Full compliance with biofuels mandate difficult, says CBO

The EPA “is much more likely” to relax the so-called Renewable Fuels Standard (RFS) than to demand full compliance with the 2007 law that guarantees biofuels a share of the gasoline market, said the Congressional Budget Office. The 2007 energy law sets a target of using 36 billion gallons of renewable fuels annually from 2022,… » Read More

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