It comes as no surprise that the Renewable Fuels Association is very pleased with the Bush Administration’s Renewable Fuels Standard announced today.

In a press release, RFA Chairman Ron Miller of Aventine Renewable Energy called the RFS “a watershed piece of legislation for the U.S. ethanol industry.”

“It has provided our industry a solid foundation from which to grow and the results speak for themselves. Today’s ethanol industry is supporting 160,000 new jobs, reducing greenhouse gas emissions and lessening our reliance on imported oil. The EPA and Administrator Johnson are to be commended for their efforts to get this program fully implemented.”