"WASHINGTON, DC -- Eight U.S. biofuel industry organizations have formed a new coalition to defend the nation’s Renewable Fuel Standard and to advocate for domestic production of advanced biofuels. Their first fight is against a movement by members of the House of Representatives who are pressuring the Obama Administration to waive the federal Renewable Fuel Standard."

"Under the RFS, enacted in 2005, a minimum volume of biofuels such as ethanol must be used in the national transportation fuel supply each year. The U.S. Dept. of Agriculture says 43 percent of the U.S. corn crop is used to make the ethanol upon which the volume goals of the Renewable Fuel Standard are based."

Environment News Service had the story August 8, 2012. [2]

SEE ALSO:

"Another Jolt to Global Food Prices" (Green/NY Times) [3]

"Drought Tightens Grip on Top US Farm States: Climatologists" (Reuters) [4]

"Drought, Food Prices Fan Fears of New Crisis" (Reuters) [5]