was to have fuel companies blend cellolosic biofuel (whatever that is) into domestic gasoline and diesel by 2011. Unfortunately, the technology hasn’t caught up yet. Cellulosic biofuels only exist in small quantities in a few research companies because it’s too expensive to produce. One company already went out of business trying to produce this stuff.
So, the companies can’t comply with this law.
The EPA, in their infinite bureaucratic wisdom, won’t let that stop them from imposing fines on fuel companies who fail to meet the guidelines AND if the companies don’t find a way to get their hands on this expensive biofuel, they will pay even stiffer fines… Read more: NY times