Renewable Fuel Standard (RFS)

Download or read book Renewable Fuel Standard (RFS) written by Randy Schnepf and published by DIANE Publishing. This book was released on 2011-05 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal policy has played a key role in the emergence of the U.S. biofuels industry. Policy measures include minimum renewable fuel usage requirements, blending and production tax credits, an import tariff, loans, and research grants. This report focuses on the mandated minimum usage requirements, the RFS, whereby a minimum volume of biofuels is to be used in the national transport. fuel supply each year. It describes the general nature of the RFS mandate and its implementation, and outlines some emerging issues related to the sustainability of the continued growth in U.S. biofuels production needed to fulfill the expanding RFS mandate, as well as the emergence of potential unintended consequences of this rapid expansion. A print on demand report.