The Renewable Fuel Standard currently requires transportation fuel to contain certain amounts of renewables such as corn grain ethanol regardless of how high it pushes corn prices or how much weather conditions or tariffs on imported ethanol have reduced supplies.
First, there is the standard for fuel economy administered by the Department of Transportation.
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In fact, they will save money because a higher fuel efficiency standard obviously uses less fuel and ultimately costs less money to operate.
Although upgrading biogas to pipeline quality results in a fuel considerably more expensive than natural gas, biomethaneis starting to gain momentum in the U.S., particularly as a potential renewable fuel that can satisfy advanced biofuels mandates under the Renewable Fuel Standard (RFS2) and emerging Low Carbon Fuel Standards (LCFS).
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).
Simple: By adopting an Open Fuel Standard that requires every new car sold in America to have not only have seat-belts and airbags but Flexible Fuel Vehicle (FFV) capability.
Bush wants to reduce U.S. gasoline usage by 20% by 2012 through a massive increase in the renewable fuels standard and a hike in the corporate average fuel economy standard for cars and light trucks.
The fuel economy standard (FES) policy regulates the sales-weighted average fuel economy of new vehicles (designed to be similar to the Corporate Average Fuel Economy, or CAFE, standards, which were enacted in 1978 and have been recently tightened).
These include metric to standard conversions, fuel consumption, air speed and distance calculations, and more.
In your standard fossil-fuel power plant, the inefficiency begins when the coal or gas ignites.
At the moment, its highest priority is the adoption of an Open Fuel Standard.
That means more emissions (EPA modeled that in their Renewable Fuel Standard), but also more costs.
On the fuel side, we have ethanol subsidies and the Renewable Fuel Standard, which is an implicit subsidy program.
During the recent presidential campaign, both Barack Obama and John McCain endorsed the concept of an Open Fuel Standard.
Sooner or later, Congress will adopt an Open Fuel Standard requiring every new car sold in America to be an FFV.
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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But California now has a low-carbon fuel standard that takes account of the amount of carbon dioxide released in the delivery of a barrel of oil to market.
Given the stakes for our people and country, however, getting an Open Fuel Standard adopted this year should be a test of the avowed desire of both Messrs.
Inevitably, this Open Fuel Standard would become the international one.
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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In a huge win for backers of biofuels, the U.S. Environmental Protection Agency today denied a closely watched request to grant Texas a 50% waiver from a federal renewable fuel standard mandate.
While some tax incentives do exist (for ethanol and wind energy), there are no federal energy mandates besides a meager Renewable Fuel Standard passed last year by Congress to boost production of ethanol and biodiesel.
Democrats may have a tougher time at the polls in general next year: Green policies like the state's renewable energy mandate, cap and trade and a low-carbon fuel standard will start kicking into high gear in 2014.
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The air resources board adopted a low-carbon fuel standard to carry out the legislation, but a judge blocked the state from enforcing the standard last month in order to allow lawsuits that challenge it to proceed.
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It directs my administration, under the leadership of Transportation Secretary Ray LaHood and EPA Administrator Lisa Jackson, to develop a standard to improve fuel efficiency and reduce harmful emissions for trucks, starting with the model year 2014.
However, experts say that the oil industry would naturally be at odds with the proposal for an increased renewable fuel standard, particularly since it only reluctantly accepted the current standard of 7.5 billion gallons of renewables by 2012.
Legislation has been introduced in both houses of Congress which would ensure that the American manufacturers' foreign competitors must also meet this "Open Fuel Standard" and that eighty percent of all new cars sold in America by 2015 must be FFVs.
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