Gehlhar, Mark J.; Somwaru, Agapi; Somwaru, Agapi - Economic Research Service, Department of Agriculture - 2010
Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the … the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost …-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual …