Meeting biofuel mandate “will be challenging,” says CBO
The Congressional Budget Office says, “In the future, meeting (biofuels) mandates will be challenging” because of the so-called blend wall at the traditional blend of 10 percent ethanol and 90 percent gasoline and because of the slow development of second-generation biofuels from nonfood crops. “Overcoming the blend wall will require capital investments in fueling stations and significant… » Read More
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