Bill 118 hr 2778, also known as the Eliminating the RFS and Its Destructive Outcomes Act, is a piece of legislation introduced in the US Congress. The bill aims to eliminate the Renewable Fuel Standard (RFS), a federal program that requires transportation fuel sold in the United States to contain a minimum volume of renewable fuels.
The RFS was originally implemented to reduce greenhouse gas emissions and promote the use of renewable fuels. However, critics of the program argue that it has led to unintended consequences, such as higher food prices, increased land use for biofuel production, and negative impacts on the environment.
If passed, Bill 118 hr 2778 would repeal the RFS and prohibit the Environmental Protection Agency (EPA) from implementing any future renewable fuel volume requirements. The bill also includes provisions to ensure that existing renewable fuel production facilities are not negatively impacted by the repeal of the RFS.
Supporters of the bill argue that eliminating the RFS will help lower food prices, reduce the environmental impact of biofuel production, and allow for more market-driven solutions to energy and environmental challenges. Critics, on the other hand, believe that the RFS is an important tool for reducing greenhouse gas emissions and promoting the use of renewable fuels.
Overall, Bill 118 hr 2778 is a controversial piece of legislation that seeks to address the perceived negative outcomes of the Renewable Fuel Standard. Its passage would have significant implications for the future of renewable fuel production and the energy industry as a whole.