This 2011 report from the National Research Council examines the Renewable Fuel Standard (RFS2) established under the Energy Independence and Security Act of 2007, which mandated the production of 36 billion gallons of biofuels annually by 2022. The committee analyzes the economic feasibility of meeting these targets, the likely environmental consequences of expanded biofuel production on land use, water resources, air quality, and greenhouse gas emissions, and the potential effects on agricultural commodity markets. Drawing on contributions from multiple boards across engineering, earth sciences, and agriculture, the volume offers a technical assessment of whether cellulosic and conventional biofuels can realistically achieve the policy's stated goals.

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Bibliographic Details

Title: Renewable Fuel Standard: Potential Economic and Environmental Effects of U.S. Biofuel Policy National Research Council; Division on Engineering and Physical Sciences; Board on Energy and Environmental Systems; Division on Earth and Life Studies; Board on Agriculture and Natural Resources and Committee on Economic and Environmental Impacts of Increasing Biofuels Production
Publisher: National Academies Press, Washington, D.C
Publication Date: 2011
Language: English
ISBN 10: 0309187516
ISBN 13: 9780309187510
Binding: Paperback
Condition: New
Dimensions: 14 inches width by 14 inches height by 4 inches depth
Weight: 3.2 pounds

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Synopsis

Liquid transportation fuels have always been critical to economic development. We have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. However, volatile oil prices and abrupt changes in global climate have led to concerns about energy security and greenhouse gas emissions from using fossil fuels. Renewable Fuel Standard discusses the possible outcome of increasing biofuels production to meet the biofuel consumption mandated by the Renewable Fuel Standard (RFS2), as amended by the Energy Independence and Security Act (EISA). The book 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 price 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.

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