Renewable Fuel Standard sees impactful changes over past 10 years

Doomsday outcomes threatened by opponents of RFS2 simply have not materialized.

Ten years ago, on Dec. 19, 2007, President George W. Bush signed into law the Energy Independence & Security Act, which greatly expanded the scope and impact of the Renewable Fuel Standard (RFS). In the decade since passage, significant progress has been made towards greater energy security, cleaner air and boosting local economies, according to a new analysis by the Renewable Fuels Assn., “The RFS2: Then & Now.”

The RFS requires oil companies to blend increasing volumes of renewable fuels with gasoline and diesel, culminating with 36 billion gal. in 2022.

“A decade after the RFS2 was adopted, tremendous progress has been made toward achieving the objectives of this landmark policy,” according to the analysis, which compares key data points from 2007 to 2017.

Via Feedstuffs. Read more...