U.S. Economic Impact of Advanced Biofuels Production

The U.S. Renewable Fuel Standard (RFS) for transportation fuels sets minimum levels of renewable fuels that must be blended into gasoline and other transportation fuels from 2006 to 2022. Specific requirements for blending advanced biofuels, including cellulosic biofuels and biomass-based biodiesel, begin at 0.6 billion gallons per year in 2009 and rise to 21 billion gallons in 2022. The RFS levels for advanced biofuels production will drive the creation of a major new industry, creating a foundation for future technology development and commercial growth.