Think tank releases treatise arguing against RFS

In Washington, Downsizing Government has issued a treatise arguing for the elimination of biofuel blending policies, taking aim at the Renewable Fuel Standard in general. It claims the top-down approach of a mandate rather than voluntary blending that would maximize consumer benefits instead distorts the economy and that Congress should therefore end it. The please includes higher food prices, poor environmental performance and higher pump prices as proof that the policy is negatively impacts the economy.