Aemetis, Inc., a renewable fuels producer based in California, is calling on the California Air Resources Board (CARB) to introduce a 15% ethanol blend (E-15) in gasoline. This initiative could lead to significant reductions in gas prices for consumers and lower greenhouse gas emissions from vehicles. California stands as the sole state in the U.S. yet to adopt the E-15 blend, despite its approval by the Environmental Protection Agency (EPA) in 2011.
The proposal for E-15 adoption emerges as Governor Newsom convenes a special session of the state legislature to tackle the issue of high fuel prices in California. Research conducted by economists from UC Berkeley and the US Naval Academy indicates that implementing an E-15 blend could save California drivers $2.7 billion annually, equating to about $0.20 per gallon. This would mean an average household saving of approximately $200 per year on gasoline.
Environmental benefits accompany the economic advantages, with ethanol, sourced from renewable materials, producing 46% fewer air pollutants than gasoline. This reduction supports California's objective of achieving net carbon neutrality by 2045. A study commissioned by CARB revealed that E-15 could decrease emissions of harmful tailpipe pollutants, such as particulate matter and carbon monoxide, thereby improving air quality and public health.
Eric McAfee, Chairman and CEO of Aemetis, Inc., highlighted the urgency of this shift, remarking on the importance of utilizing all available tools to reduce fossil fuel emissions promptly. He pointed out that adopting E-15 offers an immediate solution that is both cost-effective and environmentally friendly.
The introduction of E-15 in California would advance the state's climate action objectives by diminishing reliance on fossil fuels and encouraging the use of renewable energy. The groundwork for E-15 implementation, including necessary testing, has already been completed, with billions of miles driven on E-15 across the country since its approval.
CARB possesses the capability to enact regulations permitting the sale of E-15 in California by 2025, offering a swift remedy to high gas prices and environmental concerns. Given that the transportation sector is responsible for 27 percent of US greenhouse gas emissions, increasing the ethanol blend in California could significantly curb emissions and gasoline consumption.
The potential adoption of E-15 in California presents a pivotal chance to tackle economic and environmental issues simultaneously. Serving as an interim measure, E-15 could deliver immediate benefits while the state progresses towards long-term strategies for zero-emission vehicles.
As the state legislature's special session deliberates on solutions to high gas prices, the push for E-15 implementation stands out as a practical and impactful measure. It promises to alleviate consumer burdens and support California's environmental aspirations, with the upcoming months being critical in deciding the state's stance on this renewable fuel option.
