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Commentary: How the Renewable Fuel Standard Failed by Succeeding

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Check out my latest commentary at Conservative Review, titled, “How the Renewable Fuel Standard Failed by Succeeding.”

Here is a quick preview:

In publishing its proposed standard for renewable fuels in the Federal Register on June 10, the Environmental Protection Agency (EPA) ignored the wisdom of King Solomon and issued a proposed standard that essentially splits the baby in half by tinkering with a fundamentally flawed law.

Stuck with trying to implement a law that slammed into technical barriers, the EPA modestly increased the amounts of renewable fuels refiners are required to blend over previous years but these levels fall below the amounts mandated by law.

EPA’s half measures drew immediate criticism from the warring industries affected by the agency’s decision. The biofuel industry is outraged over the lower production levels while the oil industry, which is being forced to integrate biofuels into its energy infrastructure, wants the entire law scrapped.

The inability for the federal government to kill the Renewable Fuel Standard (RFS) program is a perfect illustration of what President Reagan meant when he said “The nearest thing to eternal life we will ever see on this earth is a government program.”

As Reagan knew, centrally planned command and control government solutions are doomed to fail and the RFS serves as a classic example. But in D.C., unlike the private sector, failure does not translate into the death of a program.

Read the rest of the commentary at Conservative Review here. 

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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