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Statement
by U.S. Senator Dianne Feinstein "It is critical
that California's water supply be protected from contamination by the
toxic gasoline additive MTBE. Unfortunately neither the Bush Administration
nor Congress has provided the State the necessary waiver to permit its
elimination without the risk of fuel shortages and price spikes.
The State has
demonstrated that Federal Clean Air Act standards could be met without
the year-round addition of oxygenates such as MTBE and ethanol. But
while the Energy Bill now before the Senate includes at least 39 pages
of provisions helping ethanol and MTBE producers, the legislation creates
serious problems for California.
Governor Davis
was right to order the phase out of MTBE by December 2002. MTBE is an
animal carcinogen and a possible human carcinogen. It has contaminated
the groundwater at more than 10,000 sites in California. Yet the Governor
has little choice but to extend the phase-out.
A California
Energy Commission report, released yesterday, demonstrates, gasoline
prices could soar to $3 or more if MTBE is phased out without the waiver
from the 2% oxygenate requirement. This could have a disastrous impact
on California's economy.
In the wake
of the Bush Administration's refusal to grant a waiver, we had hoped
for legislative relief from Congress. However, the Energy Bill now before
the Senate would replace the oxygenate requirement with an egregious
new ethanol mandate that could leave California open to fuel price spikes,
gasoline shortages and possible environmental contamination.
While the bill
would give California a waiver from the MTBE requirement, it would also
mandate that the State use three times the amount of ethanol it needs
to meet Clean Air Standards by 2012 or pay into a ethanol credit exchange
that would also drive up gasoline prices at the pump.
The bill, sponsored
by Majority Leader Tom Daschle (D-S.D.), would mandate that California
use 276 million gallons of ethanol in 2004 or pay for not using the
ethanol. This mandate would increase to 600 million by 2012.
This mandate
forces Californians to use additives we do not need to meet Clean Air
Act standards, and it creates major problems for our State.
Senator Boxer
and I plan to go to the Senate floor to try to amend the ethanol mandate.
At the very least, California should have more time to establish the
infrastructure needed to meet the ethanol requirements.
I am also concerned about potential price manipulation since the ethanol industry is very concentrated in a small number of firms. As the General Accounting Office pointed out last week, the Archer Daniels Midland Company has a 41 percent share of the ethanol market and the top eight firms combined have a 71 percent share of the market. This increases the possibility of an Enron-like situation in which California could be at the mercy of a giant, out of state corporation." ###
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