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The American public realizes the growing scarcity of petroleum and the desirability of the development of alternative fuels. In 2005 and 2007, the U.S. Congress passed laws that aim to promote the consumption of renewable biofuels. The Environmental Protection Agency then designed the Renewable...
Persistent link: https://www.econbiz.de/10014205829
The Renewable Fuel Standard (RFS) program, which mandates the commercialization of bio-fuels through 2022, is the U.S.’s most significant renewable energy policy. It was first established in 2005 in order to create a viable market for bio-fuels based on the policy goals of enhancing U.S....
Persistent link: https://www.econbiz.de/10014153607
Increased reliance on renewable energy technologies remains the best approach to mitigate the environmental and social problems associated with the unsustainable use of finite fossil fuels for our energy needs. The Renewable Fuel Standard (“RFS” or “Standard”) exists as a pioneering...
Persistent link: https://www.econbiz.de/10014165995
The U.S. Congress established the Renewable Fuel Standard (RFS) program, which mandates a certain volume of biofuel consumption from 2006-2022, in an effort to enhance U.S. energy security, reduce transportation-related GHG emissions, and stimulate rural economic development. In this Paper, we...
Persistent link: https://www.econbiz.de/10013105168