Biotech Updates

USEPA Renewable Fuels Standard for 2009 Increased to 10.21%

November 21, 2008
http://yosemite.epa.gov/opa/admpress.nsf/0/0F3E526FF7814A7E852575040063B300
http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=12110

The “Renewable Fuels Standard” (RFS) in the United States, is a program under the Energy Policy Act of 2005. The program requires the blending of renewable fuels into the country’s motor-vehicle fuel supply. The United States Environmental Protection Agency (USEPA) has been given the responsibility for “revising and implementing regulations to ensure that gasoline sold in the United States contains a minimum volume of renewable fuel”. The program requires a yearly increase in the use of renewable fuels (for example, biofuels) through 2012. In order to keep up with the targets established by the Energy Independence and Security Act of 2007, the USEPA has set the 2009 RFS to 10.21%. This means that gasoline refiners and importers are mandated to displace 10.21% of their gasoline with renewable fuels. This would guarantee the sale of 11.1 billion gallons of renewable fuel in 2009. In 2008, the RFS was 7.76%, equivalent to 9 billion gallons of renewable fuel blended into gasoline.

Related Information on Renewable Fuel Standard: http://www.epa.gov/otaq/renewablefuels/index.htm