10 Biofuels Predictions for 2010: #4, US Congress revises Renewable Fuel Standard

In 2010, look for:

Congress will take up the Renewable Fuel Standard with a goal of setting new targets and timelines, and making the language more fuel and feedstock neutral.  Look for the 36 billion gallon target established in 2007 to be extended towards 2025, or reduced. Look for drop-in fuels and microcrops to be added to the legislation. Look for indirect land use change to be dropped as a criteria for biofuels until 2015.

The hint from 2009:

Senator Charles Grassley of Iowa: “I think Congress has to get involved if they don’t do it [approve blends up to E15] because we’re up against an E10 stone wall and we have to cross that wall or we’re not going to keep the [renewable fuel standard] mandates that are already in the law. And if they don’t do what I think is very reasonable, to go to E15, then I think Congress has to intervene. But do I think Congress would intervene in the next three weeks before Christmas? I doubt it.”

10 Biofuels Predictions for 2010: #4, US Congress revises Renewable Fuel Standard is a post from: Biofuels Digest