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RENEWABLE FUEL STANDARD: Program Unlikely to Meet Its Targets for Reducing Greenhouse Gas Emissions
Book Synopsis Renewable Fuel Standard by : United States Government Accountability Office
Download or read book Renewable Fuel Standard written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-12-24 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: RENEWABLE FUEL STANDARD: Program Unlikely to Meet Its Targets for Reducing Greenhouse Gas Emissions
The RFS generally mandates that domestic transportation fuels be blended with increasing volumes of biofuels through 2022, with the goals of reducing greenhouse gas emissions and expanding the nation's renewable fuels sector while reducing reliance on imported oil. Annual targets for the volumes of biofuels to be blended are set by statute. EPA oversees the program and is responsible for adjusting the statutory targets through 2022 to reflect expected U.S. industry production levels, among other factors, and for setting biofuel volume targets after 2022. Biofuels included in the RFS are conventional (primarily cornstarch ethanol) as well as various advanced biofuels (including cellulosic ethanol and biomass-based diesel). Advanced biofuels emit fewer greenhouse gases than petroleum and corn-starch ethanol. GAO was asked to review challenges to the RFS and their possible solutions. This report provides information on whether the RFS is expected to meet its goals, as well as expert views on any federal actions that could improve the RFS framework, among other things. GAO worked with the National Academy of Sciences to identify experts on issues related to the RFS. GAO interviewed these experts and analyzed their responses. This report also drew on published studies, and a companion report, GAO-17-108, that examined federal research and development in advanced biofuels and related issues. EPA generally agreed with the report.
Book Synopsis Renewable Fuel Standard, Program Unlikely to Meet Its Targets for Reducing Greenhouse Gas Emissions by : United States. Government Accountability Office
Download or read book Renewable Fuel Standard, Program Unlikely to Meet Its Targets for Reducing Greenhouse Gas Emissions written by United States. Government Accountability Office and published by . This book was released on 2016 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The RFS generally mandates that domestic transportation fuels be blended with increasing volumes of biofuels through 2022, with the goals of reducing greenhouse gas emissions and expanding the nation's renewable fuels sector while reducing reliance on imported oil. Annual targets for the volumes of biofuels to be blended are set by statute. EPA oversees the program and is responsible for adjusting the statutory targets through 2022 to reflect expected U.S. industry production levels, among other factors, and for setting biofuel volume targets after 2022. Biofuels included in the RFS are conventional (primarily cornstarch ethanol) as well as various advanced biofuels (including cellulosic ethanol and biomass-based diesel). Advanced biofuels emit fewer greenhouse gases than petroleum and corn-starch ethanol. GAO was asked to review challenges to the RFS and their possible solutions. This report provides information on whether the RFS is expected to meet its goals, as well as expert views on any federal actions that could improve the RFS framework, among other things. GAO worked with the National Academy of Sciences to identify experts on issues related to the RFS. GAO interviewed these experts and analyzed their responses. This report also drew on published studies, and a companion report, GAO-17-108, that examined federal research and development in advanced biofuels and related issues. EPA generally agreed with the report.
"The RFS generally mandates that domestic transportation fuels be blended with increasing volumes of biofuels through 2022, with the goals of reducing greenhouse gas emissions and expanding the nation's renewable fuels sector while reducing reliance on imported oil. Annual targets for the volumes of biofuels to be blended are set by statute. EPA oversees the program and is responsible for adjusting the statutory targets through 2022 to reflect expected U.S. industry production levels, among other factors, and for setting biofuel volume targets after 2022. Biofuels included in the RFS are conventional (primarily corn-starch ethanol) as well as various advanced biofuels (including cellulosic ethanol and biomass-based diesel). Advanced biofuels emit fewer greenhouse gases than petroleum and corn-starch ethanol.GAO was asked to review challenges to the RFS and their possible solutions. This report provides information on whether the RFS is expected to meet its goals, as well as expert views on any federal actions that could improve the RFS framework, among other things. GAO worked with the National Academy of Sciences to identify experts on issues related to the RFS. GAO interviewed these experts and analyzed their responses. This report also drew on published studies, and a companion report, GAO-17-108, that examined federal research and"
Book Synopsis Renewable Fuel Standard, Program Unlikely to Meet Its Targets for Reducing Greenhouse Gas Emissions by : United States. Government Accountability Office
Download or read book Renewable Fuel Standard, Program Unlikely to Meet Its Targets for Reducing Greenhouse Gas Emissions written by United States. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-19 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The RFS generally mandates that domestic transportation fuels be blended with increasing volumes of biofuels through 2022, with the goals of reducing greenhouse gas emissions and expanding the nation's renewable fuels sector while reducing reliance on imported oil. Annual targets for the volumes of biofuels to be blended are set by statute. EPA oversees the program and is responsible for adjusting the statutory targets through 2022 to reflect expected U.S. industry production levels, among other factors, and for setting biofuel volume targets after 2022. Biofuels included in the RFS are conventional (primarily corn-starch ethanol) as well as various advanced biofuels (including cellulosic ethanol and biomass-based diesel). Advanced biofuels emit fewer greenhouse gases than petroleum and corn-starch ethanol.GAO was asked to review challenges to the RFS and their possible solutions. This report provides information on whether the RFS is expected to meet its goals, as well as expert views on any federal actions that could improve the RFS framework, among other things. GAO worked with the National Academy of Sciences to identify experts on issues related to the RFS. GAO interviewed these experts and analyzed their responses. This report also drew on published studies, and a companion report, GAO-17-108, that examined federal research and"
RENEWABLE FUEL STANDARD: Program Unlikely to Meet Production or Greenhouse Gas Reduction Targets
Book Synopsis Renewable Fuel Standard by : United States Government Accountability Office
Download or read book Renewable Fuel Standard written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-11 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: RENEWABLE FUEL STANDARD: Program Unlikely to Meet Production or Greenhouse Gas Reduction Targets
The RFS generally mandates that domestic transportation fuels be blended with increasing volumes of biofuels through 2022, with the goals of reducing greenhouse gas emissions and expanding the nation's renewable fuels sector while reducing reliance on imported oil. Blending of conventional renewable fuels, primarily ethanol derived from corn starch which is required to reduce greenhouse gas emissions by 20 percent compared with petroleum-based fuels, has nearly reached the maximum called for under the RFS. Further growth in renewable fuels is to come from advanced biofuels, which must reduce life-cycle greenhouse gas emissions by at least 50 percent compared with petroleum-based fuels to qualify under the RFS. However, production of advanced biofuels has not kept pace with statutory targets. To promote the development and commercialization of advanced biofuels, the federal government has supported R&D efforts for biofuels since the 1970s. GAO was asked to review issues related to advanced biofuels R&D. This report describes (1) how the federal government has supported advanced biofuels R&D in recent years and where its efforts have been targeted and (2) expert views on the extent to which advanced biofuels are technologically understood and the factors that will affect the speed and volume of production. GAO interviewed DOD, DOE, EPA, NSF, and USDA
Book Synopsis Renewable Fuel Standard by : United States Government Accountability Office
Download or read book Renewable Fuel Standard written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-24 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The RFS generally mandates that domestic transportation fuels be blended with increasing volumes of biofuels through 2022, with the goals of reducing greenhouse gas emissions and expanding the nation's renewable fuels sector while reducing reliance on imported oil. Blending of conventional renewable fuels, primarily ethanol derived from corn starch which is required to reduce greenhouse gas emissions by 20 percent compared with petroleum-based fuels, has nearly reached the maximum called for under the RFS. Further growth in renewable fuels is to come from advanced biofuels, which must reduce life-cycle greenhouse gas emissions by at least 50 percent compared with petroleum-based fuels to qualify under the RFS. However, production of advanced biofuels has not kept pace with statutory targets. To promote the development and commercialization of advanced biofuels, the federal government has supported R&D efforts for biofuels since the 1970s. GAO was asked to review issues related to advanced biofuels R&D. This report describes (1) how the federal government has supported advanced biofuels R&D in recent years and where its efforts have been targeted and (2) expert views on the extent to which advanced biofuels are technologically understood and the factors that will affect the speed and volume of production. GAO interviewed DOD, DOE, EPA, NSF, and USDA
Congress established the RFS in 2005 and expanded it 2 years later. The RFS generally mandates that transportation fuels—typically gasoline and diesel—sold in the United States contain increasing amounts of biofuels. In addition, the RFS is designed to reduce greenhouse gas emissions by replacing petroleum-based fuels with biofuels expected to have lower associated greenhouse gas emissions. The most common biofuel currently produced in the United States is corn-starch ethanol, distilled from the sugars in corn. EPA uses RINs associated with biofuels blended with petroleum-based fuels to regulate compliance with the program. In 2014, GAO found that refiners’ costs for complying with the RFS had increased, and in 2016, GAO found that greenhouse gas emissions are unlikely to be reduced to the extent anticipated because production of advanced biofuels—which reduce greenhouse gas emissions more than corn-starch ethanol—has not kept pace with the yearly increases or the target of 21 billion gallons by 2022 called for by the statute. GAO was asked to review additional issues related to the effects of the RFS. This report examines what is known about (1) the effect the RFS has had to date on retail gasoline prices in the United States and (2) the RFS’s effect on greenhouse gas emissions and whether the RFS will meet its goals for reducing those emissions. The report also provides information about RINs. Because the RFS was implemented on a nationwide basis at the same time that other factors, such as the global price of crude oil and domestic demand for retail gasoline, were affecting retail gasoline prices across the nation, it is not possible to directly isolate and measure the effect the RFS had on gasoline prices nationwide given data available to GAO. Instead GAO developed and extensively tested an econometric model that estimated the effects on retail gasoline prices of state ethanol mandates.
Book Synopsis Renewable Fuel Standard by : United States. Government Accountability Office
Download or read book Renewable Fuel Standard written by United States. Government Accountability Office and published by . This book was released on 2019 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress established the RFS in 2005 and expanded it 2 years later. The RFS generally mandates that transportation fuels—typically gasoline and diesel—sold in the United States contain increasing amounts of biofuels. In addition, the RFS is designed to reduce greenhouse gas emissions by replacing petroleum-based fuels with biofuels expected to have lower associated greenhouse gas emissions. The most common biofuel currently produced in the United States is corn-starch ethanol, distilled from the sugars in corn. EPA uses RINs associated with biofuels blended with petroleum-based fuels to regulate compliance with the program. In 2014, GAO found that refiners’ costs for complying with the RFS had increased, and in 2016, GAO found that greenhouse gas emissions are unlikely to be reduced to the extent anticipated because production of advanced biofuels—which reduce greenhouse gas emissions more than corn-starch ethanol—has not kept pace with the yearly increases or the target of 21 billion gallons by 2022 called for by the statute. GAO was asked to review additional issues related to the effects of the RFS. This report examines what is known about (1) the effect the RFS has had to date on retail gasoline prices in the United States and (2) the RFS’s effect on greenhouse gas emissions and whether the RFS will meet its goals for reducing those emissions. The report also provides information about RINs. Because the RFS was implemented on a nationwide basis at the same time that other factors, such as the global price of crude oil and domestic demand for retail gasoline, were affecting retail gasoline prices across the nation, it is not possible to directly isolate and measure the effect the RFS had on gasoline prices nationwide given data available to GAO. Instead GAO developed and extensively tested an econometric model that estimated the effects on retail gasoline prices of state ethanol mandates.
Book Synopsis Examining EPA's Management of the Renewable Fuel Standard Program by : United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Energy Policy, Health Care, and Entitlements
Download or read book Examining EPA's Management of the Renewable Fuel Standard Program written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Energy Policy, Health Care, and Entitlements and published by . This book was released on 2014 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.
Book Synopsis The Greenhouse Gas Protocol by :
Download or read book The Greenhouse Gas Protocol written by and published by World Business Pub.. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.
In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.
Book Synopsis Renewable Fuel Standard by : National Research Council
Download or read book Renewable Fuel Standard written by National Research Council and published by National Academies Press. This book was released on 2012-01-29 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.
The Renewable Fuel Standard (RFS) establishes minimum volumes of various types of renewable fuels that must be included in the U.S.'s supply of fuel for transportation. Those volumes -- as defined by the Energy Independence and Security Act of 2007 (EISA) -- are intended to grow each year through 2022. Recently, the requirements of the RFS have been met largely by blending gasoline with ethanol made from cornstarch. In the future, EISA requires the use of increasingly large amounts of "advanced biofuels," which include diesel made from biomass (such as soybean oil or animal fat), ethanol made from sugarcane, and cellulosic biofuels (made from converting the cellulose in plant materials into fuel). A main goal of the Renewable Fuel Standard is to reduce U.S. emissions of greenhouse gases, which contribute to climate change. Policymakers and analysts have raised concerns about the RFS, particularly about the feasibility of complying with the standard, whether it will increase prices for food and transportation fuels, and whether it will lead to the intended reductions in greenhouse gas emissions. This analysis evaluates how much the supply of various types of renewable fuels would have to increase over the next several years to comply with the RFS. It also examines how food prices, fuel prices, and emissions would vary in an illustrative year, 2017, under three scenarios for the Renewable Fuel Standard. Figures and tables. This is a print on demand report.
Book Synopsis The Renewable Fuel Standard by : Terry Dinan
Download or read book The Renewable Fuel Standard written by Terry Dinan and published by . This book was released on 2014-08-02 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Renewable Fuel Standard (RFS) establishes minimum volumes of various types of renewable fuels that must be included in the U.S.'s supply of fuel for transportation. Those volumes -- as defined by the Energy Independence and Security Act of 2007 (EISA) -- are intended to grow each year through 2022. Recently, the requirements of the RFS have been met largely by blending gasoline with ethanol made from cornstarch. In the future, EISA requires the use of increasingly large amounts of "advanced biofuels," which include diesel made from biomass (such as soybean oil or animal fat), ethanol made from sugarcane, and cellulosic biofuels (made from converting the cellulose in plant materials into fuel). A main goal of the Renewable Fuel Standard is to reduce U.S. emissions of greenhouse gases, which contribute to climate change. Policymakers and analysts have raised concerns about the RFS, particularly about the feasibility of complying with the standard, whether it will increase prices for food and transportation fuels, and whether it will lead to the intended reductions in greenhouse gas emissions. This analysis evaluates how much the supply of various types of renewable fuels would have to increase over the next several years to comply with the RFS. It also examines how food prices, fuel prices, and emissions would vary in an illustrative year, 2017, under three scenarios for the Renewable Fuel Standard. Figures and tables. This is a print on demand report.
