Supreme Court allows EPA to wreck car engines with E15 ethanol:
Dow Jones reports:
http://www.4-traders.com/CHICAGO-CORN-MAY-13-16213/news/U-S-Supreme-Court-Won-t-Consider-Ethanol-Challenge-17040497/
-The Supreme Court on Monday refused to consider legal challenges by several industry trade groups to an Environmental Protection Agency move to expand ethanol use in the U.S.
Trade groups for food producers, the oil and gas sector and the auto industry all sued to contest a pair of EPA decisions that allowed the sale of gasoline blends containing 15% ethanol. The agency regulates fuels based on the pollution they create.
Currently, most of the U.S. gasoline supply contains 10% of the renewable fuel.
The EPA’s move handed a partial victory to ethanol manufacturers, which had pushed the agency to allow the higher blends. The agency allowed the so-called E15 fuel for use in vehicles dating back to the 2001 model year, but not for older cars and trucks.
The various trade groups alleged they would suffer a variety of harms from the increased ethanol use.
For example, members of the food industry argued it would cost more to make and distribute food products because the introduction of E15 fuel would increase demand–and prices–for corn, which is used to make most ethanol.
The auto industry alleged the new fuel could damage vehicle engines, prompting consumers to bring warranty and safety claims against car makers. Petroleum refiners and importers said the introduction of E15 would force them to incur substantial costs.Read more…
http://www.4-traders.com/CHICAGO-CORN-MAY-13-16213/news/U-S-Supreme-Court-Won-t-Consider-Ethanol-Challenge-17040497/
Comments
Post a Comment