Description

Book Synopsis

Federal policy has played a key role in the emergence of the U.S. biofuels industry. Policy measures have included minimum renewable fuel usage requirements, blending and production tax credits, an import tariff, loans and loan guarantees, and research grants. One of the more prominent forms of federal policy support is the Renewable Fuel Standard (RFS) -- whereby a minimum volume of biofuels is to be used in the national transportation fuel supply each year. This book describes the general nature of the RFS mandate and its implementation, and outlines some emerging issues related to the continued growth of U.S. biofuels production needed to fulfill the expanding RFS mandate, the potential inability of the domestic market to absorb ethanol above a 10% share of domestic gasoline fuels (a problem known as the "blend wall"), and the emergence of potential unintended consequences of this rapid expansion.

Renewable Fuel Standard: Overview, Issues, Future

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    A Hardback by Lydia Rider

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      Book details

      Publisher Nova Science Publishers Inc
      Published 1 December 2014
      ISBN-13 9781633218291
      978-1633218291
      ISBN-10 1633218295
      Also in:
      Alternative and renewable energy sources

      Description

      Book Synopsis

      Federal policy has played a key role in the emergence of the U.S. biofuels industry. Policy measures have included minimum renewable fuel usage requirements, blending and production tax credits, an import tariff, loans and loan guarantees, and research grants. One of the more prominent forms of federal policy support is the Renewable Fuel Standard (RFS) -- whereby a minimum volume of biofuels is to be used in the national transportation fuel supply each year. This book describes the general nature of the RFS mandate and its implementation, and outlines some emerging issues related to the continued growth of U.S. biofuels production needed to fulfill the expanding RFS mandate, the potential inability of the domestic market to absorb ethanol above a 10% share of domestic gasoline fuels (a problem known as the "blend wall"), and the emergence of potential unintended consequences of this rapid expansion.

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