NCCR executive director notes RFS is a flawed law that unfairly distorts the market at the expense of chain restaurants, consumers and everyone else involved in the food supply chain.
The National Council of Chain Restaurants (NCCR) expressed its disappointment over Environmental Protection Agency’s decision not to grant a waiver of the Renewable Fuel Standard mandate.
“This year’s catastrophic drought seriously reduced corn yields and has lead to a situation where the RFS’ unsustainable mandates force ethanol fuel to commandeer a shrunken pool of available corn for food and livestock feed,” said Executive Director Rob Green in a statement. “The RFS statute provides a safety valve—in the form of a waiver—for precisely this kind of situation, but the EPA has failed to let it work. We will now face higher prices as a result.”
NCCR plans to continue to press the case to policymakers, taking the stance that the RFS is a flawed law that unfairly distorts the market at the expense of “chain restaurants, our consumers and everyone else involved in the food supply chain.”
NCCR members include some of the country’s largest and most respected quick-serve and casual dining companies, and is a division of the National Retail Federation, the world’s largest retail trade group.