In a draft ruling today from the Environmental Protection Agency, ethanol was hailed for its ability to improve our environment and end America’s dependence on foreign oil. Here are some facts:
- In order to help secure America’s energy independence, the EPA rule calls for the production of 15 billion gallons of ethanol by 2015.
- The rule from the EPA concludes that grain-based ethanol reduces direct greenhouse gas emissions by more than 60% compared to gasoline.
- Additionally, the EPA reports that increasing production of biofuels will reduce dependence of foreign oil by more than 297 million barrels per year.