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The Renewable Fuel Standard (RFS) is an American federal program that requires transportation fuel sold in the United States to contain a minimum volume of renewable fuels. It originated with the Energy Policy Act of 2005 and was expanded and extended by the Energy Independence and Security Act of 2007.
In the Renewable Fuel Standard (RFS), the federal government set up a program to guarantee a demand for biofuels and thus promote the biofuels industry. This demand can only be met if there is a steady, readily available supply of biomass feedstocks for producing biofuels.
Renewable Fuel Standard (RFS) Despite their respective flaws, the Energy Policy Act of 2005 (RFS1) and Clean Energy Act of 2007 (RFS2) have been extremely successful in fostering markets for ...
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Congress supported the renewable fuels program under the Energy Independence and Security Act of 2007 to contain particular annual volume standards for complete renewable fuel and also for the fixed renewable fuel groups of biomass-based diesel, biofuel, and advanced biofuel.
A Renewable Identification Number (or RIN) is a serial number assigned to a batch of biofuel for the purpose of tracking its production, use, and trading as required by the United States Environmental Protection Agency's Renewable Fuel Standard (RFS) implemented according to the Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007.
Congress established the Renewable Fuel Standard program as part of the Energy Policy Act of 2005 to promotion the production of renewable fuels. The program, managed by the Environmental Protection Agency (EPA), requires oil refineries to blend in renewable fuels, such as ethanol, into their products produced from fossil fuels. The amount to ...
As with the EU, the U.S. Renewable Fuel Standard (RFS) and the California Low Carbon Fuel Standard (LCFS) both require specific levels of lifecycle greenhouse gas reductions compared to equivalent fossil fuel consumption. The RFS requires that at least half of the biofuels production mandated by 2022 should reduce lifecycle emissions by 50 percent.