August 8, 2015 marks the 10th anniversary of the Energy Policy Act of 2005 (EPAct) containing the original Renewable Fuel Standard (RFS) being signed into law by President George W. Bush.
In this “Ethanol Report” interview, Renewable Fuels Association president and CEO Bob Dinneen recounts the success of the RFS over the past decade and how it has changed energy, economic, and rural policy. Ethanol Report on RFS 10th Anniversary
Separate sound bites from the interview:
The first Renewable Fuel Standard was signed into law on August 8, 2005 as part of the Energy Policy Act and Renewable Fuels Association (RFA) president and CEO Bob Dinneen says he remembers that day very well.
Dinneen says when the first RFS was passed ten years ago, it had the full support of the oil industry.
According to Dinneen, it became obvious very quickly that the oil industry underestimated farmers and the ethanol industry.
Besides the oil industry, Dinneen notes that many of the same people who oppose ethanol today loved it ten years ago.