Briefing
How the Renewable Fuel Standard works
The Renewable Fuel Standard (RFS) has been in the spotlight recently, as competing demands mount to increase or decrease the mandated volume of biofuel that must be blended into gasoline and diesel in 2014.
This briefing provides a broad overview of the RFS, including a brief description of its history and how it is currently implemented. It explains how and why the U.S. Environmental Protection Agency proposed to reduce the 2014 RFS volumes, as well as how different types of biofuels are categorized under the RFS, how the credit trading system works, and how new biofuel pathways can qualify for credits.
