“Don’t mess with the RFS,” Republican Governor Terry Branstad warned, referring to Renewable Fuel Standards that require refiners to blend increasing amounts of ethanol into gasoline. “It is the Holy Grail, and I will defend it,” said Rep. Steve King, another Iowa Republican. It is vital for reducing carbon dioxide emissions and preventing dangerous climate change and weather extremes, said others.
Corn ethanol is big in Iowa, the March 7-8 Ag Summit kicked off the state’s 2016 election debates, big-time GOP donor Bruce Rastetter made his fortune from ethanol and hosted the event, and the first presidential primary will be held in Iowa. Moreover, Gov. Branstad’s son Eric directs the multi-million-dollar America’s Renewable Future campaign, which co-sponsored the summit and hopes to convince increasingly skeptical voters that the federal government must retain the RFS or even expand it.
Failure to back the RFS means sayonara to any White House hopes, candidates were told. Appropriately chastened, many normally free market proponents dutifully took to the podium to endorse the mandates.
Some cited national security as a justification. The RFS reduces demand for foreign oil, Jeb Bush asserted. Biofuels are a way for America to “fuel itself,” said Mike Huckabee. “Every gallon of ethanol … is one less gallon you have to buy from people who hate your guts,” Lindsay Graham added.
Others focused on allegedly unfair competition. Rick Santorum said the RFS helps ensure that other competitive products besides oil and natural gas “are allowed into [the energy] stream.” Scott Walker recanted his previous opposition and said someday the ethanol industry won’t need these mandates, but right now it “needs government assistance,” because “we don’t have a free and open marketplace.”
