The Energy Act of 2007 raised the original RFS targets to a whopping 36 billion gallons by 2022.
The lobbying of such groups against a waiver of the RFS is the most egregious, cynical sort of rent-seeking.
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U.S. renewable fuel standards (RFS) require the blending of 13.2 billion gallons of corn ethanol with gasoline this year.
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Created in 2007, the RFS was mandated on the pretext of reducing both carbon emissions and U.S. dependence on foreign oil.
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Third, elimination of the credit would not absolve gasoline blenders from meeting the mandates required by the Renewable Fuel Standard (RFS).
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The court also noted that the RFS program would punish not the biofuel industry, but the refiners for the biofuels production shortfall.
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The EPA is responsible for implementing the RFS and has discretion to grant or deny requested waivers filed on economic or environmental grounds.
"We need to get a really good handle on that fire before high fire danger conditions return, " said a Rural Fire Service (RFS) spokeswoman.
According to the law, in order for the EPA to waive RFS requirements, regulators must first determine that the program is causing economic harm.
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The RFS places a ceiling on the amount of corn that can be used for ethanol at 15 billion gallons beginning in the year 2015.
Rep. Bob Goodlatte, the vice-chairman of the House Agriculture Committee, has introduced a bill that would allow flexibility in the RFS based on supplies of corn.
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Following the passage of the RFS in the Energy Policy Act of 2005, ethanol use exploded, growing at an annual rate of 26% over the following 5 years.
In addition, the Energy Act of 2007 includes provisions allowing the government to reduce the RFS requirement based on its impact on a variety of economic and environmental factors.
In Cooma, there are at least 80 firefighting aircraft, 360 fire trucks and more than 1, 000 RFS volunteers trying to contain the fires in the area, local reports say.
The Federal Renewable Fuel Standard (RFS) continues to force refiners to sell larger amounts of corn ethanol and other biofuels each year, regardless of weather, supply demand, or cost influences.
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Such a "price-capped cellulosic RFS" approach protects consumers by offering them an effective ceiling while offering investors and producers assurance that all cellulosic fuels produced at these reasonable prices will be mandated.
The renewable fuels standard (RFS), originally established in the Energy Act of 2005, requires an increasing amount of biofuel to be blended into gasoline sold in the United States over the coming years.
The food-to-fuel mandate is known as the Renewable Fuels Standard (RFS) and requires 13.2 billion gallons of ethanol to be blended into the gasoline supply this year and 36 billion gallons by 2022.
"The smoke plume of that fire extended some 14km (8.6 miles) into the air and even prevented us from getting aircraft overhead because of just how dangerous and bumpy the conditions were, " RFS Deputy Commissioner Rob Rogers was quoted by ABC News as saying.
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The renewable fuel standard (RFS) mandates that a portion of the fuel supply be composed of an alternative fuel, in this case advanced biofuels (similar to the RFS included in the US Energy Independence and Security Act of 2007, which gradually phases in biofuels over 15 years).
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