National Renewable Fuel Standard Takes Effect

[bananas]

http://www.cleanedge.com/story.php?nID=4908

National Renewable Fuel Standard Takes Effect
September 5, 2007

The nation's first renewable fuels standard (RFS) program took effect Sept. 1. Authorized by the Energy Policy Act of 2005, the program will promote use of fuels largely produced from American-grown crops.

Sept. 1 marked the deadline when obligated parties, such as major refiners, blenders, and importers must meet reporting, registration, and other key compliance requirements. The RFS program requires that at least 7.5 billion gallons of renewable fuel be blended into motor vehicle fuel sold in the United States by 2012. It also requires the obligated parties to use a minimum volume of renewable fuel each year between 2007 and 2012. That minimum volume is determined as a percentage of the total volume of fuel a company produces or imports. The minimum volume will increase every year through 2012. For 2007, 4.02 percent of the fuel sold or dispensed to U.S. motorists will have to come from renewable sources (roughly 4.7 billion gallons).

The RFS is also serving as one of the many pieces to help inform the greenhouse gas regulation that EPA and federal partners are developing under an Executive Order issued by President Bush in May. A proposal is expected by year's end.

[MH1]

1. So, anyone know what's going on with the 2007 Energy bill?

(HR6)

It passed House and Senate in different forms back in June. I wonder when it will pop out of conference?

That one may have a 20% Renewable Portfolio Standard. (I know, not the same as RFS - but the op reminded me of it)

[GliderGuider]

2. 7.5 billion gallons of fuel from crops...

That's under half a million barrels per day, out of the 20 million you use now. That will represent less than 2% of your oil use in 2012. For this you are willing to threaten the food security of the planet?

Evil just got a brand new face.

[razzleberry]

3. the 7.5 million, will happen in 2008/9

10 million bpd, in operation today, or building

better the US do it,
than have other countries do the disstilling for us.

the econmics are compelling