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In December 2007, the Congress expanded the renewable fuel standard (RFS), which requires rising use of ethanol and other biofuels, from 9 billion gallons in 2008 to 36 billion gallons in 2022. To meet the RFS, the Departments of Agriculture (USDA) and Energy (DOE) are developing advanced biofuels that use cellulosic feedstocks, such as corn stover and switchgrass. The EPA administers the RFS. This report examines, among other things: (1) the effects of increased biofuels production on U.S. agriculture, environment, and greenhouse gas emissions; (2) federal support for domestic biofuels production; and (3) key challenges in meeting the RFS. Includes recommendations. Charts and tables.RFS, and an Ethanol Tariff Have Primarily Supported Conventional Corn Starch Ethanol ... Many analysts believe that under current market conditions, with crud prices well below ... In addition, as corn starch ethanol consumption increases in future years under the RFS, higher oil prices will be needed to make the RFSanbsp;...

Author:Mark E. Gaffigan
Publisher:DIANE Publishing - 2010-01


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