Washington, D.C. - U.S. Senators Pat Toomey (R-Pa.) and Dianne Feinstein (D-Calif.) are working together to end an egregious form of corporate welfare that hurts the environment and drives up the cost of everything from gasoline to groceries.
The Toomey-Feinstein Restore Environmental Sustainability to Our Renewable Energy (RESTORE) Act abolishes the corn ethanol mandate in the Renewable Fuel Standard (RFS).
"The ill-conceived RFS forces American motorists to buy billions of gallons of corn ethanol each year," said Senator Toomey. "This heavy-handed federal mandate drives up the price of gas and food, damages engines, and harms the environment. I hope all my colleagues will join this bipartisan effort."
"The federal corn ethanol mandate increases the cost of food and animal feed and contributes to climate change and it should be phased out," said Senator Feinstein. "We need to instead transition to advanced, lower carbon fuels for our transportation needs."
Senator Susan Collins (R-Maine) is also an original cosponsor of the legislation.
The RFS, first enacted in 2005, requires refiners and blenders to use over 19 billion gallons of renewable fuel this year. Approximately 80 percent of this total will be met by the use of corn ethanol.
There are three key problems with continuing to mandate the consumption of more and more corn ethanol each year: