Abstract

Biofuels are currently in a state of flux. The main operative policy for biofuels in the United States is the Renewable Fuel Standard (RFS). It specifies a minimum quantity of four different types of biofuels that must be blended each year in the United States through 2022. However, the United States also faces what is called the blend wall, which is a physical limit on blending given that the United States blends at a 10% rate. The blend wall upper limit is now below the RFS lower limit for corn ethanol, and that is causing problems with the administration of the RFS. This chapter explains how the RFS functions and then examines alternatives to the current administration of the RFS. The RFS is critical for cellulosic biofuels and biodiesel, and its elimination would likely end use of those fuels. Corn ethanol, however, is now much less expensive than gasoline and would continue.

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