Full Title: The Renewable Fuel Standard (RFS): An Overview
Author(s): Kelsi Bracmort
Publisher(s): Congressional Research Service
Publication Date: April 14, 2020
Full Text: Download Resource
Description (excerpt):
The Renewable Fuel Standard (RFS) requires U.S. transportation fuel to contain a minimum volume of renewable fuel. The RFS—established by the Energy Policy Act of 2005 (P.L. 109-58; EPAct05) and expanded in 2007 by the Energy Independence and Security Act (P.L. 110-140; EISA)—began with 4 billion gallons of renewable fuel in 2006 and is scheduled to ascend to 36 billion gallons in 2022. The Environmental Protection Agency (EPA) has statutory authority to determine the volume amounts after 2022.
The total renewable fuel statutory target consists of both conventional biofuel and advanced biofuel. Since 2014, the total renewable fuel statutory target has not been met, with the advanced biofuel portion falling below the statutory target by a relatively large margin since 2015. Going forward, it appears unlikely that the United States will meet the total renewable fuel target as outlined in statute.