DuPont Calls on Congress to Protect Renewable Fuel Standard
Jan Koninckx, global business director for biorefineries at DuPont, called on Congress to preserve the Renewable Fuel Standard in testimony before the Senate Agriculture Committee on April 8.
Koninckx delivered his testimony as part of a committee hearing on advanced biofuels’ role in creating jobs and lowering gasoline prices. He emphasized the scope of the opportunity and also how quickly the promise of biofuels has been realized.
“The bottom line here is that driven by the RFS, we have completely re-imagined how we fuel our planet,” he said. “We do so with renewable resources without adding any additional CO2 into the atmosphere. It is a remarkable achievement. And when you look at this from the perspective of a science company – this has actually gone quite fast.”
Since the RFS was enacted, renewable fuel accounts for 10 percent of the U.S. gasoline supply, Koninckx said. It also has lowered greenhouse gas emissions by 33.4 million metric tons, added $500 billion in value to America’s farmlands and lowered gas prices by $1.09 per gallon, he said.
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