(MENAFN- Investors Ideas) (Investorideas.com renewable energy stocks newswire) The following is a statement from Maryland farmer Chip Bowling, president of the National Corn Growers Association, in response to today's announcement by the U.S. Environmental Protection Agency (EPA) of the renewable volume obligations under the Renewable Fuel Standard.
"America's corn farmers are proud to grow a cleaner burning, renewable fuel source for America and the world. In July, we asked the Environmental Protection Agency to restore the 2014-16 corn ethanol renewable volume obligation to comply with the Renewable Fuel Standard as passed by Congress and signed into law.
"While we are pleased to see the EPA take a step forward and revise its original proposal, the fact remains that any reduction in the statutory amount will have a negative impact on our economy, our energy security, and the environment. It is unfortunate that Big Oil's campaign of misinformation continues to carry weight in the court of public opinion, and in this decision.
"The Renewable Fuel Standard has been one of America's most successful energy policies ever. Because of it, our economy is stronger, we are more energy independent, and our air is cleaner. We should be strengthening our commitment to renewable fuels, not backing down.
"In light of the EPA's decision, we are evaluating our options. We will fight to protect the rights of farmers and consumers and hold the EPA accountable."
Founded in 1957, the National Corn Growers Association represents more than 40,000 dues-paying corn farmers nationwide and the interests of more than 300,000 growers who contribute through corn checkoff programs in their states. NCGA and its 48 affiliated state organizations work together to create and increase opportunities for corn growers. For more information, visit www.ncga.com.
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