Texas Representative Pete Olson, who sets on the House Energy and Commerce committee, has co-sponsored legislation that would add natural gas and coal to the list of acceptable alternative fuel sources under the Renewable Fuel Standard. Olson believes his bill would increase competition, stabilize food prices and enhance American energy security and global competitiveness.

HR 3773 would establish Domestic Alternative Fuel as an independent fuel category and list it within the regulations that specify volume obligations to meet the RFS. Olson believes broadening the number of feedstocks eligible within the RFS will enable greater capital investment in research and development and promote the construction of new domestic production facilities, creating American jobs.

Several Agriculture organizations have voiced their support for the legislation.  National Cattlemen’s Beef Association President Bill Donald says, the RFS has allowed the federal government to mandate corn-based ethanol production volumes, which has put cattlemen and other end-users of corn at a competitive disadvantage. Donald calls Olson’s bill – a step in the right direction. Grocery Manufacturers Association Director of Energy and Environmental policy Geoff Moody says – we must embrace innovative new technologies – which is what this bill would facilitate.

Courtesy: NAFB News