In yet another green folly, the lawless Environmental Protection Agency continues to fine gasoline producers for not using cellulosic biofuels in quantities that don't exist, making only more pain at the pump.
Last month, a federal court dealt a serious blow to the Environmental Protection Agency's renewable fuels push by ruling that the agency exceeded its authority by mandating refiners use cellulosic biofuels, which aren't commercially available. The EPA's lawless response in a lawless administration was to raise its requirements.
You can have peace. Or you can have freedom. Don't ever count on having both at once. - Robert A. Heinlein -
Tuesday, February 26, 2013
When the Government doesn't give a shit about the law
Example A: The EPA.
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In order to follow these renewable fuels mandates, the oil companies are going to have to massively cut back production. They will also have to spend billions and billions of capital to upgrade refineries and infrastructure. if they are really forced to folow through on this, it's going to be a disaster.
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