New US Legislation Proposes 60 Billion Gallon Renewable Fuel Standard

On the first day of the new Congress, Senators Tom Harkin (D-IA), Richard G. Lugar (R-IN), Joseph R. Biden Jr. (D-DE), Byron L. Dorgan (D-ND) and Barack Obama (D-IL) introduced legislation that proposes a new federal renewable fuels standard (RFS) of 60 billion gallons of ethanol and biodiesel by 2030.

The current RFS specifies 7.5 billion gallons of renewable fuel by 2012. Based on forecasts of fuel consumption of approximately 198 billion gallons of gasoline equivalent in 2030, the 60 billion RFS would work out to approximately 30% of the fuel required.

Article via Green Car Congress

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