DuPont CEO asks Congress, White House to keep ethanol mandate

Source: Christopher Doering, Des Moines Register • Posted: Wednesday, May 14, 2014


The top executive with seed and chemical maker DuPont said Tuesday that Congress and the Obama administration must preserve a law requiring ethanol to be blended into the gasoline supply.

Ellen Kullman, DuPont’s chief executive, said in remarks Tuesday at the World Congress on Industrial Biotechnology in Philadelphia that the Renewable Fuel Standard reduces the country’s dependence on fossil fuels, creates jobs in rural America and produces environmental benefits. The Renewable Fuel Standard is a 2007 law that mandates a growing amount of ethanol to be blended into the country’s gasoline supply each year through 2022.

“Legislative and regulatory uncertainty has a direct impact on the growth of this industry,” Kullman said. “If the EPA issues an RFS rule with increasing biofuels volumes, supporting a stable regulatory environment, our industry can thrive. The Renewable Fuel Standard works, and Congress and the administration need to ensure its stability.”

DuPont’s agriculture operations, which include its Pioneer unit located in Johnston, Iowa, produce corn and soybean seeds and herbicides, among other products.

The EPA proposed last November cutting the mandate to 15.21 billion gallons for renewable fuels in 2014, down from 18.15 billion gallons initially required in the 2007 Renewable Fuel Standard. The agency is expected to set the 2014 mandate in June.