[Guest post by JD]
I really am struggling for the right adjective to describe this. It has been clear the the Obama EPA has absolute contempt for American jobs, the economy, the rule of law, and basic sanity.
Less than a week ago, the Environmental Protection Agency received a slap on the wrist from a federal appeals court that ruled that the EPA may not force oil companies to pay for an credits for failing to comply with a rule mandating that they incorporate a certain amount of cellulosic biofuels into their product. The EPA estimated that the industry would produce and make available for purchase 8.7 million gallons of cellulosic biofuels in 2012, but the industry only actually produced less than 21,000 gallons — and the court thankfully decided that the EPA could not inflict regulatory punishments based on their wildly enthusiastic and fanciful projections.
So, they just got done getting whacked in Court for trying to fine someone for not using something that essentially doesn’t exist, at least not anywhere near their projections. In a rational world, their mandates would mandate something that exists.
So, last year, their projection was around 8,700,000 gallons, when reality was around 21,000 gallons. The EPA projected approximately 415 times as much a reality allowed for.
What to do? Temper projections to match reality? Are you on crack?! This is the Obama EPA.
EPA raised how much cellulosic biofuel — those made from non-edible feedstock — it expected refiners to blend this year as part of the renewable fuel standard.
EPA set the mark at 14 million gallons of cellulosic biofuel, up from about 8.65 million gallons last year. …
I really would love it if someone could explain this.