The Energy Independence and Security Act of 2007 was signed 10 years ago this week, with the intent of moving the United States “toward greater energy independence and security, to increase the production of clean renewable fuels, to protect consumers” under the expansion of the Renewable Fuel Standard created in 2005 and known as RFS2.
The Renewable Fuels Association is drawing attention to the successes of the RFS on this anniversary with ads in Politico Morning Energy all week and a #thankyouRFS campaign on Twitter to highlight all the consumer benefits of the RFS, such as reduced greenhouse gas emissions, less dependence on foreign oil, and greater choice at the pump.
Growth Energy CEO Emily Skor says the milestone marks a decade of innovation. “The vital and increasing role of biofuels in America’s fuel supply are yielding real-world results that touch people’s lives every day,” she said. “On this keystone anniversary, our industry remains passionate about what the next 10 years holds.”
American Coalition for Ethanol (ACE) CEO Brian Jennings is very optimistic about the future. “I have every confidence that in 10 years from now our market share will grow from 10 percent of gasoline demand today to between 20 and 30 percent of the market, based on vehicle emission standards and demand for low-carbon fuel as the U.S. comes to grips with the fact that we need to do more to reduce CO2 emissions from the transportation sector.”
The EISA was signed on December 19, 2007 by President George W. Bush.