Renewable Fuel Standard (RFS): Overview and Issues
“Renewable Fuel Standard (RFS): Overview and Issues” by Randy Schnepf, published by BiblioGov on January 28, 2013, is a comprehensive report that examines the role of federal policy in the development of the U.S. biofuels industry. This 36-page document discusses various policy measures, including minimum renewable fuel usage requirements and tax incentives, while focusing specifically on the Renewable Fuel Standard (RFS) and its implications for the national transportation fuel supply.
Readers will find an in-depth analysis of the RFS mandate, its implementation, and the challenges associated with sustaining growth in U.S. biofuels production. The report also addresses emerging issues related to the RFS, including potential unintended consequences stemming from the rapid expansion of biofuels. With its focus on politics and government, this edition provides valuable insights into the complexities of renewable fuel policies and their impact on the industry.
Official synopsis Publisher
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 loan guarantees, and research grants. This report focuses on the mandated minimum usage requirements-referred to as the Renewable Fuel Standard (RFS)- whereby a minimum volume of biofuels is to be used in the national transportation 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.
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