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Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u Jul 26, 2013 2:25 PM Flag

    Growing first and second generation renewable fuels

    Growing first and second generation renewable fuels

    Anna Rath and Adam Monroe - 07/26/13 12:00 PM ET

    While there is a lot of back-and-forth in Washington about the Renewable Fuel Standard (RFS), there is just one fundamental choice at the heart of the debate: do we want alternatives to oil, or not?

    As Congress holds hearings, Members must ask themselves: should we cleave to the status quo or pursue innovative new energy sources? Can Americans live with massive oil spills or do they deserve access to cleaner, safer fuel sources? And lastly, should consumers continue to hand their hard-earned money over to the oil monopoly or will they instead be able to reap the benefits of fuel diversity?

    The oil lobby is trying to obscure with half-truths those very real choices for our energy future. The good news is that the RFS, if left intact, will keep generating future groundbreaking renewable fuel options for all consumers โ€“ who will benefit from savings at the pump. The innovation that produced first-generation renewable fuel paved the way for the advanced fuels being developed and commercially-scaled today. However, the key to ensuring future growth is continued investment and support from companies, including traditional ethanol producers, and the market confidence derived from a strong, stable federal policy: the RFS.

    Traditional ethanol producers are not only making significant contributions to consumers in this country โ€” by helping to reduce the cost of gas and displacing oil imports by 10% โ€“ but they have also developed a new biorefining capability in this nation.

    This capability, which has been developed to such a high level that the American ethanol industry now supports over 365,000 jobs, comes from years of technological development, research, and proven ability to scale up volumes and bring down prices. This skill set makes first generation renewable fuel companies perfect candidates to tackle the challenge of creating large volumes of cellulosi

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