The challenge to American agriculture to produce more food, fuel, and fiber on decreasing acreage continues to be challenged by governmental regulation, according to Gary Baise, agricultural lawyer with Olsson, Frank, Weeda, Terman, Bode, and Matz law firm in Washington, D.C.
At a recent GROWMARK FS Green Plan Solutions “In Pursuit of Maximum Yields” conference in East Peoria, Baise talked about some of those challenges, including the impact of policy on the ethanol industry.
During an interview after his presentation, Baise said ethanol production is increasing under the Renewable Fuels Standard (RFS2) passed in the energy bill by Congress and being implemented by EPA. “At the end of the day, this is all about a policy that can change,” he said. “Right now the policy is burn fuel that we can grow and the American farmers have responded to that magnificently.”
“Government policy is driving the demand for ethanol,” he added. “It’s risky, risky, risky. But, as they say on Wall Street, don’t fight the tape.” Baise believes that until Congress or the administration changes direction, “ethanol’s going to be around for several years to come.”
Listen to my interview with Gary Baise here: Gary Baise Interview